Ethiopia

The Environmental Cost of Euro-Arab Scramble for Africa

Reports indicate the growing Euro-Arab-Asian interest to buy land in Africa for the food security of their home population, not Africa´s. However, seldom do these reports link the the appetite for farmland and energy investment on the continent with the current global economic crises.

Gulf Africa Strategy Forum 2009

The lack of systematic collection of data and categorising private and official investments from the Gulf has made it difficult to reach an accurate estimate of total investments, made so far.

Saudis to invest $ 266m in Ethiopia and Sudan

A group of five Saudi Arabia business men have planned to invest 1 billion Saudi riyals (some $ 266.6 million) in agricultural projects in Sudan and Ethiopia within the coming few years, Pan Arab daily Asharq Al Awsat reports.

Saudis to invest in Ethiopia and Sudan

A group of Saudi businessmen have planned to invest over SR1 billion [USD267m] in agricultural projects in Ethiopia and Sudan on a staggered schedule within next few years.

Food: The big land sell-off

With vast tracts of land being sold in Madagascar, and Sudan and other African governments actively seeking investors in agricultural land, are we witnessing a neo-colonial land grab or will the investment result in greater food productivity to the long-term benefit of recipient nations?

Al-Amoudi plans largest agro investment

In the largest single agricultural investment, Ethiopia’s richest man Sheik Mohammed Hussein Ali Al-Amoudi, joined the bio-fuel sector in a joint venture with Jemal Ahmed, one of the biggest edible and palm oil importers in the country.

Ethiopia: Can foreign-owned farms solve food crisis?

The Ethiopian government’s ambitious target of harvesting 28 million tonnes of cereals in the first three quarters of the 2007/2008 budget year has failed. Authorities seem determined to change this situation by leasing huge chunks of land to other sovereign states for mechanised farming.