Ethiopia

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.

Welcome fades for wealthy nations

The initial welcome given to rich countries’ investment in African farmland by agricultural and development officials has faded as the first ventures prove to be heavily weighted in favour of the investors. The FAO warned of such a trend when it said this year that the race to secure farmland overseas risked creating a “neo-colonial” system.

Saudi Arabia Food and Drink Report Q4 2008

Due to the lack of arable land in its home market, Savola must look abroad for agricultural land and has named Sudan, Egypt, Ethiopia and Ukraine as target countries where it plans to buy the land necessary to grow seeds such as sunflower and corn seeds.