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?
King Abdullah received today Saudi Arabia's Minister of Commerce and Industry accompanied by two Saudi businessmen Mohammad Hussein Al-Amoudi and Abdullah Hassan Al-Masri on the occasion of the arrival of the earliest produce of their rice to the Kingdom.
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.
Sur les concessions proprement dites, le Soudan a mis à la disposition de notre pays 4200 hectares ce projet sera financé par la Banque Islamique (BI), quant à l’Ethiopie, elle devra délivrer 5000 hectares mais par étapes et cette partie du projet sera financé par la Banque Africaine de Développement (BAD).
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.