AAAID

Mauritania secures $34m agric loan from Riyadh

The loan will be used to develop 3,500 hectares of land in the eastern basin of the Rkiz plain (300 km south of Nouakchott), develop another 2,200 hectares and rehabilitate 1,000 hectares in the western basin of the same plain.

Overseas farm projects to be insured

The Agricultural Development Fund, the Islamic Development Bank and the Arab Authority for Agricultural Investment & Development are holding talks to provide insurance on the agricultural projects being funded by King Abdullah's Initiative for Saudi Agricultural Investment Abroad