Saudi Star Agricultural Development Plc, the newest food growing company formed by Mohammed Hussein Ali Al-Amoudi, is to acquire 100,000sqm of land in Bishoftu (Debre Zeit) this week, its senior official disclosed.
"This apparent rush to lease so much farmland, much or all of it to foreign interests, during a time of worsening food insecurity should raise concern within the donor community about GoE motivations and negotiating capacity," writes the US embassy in Addis Ababa in December 2009
Ethiopia's potential can be maximized only if we Ethiopians are the producers and sellers of our own agricultural products. What Meles Zenawi is doing now is putting this upside down. He made our potential buyers the sellers of our commodity.