Citadel Capital

Egyptian companies seek African land deals: Abaza

Farmland deals in Africa inked by private Egyptian firms, commonly called "land grabs," could help the import-dependent nation get access to grain when markets spike, Egypt's agriculture minister Amin Abaza said. "This is going to be a private initiative."

Egypt's Citadel to invest $200-$400 mln in 2010

Citadel, which also announced on Tuesday that it was investing in 500,000 feddans (210,000 hectares) of farmland in Sudan, is also looking to potential investments elsewhere in Africa: Uganda, Kenya, Ethiopia.