The Russian Direct Investment Fund and the Saudi Agricultural and Livestock Investment Company signed an agreement to join forces in the search of investment projects in the Russian agricultural sector
Scholar and employee of the UN Economic Commission for Africa, Atkyelesh G.M. Persson, recommends that the government, private sector and academia further investigate the potential damages large scale farms have perpetrated in Ethiopia and beyond.
For Saudi state-based SALIC the investment in Hummingbird reflects its ambitions to evolve into a global agribusiness investment company, and is a strong strategic move after its string of farmland deals this past year.
Gulf agribusiness companies found their panacea in Egypt, which is prioritizing investment in large-scale, modernized farming to export crops over pursuing strategic crop cultivation and traditional farming methods in the Nile Valley and Delta.
A Saudi delegation met with South Africa’s Minister of Agriculture and "expressed a desire to lease land in South Africa to produce a wide range of agricultural commodities provided they can sign a lease of 99 years or more.”