Consistent interest from Saudi Arabia in direct investment in foreign agriculture, such as SALIC's recent purchase of 200,000 ha in Western Australia, will continue.
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
Birhanu Fikade of "The Reporter" sat down with Atkyelesh G.M. Persson (PhD) to learn about her findings on large scale FDI that failed to deliver the desired results in Ethiopia
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.
Gulf investment is one of the largest foreign capitals in Egypt's agribusiness sector and it owns companies that have controlling market shares of corporate food.
Saudi Arabia-based SAK Consultants is looking into investing in land or forming a partnership with landowners to export vegetables and meat to Saudi Arabia.
Saudi Agricultural & Livestock Investment Co. (SALIC) bought 200,000 hectares of farmland in Australia as the company explores global deals to expand its business.
Little of the 5 million acres [2.02 million hectares] that Sudan's agriculture ministry estimates are in foreign hands—perhaps less than 1 in 20 acres—has been cultivated.
Saudi-based Almarai owns 15,000 acres of an irrigated valley – but what business does a foreign food production company have drawing resources from a US desert?
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.”
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"It's the bad apples that do this"
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