Down on the farm, Saudi Arabia has a $9.8bn hole to fill
- AGBI
- 28 November 2024
After years investing in farms overseas, the Saudi government is now stepping up efforts to attract foreign investors to its domestic agriculture sector
After years investing in farms overseas, the Saudi government is now stepping up efforts to attract foreign investors to its domestic agriculture sector
Project includes the planting of 12 million trees on 130,000 hectares of "abandoned and degraded areas" to offset emissions by the Italian energy company.
Critical issues around the food and energy security plaguing Africa dominated discourse at the Food and Energy Security Conference in Lagos hosted by White & Case LLP in collaboration with the Nigeria Sovereign Investment Authority, AFREXIM, and African Finance Corporation.
COAG expone en un informe que el proceso por el que los agricultores pasan de trabajar sus tierras a ser empleados de grandes empresas contribuye a un descenso en el 59% de las explotaciones.
Iran government official says Iran is currently using some 0.228 million hectares of land for farming in other countries, including Brazil, Kazakhstan, Belarus and Russia and that private Iranian companies have also launched overseas farming projects in Ghana, Armenia and Pakistan.
President of Azerbaijan Ilham Aliyev has approved amendments to the "Law on Land Lease" under which agricultural lands in the Karabakh and Eastern Zangazur areas that Azerbaijan seized in the 2020 war with Armenia will be leased to business entities through investment competitions.
Avon Pension Fund plans to further allocate between £100m and £150m to assets such as sustainable forestry and agriculture due to the assets return factors.
Carbon Assets Nigeria Limited has signed an MOU with Jigawa State for a project that will span 32,000 hectares, plant over 4 million trees, and generate $48 million-$144 million in revenue from the sale of carbon credits.
Findings from the Federal Government’s latest annual Foreign Ownership of Agricultural Land Register released last week show the total area of ag land with a level of offshore ownership has fallen just 0.3 percent from 47.7 million hectares to 47.56m ha last year.
Nigeria's Niger State has promised to make available 1.2 million hectares of land for use as the Federal Government secures a $2.5B livestock investment with Brazil's JBS, one of the world’s largest meat processing enterprises.
Agbeyewa Farms, a subsidiary of Cavista Holding, says its farm in Ekiti State is currently harvesting about 380 hectares but intends to expand to 10,000 ha.
We must recognize and stop the growing takeover of forest, grassland, and farmland by powerful financial actors, which is being perpetrated in the name of new myths of false solutions to climate change.