UAE in talks to buy more African land to aid food security
- AGBI
- 31 January 2024
With 56 deals under its belt, the UAE has 14 more farmland acquisition deals in the pipeline in 2024, mainly in Africa
With 56 deals under its belt, the UAE has 14 more farmland acquisition deals in the pipeline in 2024, mainly in Africa
E20 Investment of UAE plan to use 5,000 hectares in Angola for rice cultivation and 500 hectares for avocado production.
The proposed joint venture would bring together irrigation techniques and integrating digital tools into farming and landscaping projects.
Dubai Investments and E20 Investment, an Abu Dhabi-based agribusiness investment company, have signed a Memorandum of Understanding to develop 3,750 Ha of agricultural land in Angola, espeically for rice and avocados