Saudi-based partners launch Africa rice farming plan
- Reuters
- 03 August 2009
The $1bn project, dubbed 7X7, aims at developing 700,000 ha of farmland to produce within 7 years 7 million tonnes of rice in Mali, Senegal and maybe Sudan and Uganda.
The $1bn project, dubbed 7X7, aims at developing 700,000 ha of farmland to produce within 7 years 7 million tonnes of rice in Mali, Senegal and maybe Sudan and Uganda.
I wonder how many other behind-the-scenes transactions are currently underway in the continent that will only be announced when the deals have been signed and perhaps money has exchanged hands.
In the case of Uganda, Egypt has shown interest in acquiring 200 hectares for wheat production.
The Sekem Group, Egypt’s foremost producer and exporter of organic food to Europe and the US, is not a typical Egyptian enterprise.
Uganda's minister of agriculture literally pleaded with the agribusiness delegates at a forum in Capetown to take advantage of Uganda’s extremely advantageous deals for private investors in the agricultural sector.
Au delà de sa boulimie pour les matières premières du sous-sol africain, la Chine a aussi commencé à s’intéresser à l’agriculture africaine.
The Egyptian government has been allocated up to 2 million acres of land in Uganda to grow wheat and corn for its domestic market
CNN's John Defterios takes a look at how Middle Eastern countries are scouring the globe for farmland.
The Egyptian Ministry of Agriculture and Land Reclamation is planning to set up model farms in Uganda. So far, one site of 200 hectares suitable for wheat growing has already been identified at Labora, Koro sub-county in Gulu district.
The fact that President Jakaya Kikwete accepted an invitation to Saudi Arabia recently to discuss the possibility of farmland allocation is important, as it means that Tanzania is attentive to the proposal.
A number of African countries are inviting South African farmers to come over to their countries and ply their trade, and Libya is included.
Foreign investors should not be allocated huge chunks of land especially that which measures in square kilometres because such land should principally be owned by Ugandans, President Museveni has directed.