UAE-based agtech to raise at least $100mln by year-end – report
- Zawya
- 24 September 2024
Pure Farms operates greenhouse-based farms in the UAE and Saudi Arabia and will use the fundraising for the construction of a new farm in Morocco
Pure Farms operates greenhouse-based farms in the UAE and Saudi Arabia and will use the fundraising for the construction of a new farm in Morocco
Offset8 and iRise’s Climate and Community Transformation Program intends to restore 6,000 hectares of degraded land in Malawi by planting 6 million trees.
The Agricost Farm in Romania, covering an incredible 57,000 hectares of land, was purchased from a Romanian businessman by UAE-based Al Dahra investment in 2018.
The United Arab Emirates-based Blue Forest plans to start planting 200 million mangrove trees in Mozambique in a concession twice the size of Singapore in November.
In recent years, Gulf economies have tackled their food dependencies not just by importing foodstuffs but through land enclosures, or the purchasing of agricultural land abroad, particularly in the Middle East, North and East Africa (but also as far as the United States and Australia)
À propos des terres agricoles accordées à des sociétés rwandaises, le Président de la République du Congo a déclaré que jamais il n’a été question de leur vendre des terres. "À chaque fois, il s’agit -ou il s’agira- de terres louées pour une période déterminée et pour une mission précise."
Les Emirats Arabes Unis vont soutenir l’Etat malgache dans la production de sucre. Le président Andry Rajoelina entend encourager les investisseurs émiratis à intervenir dans les secteurs clés de l’économie tels que l’agriculture résiliente.
New York-based hedge fund Water Asset Management LLC spent $100 million to buy farmland and water rights in Western Arizona, stirring concerns about a future “water grab” from that rural area and of corporate control over a major groundwater source.
Buyers from the UAE have expressed interest in investing in the local agriculture sector, taking advantage of favourable climate, vast tracts of fertile land and the availability of numerous water bodies.
The Gulf’s dispossession of African land for carbon offset projects is key to its efforts to delay, obfuscate and obstruct addressing climate change in meaningful ways.
With scarce arable land and water resources, the United Arab Emirates and Saudi Arabia are expanding their agricultural diplomacy to improve food access and vying for agricultural cooperation with Africa
L'Italie investira dans 36 mille hectares de terres agricoles, et le Qatar pour 117 mille hectares, dans le sud de l'Algérie. C'est ce qu'indique un communiqué de la présidence de la République.
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