UAE company Al Dhara announces that, under the patronage of H.E. Dr. William Ruto, President of the Republic of Kenya, it has signed an MoU to develop and manage up to 200,000 acres of irrigated farmland in the Galana-Kulalu Ranch
Le groupe émirati Al Dahra, spécialisé dans l’agriculture à grande échelle, est en discussions avec le gouvernement kényan pour louer près de 81 000 hectares de terres agricoles situées dans une zone d’irrigation.
The negotiations come amid a backdrop of growing scrutiny regarding land leasing practices in Africa. Critics argue that large-scale land acquisitions by foreign firms can lead to land dispossession and adverse environmental impacts. It remains to be seen how Al Dahra addresses these issues.
Al Dahra will probably invest about $800 million to farm 200,000 acres [81,000 ha] of land at an irrigation development located in the coastal region, according to Kenya’s principal secretary for irrigation, Ephantus Kimotho.
Al Dahra, qui exploite 27 000 hectares de terres agricoles dans les gouvernorats de la Nouvelle-Vallée et Ach-Charqiya, va booster sa production et ses exportations de produits agricoles egyptiens
The UAE company's investment will target land reclamation in Toshka, where it currently holds a 67,000-acre land bank and is negotiating the acquisition of an additional 80,000 acres.
UAE agribusiness giant Al Dahra, owned by Abu Dhabi's sovereign wealth fund, is looking for up to 100,000 hectares to produce food in Mato Grosso
Al Dahra busca áreas com no mínimo 10 mil hectares para seus projetos no Brasil, com potencial para expansão até 100 mil hectares
UAE-based agribusiness venture Al Dahra plans to expand its business in Egypt amid the African country’s bid to promote investments in different agricultural sectors.
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.
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)
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.
