Egypt signs deal to allow farmland access in Sudan
- Reuters
- 06 September 2010
Egypt's government signed a deal to allow Egyptian companies access to 400,000 hectares of farm land in Sudan, the first deal of its kind between the two countries
Egypt's government signed a deal to allow Egyptian companies access to 400,000 hectares of farm land in Sudan, the first deal of its kind between the two countries
As global wheat prices rise, Africans are feeling the pinch when buying something as simple as bread. Mozambique bread riots could be a warning sign for African nations who have leased fertile agricultural land to foreign countries.
A conference organised by the East Africa Legislative Assembly and the Friedrich-Ebert Foundation has chided East African governments for leasing land to foreigners without the explicit consent of existing users
Taking a leaf out of the book of progressive farmers of the state who have made it big in South and Central American countries, the Punjab government is now exploring taking up land on lease in Brazil, Argentina and Mexico to grow foodgrain and export it for domestic consumption.
What India can learn from China is not its alarming passion for buying farmland in poor countries but its awareness of the value of agricultural land to meet the food needs of its citizens.
In an era when many countries are starting to worry about food security, foreign agribusiness might buy into the rural water market here in Australia and use permanent water holdings to dictate how our farmland should be used.
Warren Buffett's tie-up with sugar magnate Rubens Ometto Silveira Mello over alleged plans for a farmland buying spree in Brazil may avoid the US tycoon falling foul of a drive to keep out foreign investors.
Review of options for companies like Chongqing Cereals Group
Hassad Food knows how to shop. The $1b subsidiary of Qatar’s sovereign wealth fund finalised a $500m agreement last year to grow wheat & rice on 100,000 ha in Sudan and has announced plans to invest $700m worldwide this year.
Algeria's government is considering applications from firms in Europe, the Gulf and Canada to launch the country's first commercial maize production, the head of the Algerian farmers' union said.
Standard Bank Plc has affirmed its commitment to finance agriculture in Africa over a long term because Africa has vast stretch of arable lands. Additionally, the bank intends to improve food security and eliminate hunger in the world.
Company "currently assessing the quality of the land."