Sudan, UAE Sign MoU For Large Farm Project

Via Farmland Grab, a report on a MoU signed between Sudan and the UAE for a large farm project:

Sudan recently signed a memorandum of understanding (MoU) with the United Arab Emirates for a large agricultural project linked by a road to a new port to be built on the Red Sea, the Sudanese Finance Minister said on Wednesday.
The two sides were now working on the details of the project, Finance Minister Jibril Ibrahim told Reuters in an interview, without elaborating.
An economic crisis in Sudan has worsened since a military takeover upended a political transition following the overthrow of Omar al-Bashir in 2019.
As a result of the coup, billions of dollars in international financing for Sudan were frozen, and senior officials have been seeking funds from wealthy Gulf states.
Sudan is also experiencing a farming crisis linked to its financial plight.
The country has significant untapped agricultural potential, though some previous foreign investments have come up against local resistance and logistical problems.

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About This Blog And Its Author
Seeds Of A Revolution is committed to defining the disruptive geopolitics of the global Farms Race.  Due to the convergence of a growing world population, increased water scarcity, and a decrease in arable land & nutrient-rich soil, a spike of international investment interest in agricultural is inevitable and apt to bring a heretofore domestic industry into a truly global realm.  Whether this transition involves global land leases or acquisitions, the fundamental need for food & the protectionist feelings this need can give rise to is highly likely to cause such transactions to move quickly into the geopolitical realm.  It is this disruptive change, and the potential for a global farms race, that Seeds Of A Revolution tracks, analyzes, and forecasts.

Educated at Yale University (Bachelor of Arts - History) and Harvard (Master in Public Policy - International Development), Monty Simus has long held a keen interest in natural resource policy and the geopolitical implications of anticipated stresses in the areas of freshwater scarcity, biodiversity reserves & parks, and farm land.  Monty has lived, worked, and traveled in more than forty countries spanning Africa, China, western Europe, the Middle East, South America, and Southeast & Central Asia, and his personal interests comprise economic development, policy, investment, technology, natural resources, and the environment, with a particular focus on globalization’s impact upon these subject areas.  Monty writes about freshwater scarcity issues at and frontier investment markets at