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Globe Agricultural Development Fund (Under Establishment)

Globe Agricultural Development Fund (Under Establishment)

Location : Sudan

Sector : Agricultural Production Sector

Sub-Sector : Crop and Vegetables Production

Establishment:

Under Establishment

Objectives and Production:

The Fund aims to utilize an area of 42,000 hectare in rain fed crop production (Cotton, Sorghum, Sesame …etc) using Zero tillage technology over a three- year development phase. The fund will be utilizing part of the agricultural land of the Arab Sudanese Blue Nile Agricultural Company (ASBNACO) at Agadi, Blue Nile State. 

Capital and Shareholders:

Subscribed capital is USD 40 Million and shareholders are: