FAO Regional Office for Near East and North Africa

Partners


The Arab Authority for Agricultural Investment and Development (AAAID) Contributes
to the Capital of 56 Major Agricultural Companies Across 12 Arab Countries

The AAAID contributes to the capital of 56 company and project, 36 of which are existing companies, and 20 projects are under establishment and implementation. Through these projects, distributed across 12 of its member states, the AAAID aims to optimize investment returns for shareholders, diversify its sources of income and support agricultural development in Arab countries. It focuses on the production of crops and basic agricultural goods with a view to contribute to enhancing food security in the Arab world. Furthermore, the AAAID has established development programs to support small farmers and develop the local communities in which it operates. In its efforts to improve performance and productivity, AAAID is committed to implementing innovative ideas, AAAID provides professional consultancy services and feasibility studies for such projects, which further serve to strengthen agricultural investment opportunities in the Arab world. Its affiliated companies provide more than 110,000 employment opportunities. Established in 1976, the AAAID is composed of 21 Arab member states which contribute to its capital. As a professional institution, the AAAID exercises the highest levels of applying the principles of governance and transparency, as well as adopting the best management practices.

IN PARTNERSHIP SINCE: 23/11/2023

Resources: https://www.aaaid.org/en/

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

IN PARTNERSHIP SINCE: 23/11/2023

Resources: https://www.afdb.org/en