Land Deal Brief: Malibya in Mali
May 24, 2011
The Malibya project established by the Libyan Africa Investment Portfolio secures 100,000 hectares of fertile land for Libya within the borders of Mali. The land, located in the Office du Niger, comes free of charge for 50 years. Libya intends to build the necessary agro-industrial infrastructure (e.g. canals and roads) in order to cultivate rice and cattle in the region.