BRAZIL/AFRICA: Economic ties may see steady growth

Friday, July 30 2010

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Relevant Country Data: Brazil

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SUBJECT: The results of Brazil's recent focus on Africa as a foreign policy priority.

SIGNIFICANCE: President Luis Inacio Lula da Silva has made eleven tours to Africa during his presidency, visiting 26 countries. Although few concrete gains have been achieved -- Brazil's exports to Africa have only risen from 2.4% of the total in 2000 to just over 5.0% in 2009 -- numerous companies now have operations in Africa for the first time and the seeds for steady growth have been sown.

Word Count (approx): 1268

Headings

  • Corporate investments
  • Oil
  • Mining
  • Construction
  • Road transport
  • Agribusiness
  • Trade
  • Rivalry with China

Primary Keywords: LA/C, Africa, Brazil, Guinea, Mozambique, economy, industry, international relations, agriculture, construction, foreign investment, foreign policy, foreign trade, infrastructure, metals, mining, natural resources, oil, technology, transport

Secondary Keywords: Algeria, Angola, China, Egypt, Gabon, Libya, Namibia, Nigeria, South Africa, Tanzania, Zambia

What is this article?

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