Category Archives: Africa

Brazil increases aid and loans to African countries

As Brazil shifts from aid recipient to aid provider, African countries are an obvious target, the NY Times reports.

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Filed under Africa, Brazil, Foreign aid, Uncategorized

Brazil Exports to Africa up 5% in first half of 2012

The Brazilian newspaper O Globo is noting that Brazilian exports to Africa are up 5% in the first half of 2012 to reach R$5.532 billion (about AUD$2.6 billion). Carlos Abijaodi, director of operations for the Brazilian National Confederation of Industry (CNI), is quoted as saying “We have important competitive advantages [in Africa], principally in the countries that speak Portuguese. Our government has gotten closer to the continent, created partnerships. Our climate and soils are very similar, our products are already tropicalized, and thus ideal for Africa.”

The numbers are not anything like as impressive as those seen in trade flows to China, Europe, South America or the US, but do point to some success from getting in at the ground level and engaging in patient market-opening work.

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Filed under Africa, Brazil, News brief, Trade