Revoking historical ties and cultural similarities, Lula’s discourse was frequently based in frames such as: “paying back the solidarity debt with the African continent, due to centuries of slavery relied on the sweat and blood of millions of Africans” and the necessity to stop focusing in developed powers, in order to “unite the voices of the global south” (Veja, 2012).
Since Lula came into power, in 2003, the number of Brazilian embassies in Africa has doubled, jumping from 18 to 37, while African embassies in Brasilia have increased from 16 to 34. Furthermore, Lula made in total 28 presidential visits to the African continent, covering 21 countries and reaching record levels (Alves, 2013).
Although most of the Brazilian cooperation goes to Central and South America due to peacekeeping operations, in technical cooperation the focus in the African continent is visible, accounting for 57% of the total (ABC, 2011):
Source: ABC, 2011
As reported by the latest official information in 2011, there were technical cooperation projects either in the design or implementation phases in 38 out of 54 African countries (ABC, 2011). Regarding the top beneficiaries of the Brazilian cooperation in Africa, Portuguese-speaking African countri...
... middle of paper ...
...urplus with most of the African countries, with the exception of Nigeria, explained by the heavy oil imports (Alves, 2013).
At the same time, investment funds seek to raise funds to enable increased Brazilian investment in Africa. In this sense, the Getulio Vargas Foundation (FGV Projects) aims to raise funds of approximately $ 1 billion for the development of agricultural projects. DWS Investments, manager owned by the German Deutsche Bank, coordinate the fund. Moreover, in June 2012, BTG Pactual, the largest investment bank in Brazil, also announced plans to raise $ 1 billion and create a ’world’ investment fund to Africa, for areas such as infrastructure, energy and agriculture.
It is clear that economic ties between Brazil and Africa were also strengthened by the several presidential visits to the continent, resulting in creating business opportunities.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- 1) When examining the foreign policy of South Africa and the means with which they seek their objectives, the simple answer can be found in Chapter 7 of the National Development Plan (NDP), "South Africa’s foreign policy must be shaped by the interplay between diplomatic, political, security, environmental, economic and regional co-operatives dynamics that define early 21st century international relations '." (http://www.fes-southafrica.org/fes/wp-content/uploads/2015/11/A-Foreign-Policy-Handbook-ebook.pdf).... [tags: Africa, African Union, South Africa, South America]
1987 words (5.7 pages)
- 1. The relationship between gods and humans in many African religions are very unique. Many African religions are henotheistic meaning that there is one supreme god or deity who is more removed from normal human life and then there are many lesser gods or deities who are much more heavily involved in day to day human affairs. Because of this religious structure, many individuals who practice African religions pray and offer sacrifice only to the lower deities since the their High God does not concern them self with the trivial matters of humans.... [tags: Religion, God, Africa, Yoruba people]
1166 words (3.3 pages)
- The investment of Chinese companies in Africa has advanced observably throughout the most recent five decades and in three different phases. At first, the connections were made between China and African countries as they picked autonomy. Later in year 1971, China was an official and permanent member of UN Security Council. The last stage blankets the post-Maosist period and is described by the liberalization and resulting development of the Chinese economy. Africa is rich in natural resources and since it is a developing nation, the countries encourage FDI.... [tags: investment, political relations]
1116 words (3.2 pages)
- Africa is a continent that suffers from many problems in many areas. The name of the continent has become synonymous with poverty, hunger and disease. These problems are connected with each other significantly. Many observers believe that the successive African crises are because of some reasons such as violence in most African countries, corruption that is rooted in the majority of African governments and stagflation which puts the continent in the mouth of hunger and unemployment(Stewart, 2004).... [tags: african studies]
1867 words (5.3 pages)
- ... Moldova is one of the poorest countries in Europe. I believe that Moldova’s economic performance is in relation to the fact that they are not a democratic country because, like I stated before, democracy leads to economic growth and since they do not have a democracy, it has lead to poor economic achievement. Ukraine is also under the form of Republic and is not a democracy. However, Ukraine is doing much better in economic rank than Moldova. The GDP for Ukraine is $337.4 billion and the per capita is $7, 400.... [tags: sociopolitical & economic analysis]
1026 words (2.9 pages)
- 1. Discuss the relationship between western industrialism and western imperialism. In the nineteenth century the industrial revolution had spread to the continent of Europe. The industrial revolution got under way, subsidizing investors, providing incentives to factory owners and improving transportation network. Also in the nineteenth century a new phase of western expansion into Asia and Africa began for imperialism. Originally the western imperialism started in Europe as well. Europe in the nineteenth century was becoming a major player in the trading network.... [tags: World War II, Soviet Union, World War I]
1136 words (3.2 pages)
- ... 1.4) the measures implemented by South Africa was that the government would look at recruiting a large numbers of skilled migrants. Du Plessis and Smit (2006) recognized the most of the positive economic growth to improvements in total factor productivity. The international trade between countries led to improvement in productivity. In 2000 the South Africa Reserve Bank (SARB) introduced inflation targeting as their primary policy goal to stabilise the internal value of the South African currency.... [tags: international economy and relations]
976 words (2.8 pages)
- Do economic markets and state governments share an adversarial or symbiotic relationship. Scholars of International Political Economics have been at odds over what role, if any, the state should have in the International Economy. Despite such disagreements, most scholars can concur that IPE is ultimately concerned with the ways in which states shape the systems through which economic interactions are expressed, and conversely the results that economic interactions (including the power of collective markets and individuals acting both within and outside them) have upon political structures and outcomes.... [tags: International Political Economy, Government]
2009 words (5.7 pages)
- The Relationship Between the Population and the Life Expectancy of a Country My course work will be based on the possible relationship between the population and life expectancy of a country. I will be working from the internet to gain my information as it is easy, efficient and its content is up to date and reliable. The main sites that I will gather my information from are www.worldbank.org and www.worldatlas.com Also I will gain some statistical evidence from a book called 'world in figures'.... [tags: Papers]
1025 words (2.9 pages)
- Brazil Introduction You probably heard of Brazil but, do you know much about it. Brazil is a beautiful place or country, in South America. It’s great for tourists’ sites; it has amazing land features, and especially cool culture and history. Brazil has a tremendous amount of nature and folktale. Brazil was found actually, over 8,000 years ago. The Portuguese were the first European settlers to arrive there. The journey was led by Pedro Cabral who began in the 1500s. When they finally got there they found Native Americans living there.... [tags: Brazil]
657 words (1.9 pages)