Brazil’s development bank heads for Africa

December 5, 2013

Adam Green – Financial Times, 12/05/2013

The BNDES, Brazil’s government-owned development bank, will open its first Africa office on Friday in South Africa’s commercial capital of Johannesburg. Only the third overseas office for the Banco Nacional de Desenvolvimento Econômico e Social after Montevideo and London, it signals the ever-growing ties between Latin America’s largest economy and the world’s fastest growing continent. Its goal is simple – to push Brazilian companies deeper into Africa.

“We feel we are latecomers. We should have been in Africa for some time but now we are ready,” says Sergio Foldes, managing director of the bank’s international division. “By being close to institutions and decision makers, by being able to cover the region better, we can take better decisions.”

The move caps a decade-long strengthening of commercial and diplomatic relations. From 2000 to 2012, trade between Brazil and Africa grew from $4.9bn to $26.5bn. Africa’s share of Brazil’s international trade has doubled from 3 per cent in the 1990s to about 6 per cent today. In the diplomatic sphere, Brazil now has 37 embassies in Africa, up from 17 in 2002. And the love is reciprocated, it seems. Since 2003, 17 African embassies have opened in Brasília, adding to the 16 already there, making the Brazilian capital home to the largest concentration of African embassies in the southern hemisphere.

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Brazil’s Vale approves 2014 investment budget of $14.8 billion

December 2, 2013

Reuters, 12/02/2013

Brazilian iron ore miner Vale SA said on Monday its board approved a 2014 investment budget of $14.8 billion, with 80 percent going to develop new iron ore project and logistics.

The company said in a statement it remained committed to developing its Mozambique coal project and its Salobo copper and gold project.

After reaching a peak of $18 billion in annual investment budgets in 2011, Vale said 2014 marked the third consecutive year of declining investments as it refocuses on its core business of iron ore mining.

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Brazil to produce measles/rubella vaccine for poor countries

October 28, 2013

Reuters, 10/28/2013

Brazil´s top biomedical research and development center announced plans on Monday to produce a combined measles and rubella vaccine for developing countries, mainly in Africa.

The first Brazilian vaccine developed specifically for export will be made by Bio-Manguinhos, a unit of the Oswaldo Cruz Foundation (Fiocruz), in partnership with the Bill & Melinda Gates Foundation.

Brazilian health minister Alexandre Padilha announced the vaccine plan at a medical science conference that the Gates Foundation organized in Rio de Janeiro.

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Brazil model for hunger eradication can help Egypt: FAO rep

October 7, 2013

Marwa Hussein – Ahram Online, 10/07/2013

The United Nations Food and Agriculture Organisation (FAO) launched a report last week showing that global food insecurity has decreased but remains high, with 842 million people in 2011–13 suffering from chronic hunger.

Steduto Pasquale, FAO representative in Egypt, assesses food insecurity in Egypt and various ways of mitigating against it.

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Africa in debt to Brazil: forgiveness isn’t always free

September 11, 2013

Fabiana Frayssinet – Inter Press Service, 09/10/2013

The Brazilian government projects the cancellation of nearly 900 million dollars in debt owed by a dozen African countries as a gesture of solidarity. But others simply see an aim to expand the economic and political influence of South America’s powerhouse.

The decision by the left-wing government of Dilma Rousseff, which is now being studied by Congress, will especially benefit the Republic of Congo, which owes 350 million dollars, Tanzania (237 million), and Zambia (113 million).

The other beneficiaries are Ivory Coast, Gabon, Guinea-Bissau, Mauritania, Democratic Republic of Congo, Republic of Guinea, São Tomé and Príncipe, Senegal and Sudan.

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Brazil Introduces school meal project in Africa

August 22, 2013

CBN Foz,  08/21/2013

The Food and Agriculture Organization of the United Nation (FAO) and the Brazilian government announced a partnership to introduce school meals to children in Africa based on family farming.

The $2 million dollar initiative, equivalent to $4.4 million Reais, consists of 17 projects under the South-South cooperation umbrella.

Local Economy

The announcement was made both in Brasilia and Rome, where the headquarters of FAO are located.

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Highlight of the week: Meeting about educational bridge between Brazil and Africa

August 8, 2013

Angola Press, 08/03/2013

The first technical meeting on the “strategic educational bridge between Brazil and Africa” as well as the second cycle of inspector training courses represents an important highlight of the “education and culture week” which ended on Saturday, August 3rd.

The Brazil-Africa conference, which took place in Luanda, was organized by the Ministry of Higher Education and was attended by professionals from Angola, Brazil, Sao Tome and Principe, Cape Verde and Mozambique.

During the opening ceremony, Adão de Nascimento, Minister of Higher Education, emphasized the importance of Brazil’s influence for the promotion and development of education in African countries given its vast experience in this area where it competes with other more developed nations.

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Kenya: Brazil’s cultural similarities enhance trade

August 5, 2013

Bernard Ayieko – All Africa, 08/05/2013

The Second Brazil in Eastern Africa Expo which was held in Nairobi from July 24 to July 25 underscored the need to build business relations between investors of the two regions.

The theme of the expo, ‘Bridging the Missing Link’, indicated that the existing trade links could be strengthened. What better way to do this than to hold a multi-sectoral expo showcasing the evolution of Brazilian technology in the areas of agricultural machinery and implements, industrial equipment, renewable energy, building and consumer goods.

More than 60 Brazilian companies and institutions exhibited during the three-day event.

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In Mozambique, Patriota discusses joint efforts for peace and stability in Africa

July 18, 2013

Renata Giraldi – Agencia Brasil, 07/17/2013

Antonio Patriota, Minister of Foreign Affairs, spoke with Oldemiro Baloi, Foreign Minister of Mozambique on July 17th about joint efforts that can be made to achieve peace and stability in Africa. The continent is currently undergoing crises in Egypt, Guinea-Bissau, Sudan, Mali and Congo. In a public statement, the Foreign Ministry of Brazil (Itamaraty) condemned the attacks on the military and the police force during a United Nations operation in Sudan four days ago.

The statement emphasized that “the Brazilian government condemns the attack against the military and the police force carried out during Operation Hybrid conducted by The African Union and the United Nation in Darfur (Unamid) on July 13, which resulted in seven dead Tanzanian soldiers and seventeen injured.”

Sudan has been under constant stress for over ten years due to clashes between rebel groups that consistently target government posts and security forces. The conflicts revolve around ethnic and religious issues, especially among Arab and Muslim tribes of the region.

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Africa: breaking the rules of development cooperation – China and Brazil in African agriculture

July 15, 2013

Carol Smythyes – All Africa, 07/15/2013

New research published by the Institute of Development Studies reveals the realities of how the BRICS and Africa are engaging in agricultural development cooperation.

The questions of how Africa can feed itself, and how the agricultural sector can be a more effective engine for growth and development, have long been a target of international development efforts from western donors. But the emergence of the BRICS (Brazil, Russia, India, China and South Africa) countries as major players has raised hopes that agricultural models and experiments from Brazil or China can be transferred or adapted to African countries.

In the first-ever study on this subject, research supported by the UK’s Economic and Social Research Council (ESRC) and convened by the Future Agricultures Consortium at the Institute of Development Studies reveals some of the realities that lie behind these agricultural ‘models’ and highlights how Brazil and China are engaging with Africa in very different ways.

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