Agricultural powerhouse Brazil aims to revive ties with Africa after a lull and sees a vast export market for food and manufactured goods in a continent whose population is surging, its foreign minister said.
Concerns have been expressed about the possibility of the current Ebola outbreak spreading globally after an infected airline passenger introduced the deadly virus to Nigeria. All outbreaks since 1976, when Ebola was first identified, have been confined to rural and forested areas in Africa, with the previous highest death toll being 280.
Africa’s fifty four countries joined South America “in recognizing the legitimate sovereignty rights of Argentina over the Malvinas, South Georgia and South Sandwich Islands and the adjoining maritime spaces”, announced the Argentine Ministry of Foreign Affairs in a communiqué in reference to the so called Declaration of Malabo, capital of Equatorial Guinea.
Brazil's top investment bank Banco BTG Pactual announced a tie-up with Roger Agnelli, former head of mining giant Vale, to invest up to 520 million dollars in Latin America and Africa.
Brazil pledged major investment and technology transfer to Africa to repay a solidarity debt from a country with a huge black population to the poorest but resource-rich continent.
Hedge funds are behind land grabs in Africa to boost their profits in the food and bio-fuel sectors, a US think-tank says. In a report, the Oakland Institute said hedge funds and other foreign firms had acquired large swathes of African land, often without proper contracts. It said the acquisitions had displaced millions of small farmers.
United States, China and the European Union announced they would recognize south Sudan as the world’s newest nation. President Barack Obama went further and rewarded north Sudan for its cooperation by taking it off a terrorism blacklist.
China has defended its economic and trade relations with African nations. In the first policy paper on the subject, Beijing said China-Africa co-operation helped Africa to reach the UN Millennium Development Goals, and boosted common prosperity and progress.
Brazil launches Monday its international Public Broadcasting Service with the initial purpose of penetrating the African continent, more precisely the former Lusitanian Empire where Portuguese is spoken.
Brazilian president Lula da Silva thanked the United Nations for the two prizes awarded for his leadership in fighting hunger and poverty with a strong speech condemning rich countries, global speculation and “capitalist myopia”.