Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Pope Leo XIV: Peacemakers do not flee, but dare to stay even if it costs them some sacrifice.
The Pope to the Lebanese: You are a diverse country and a community made up of communities united by one language, the language of hope, which has allowed you to start anew.
Pope Leo XIV to the Lebanese: You are a people who do not give up, but a people who persevere in the face of difficulties and know how to be reborn.
Al Mayadeen's correspondent in South Lebanon: Israeli occupation targets bulldozer working to remove rubble of destroyed home in Shebaa.
IRGC sources tell Al Mayadeen that reports of Iranian missile strikes on northern Iraq are false, calling them rumors spread by enemy-linked media.
Trump: Venezuela airspace should be considered 'closed in its entirety'
AFP: Ukraine behind attack on Russian 'shadow fleet' tankers in Black Sea
Sheikh Qassem: We, our allies, the honorable in our nation, our people, and our army will never accept being subservient to the US or 'Israel'
Sheikh Qassem: They must despair, for whatever they do, this people cannot be defeated or broken, and we shall neither fall nor yield
Sheikh Qassem: Threats neither advance nor delay matters, yet the possibility of war or its absence exists because 'Israel' and the US are weighing their options

Brazil's Lula seeks to boost presence in African continent

  • By Al Mayadeen English
  • Source: Agencies
  • 27 Aug 2023 15:35
  • 1 Shares
4 Min Read

At the closing event of a Brazil-Angola Chamber of Commerce business forum, Lula vows that his country will make major investments in Africa.

  • x
  • Lula
    Brazilian President Luiz Inacio Lula da Silva and Angolan President Joao Lourenco shaking hands during the official arrival ceremony at the Presidential Palace of Angola in Luanda (AFP)

Brazilian President Luiz Inacio Lula da Silva expressed on Saturday Brazil's desire to open a consulate general in Angola's capital city, Luanda, Agencia Brasil reported.

Lula highlighted that Angola is home to the largest Brazilian community on the African continent.

"That's why I instructed Foreign Minister Mauro Vieira to study the opening of a general consulate in Luanda, which would be the first in a Portuguese-speaking country in Africa," he added during the inauguration of the Ovídio de Melo Gallery at the Guimaraes Rosa Institute in Angola, as part of his African tour.

Before heading to Sao Tome and Príncipe for the Summit of Portuguese-Speaking Countries (CPLP), the Brazilian leader said, "In relations between Brazil and Angola, we need to dream big and dream very far." 

At the closing event of a Brazil-Angola Chamber of Commerce business forum, Lula vowed that his country would make major investments in Africa.

"Now we're going back to Africa to tell Brazilian and Angolan businesspeople that we're back for real. We're going to start financing African countries again, for Angola, which is a good payer of the things Brazil has invested here," he affirmed.

"Brazil's return to the African continent shouldn't be a return, because we should never have left the African continent. Brazil has no idea how many things we can do. I think Africa offers Brazil the opportunities that Brazil sometimes looks for elsewhere," the Brazilian President was quoted as saying.

On Friday, Lula addressed the Angolan National Assembly and announced a partnership to help develop the agriculture sector in Angola.

On his part, Angolan President Joao Lourenco invited Brazilian businesspeople "to invest in Angola fearlessly."

"We are particularly interested in seeing Brazilian investors invest in agribusiness, the tanning industry [leather], the automobile industry, the manufacture of tractor implements, fertilizers, the production of solar panels, the pharmaceutical industry for the production of medicines and vaccines, the wood processing industries, tourism, real estate and all other branches that are in their own interest," Lourenco stressed.

On Thursday, Lourenco welcomed Lula at the presidential Palace in Luanda, where he expressed hope for future cooperation with Brazil.

"Given that Angola and Brazil temporarily hold the presidency of their respective regional organizations, I think it would be very important to prepare a high-level meeting between the two regional blocs to harmonize strong economic cooperation within the framework of our developments," the Angolan President indicated.

Following a joint decoration ceremony, Lula and Lourenco signed seven memoranda of understanding (MOU) in the tourism, health, and agriculture fields, among others.

It is noteworthy that at the 15th BRICS summit in Johannesburg, South Africa, Lula pointed out that trade exchange between Brazil and Africa does not exceed 3.5%, which is a very low figure, adding that Brazil seeks to strengthen exchange and increase investment in the African continent.

He also highlighted that 60% of Africa's land is cultivable and is capable of securing global food security.

"There’s a lot of room for growth. Beyond a past that unites us, we [Brazil and Africa] also share a common vision for the future," he said.

"In my first two mandates, the African continent had been a priority. I went 12 times to Africa to 21 countries. Brazil is back on the continent it should never have left. Africa gathers many opportunities and a huge potential for growth," the Brazilian President added.

Brazil's commerce with Africa increased by 33.7% in 2022, totaling over 21.5 billion dollars, compared to 15.9 billion dollars in 2021.

Read more: Brazil to restore trade, political ties with Cuba, says Lula aide

  • Brazil elections
  • Brazilian President
  • Lula
  • Angola
  • Brazil
  • Luiz Inácio Lula da Silva

Most Read

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Russia and China are not part of the Resistance Front, but they are playing an important role in building structures to bypass US power and thus facilitate a multipolar and freer world. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

The Resistance Front and BRICS

  • Opinion
  • 29 Nov 2025
Four killed, ten wounded in targeted California shooting in Stockton

Four killed, 10 wounded in 'targeted' California shooting

  • US & Canada
  • 30 Nov 2025
Point-blank killings: 'Israel' executes 2 Palestinian youths in Jenin

Graphic footage: IOF execute 2 Palestinians from point blank in Jenin

  • Politics
  • 27 Nov 2025

Coverage

All
In Five

Read Next

All
Yemen protests
West Asia

Yemenis mark Independence Day, renew support for Palestine, Lebanon

Netanyahu speaks during a meeting with U.S. Vice President JD Vance, at the Prime Minister's Office in occupied al-Quds, on Wednesday, Oct. 22, 2025. (AP)
Politics

Pardon for power: Netanyahu to retreat on reform if given immunity

Iranian Foreign Minister Abbas Araghchi, right, and his Turkish counterpart Hakan Fidan arrive for a joint news briefing after their meeting, in Tehran, Iran, Sunday, Nov. 30, 2025. (AP)
Politics

Iran, Turkiye share strategic interests despite differences: Araghchi

In this file photo dated Wednesday, March 21, 2018, a youth holds a flag with the image of Abdullah Ocalan, the jailed leader of the Kurdistan Workers' Party, or PKK, in Istanbul, Turkey (AP)
Politics

PKK calls on Turkey to release Ocalan to advance peace process

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS