Brazilians are coming

Zambia Daily Mail Brazilians are coming Zambia Daily Mail “It does represent a turning point where a lot of these investors and these entities for investments are recognising that Africa is indeed the last frontier for growth,” says Lyal White,…

GIBS Information Centre / GIBSIC‘s insight:

Africa, Brazil – “Recently, Brazil’s top investment bank BTG Pactual unveiled plans to raise US$1 billion to create the world’s biggest investment fund for Africa, with Zambia staying under the radar, focusing on areas such as infrastructure, energy and agriculture.  The independent bank’s fund, which comes amid a government drive to establish a strategic partnership with Africa, is one of the latest moves signalling Brazil’s increasing interest to extend its economic footprint on the continent – trade between Brazil and Africa jumped from around US$4 billion in 2000 to about US$20 billion in 2010.”

See on www.daily-mail.co.zm

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