Lula’s African Promises Fall Short as Brazil-Africa Trade Declines

(Analysis) President Luiz Inácio Lula da Silva’s recent African tour aimed to revitalize Brazil’s relations with the continent. Lula made grand promises of investments and renewed financing during visits to South Africa, Ethiopia, and Angola. His enthusiastic declarations received applause at an Angola business forum. However, the reality has not matched the rhetoric. Trade figures […]