Africa: the new frontier for Internacional Business

In the last 15 years, several countries on the African continent have experienced unprecedented growth. In 2015, Africa reached an average growth rate of 3.5% GDP. It is expected that the perspective of this average should reach 4% in 2016 and 5% in 2017. This progress will result in numerous advances in several countries: in order to overcome internal conflicts; national reconciliation; strengthen democratic institutions; and good governance, with the consequent adoption of responsible economic policies, aimed at rational exploitation of the immense resources of the continent — that contains 60% of the total yet uncultivated land areas on the Earth, immense precious ore reserves and abundant energetic resources. The election of Dr. Akinwumi Adesina as President of the African Development Bank in 2015, can be seen as corollary for this new panorama and at the same time, as an impelling factor for deepening this virtuoso cycle. Since the beginning of his administration, the (AfDB) he started to pursue the economic and social development of African people more directly through the strategy adopted by the institution for the next ten years, which considers five priorities (“High 5s”): Light up and power Africa, Feed Africa, Integrate Africa, Industrialize Africa, Improve quality of life for the people of Africa. In spite of this favorable panorama, few Brazilian companies have prospected business deals in Africa, compared to the actuation of enterprisers from other countries. The Forums held yearly by the Brazil-Africa Institute constitute unique opportunities for transforming this panorama. These events count on the participation of high level authorities from Brazil and the countries and African intergovernmental institutions and provide opportunities for new business ventures. The Brazil-Africa Institute reconfirms its pioneer spirit and insight and displays coherence in its mission, vision, and objectives by promoting its performance.

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