Brazil announced that it will drop or re-scheduling worth about $ 900 million of debt in Africa.
Among the 12 countries will benefit from this move countries rich in oil and gas Kalkongo Brazzaville, Tanzania and Zambia.
And this step is seen as an attempt to strengthen the economic ties between the seventh economic power in the world and the African continent.
Official statistics show that Brazil trade with Africa has increased five-fold the past decade.
The announcement came during a visit by Brazilian President Dilma Rousseff to Africa to attend the African Union summit in Ethiopia, is the third in three months
Among the 12 countries will benefit from this move countries rich in oil and gas Kalkongo Brazzaville, Tanzania and Zambia.
And this step is seen as an attempt to strengthen the economic ties between the seventh economic power in the world and the African continent.
Official statistics show that Brazil trade with Africa has increased five-fold the past decade.
The announcement came during a visit by Brazilian President Dilma Rousseff to Africa to attend the African Union summit in Ethiopia, is the third in three months
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