Black People : Brazil pledges investment fund for Africa

Discussion in 'Black People Open Forum' started by Keita Kenyatta, May 4, 2012.

  1. Keita Kenyatta

    Keita Kenyatta going above and beyond PREMIUM MEMBER

    Feb 7, 2004
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    Brazil pledged major investment and technology transfer to Africa to repay a "solidarity debt" from a country with a huge black population to the poorest but resource-rich continent.
    "Brazil must begin to repay the solidarity debt we have with Africa," former president Luiz Inacio Lula da Silva said on Thursday, in his first public address since he was diagnosed with larynx cancer in October.
    The world's sixth-largest economy "owes its current strength to the more than 300 years of slavery during which we exploited the sweat and blood of millions of Africans," he added.
    Lula gave major impetus to relations with Africa while he was in power from 2003 to 2010, making several trips to the continent and remin