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Brazil’s soaring investment in Angola: returning to 2012 levels amid infrastructure and cultural ties

Brazil's financial engagement in Angola has notably increased, with investments rising by 67% from 2020 to 2021, reaching US$1.24 billion.

This growth brings Brazil's investments back to levels previously observed in 2012.

Angola leads as Brazil's top African investment destination, surpassing South Africa, which received US$103 million in 2021, based on recent data from Brazil's Export and Investment Promotion Agency (Apex).

The primary focus of these investments is on infrastructure projects.

A prominent player, Odebrecht, is involved . . .

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