Relationship opportunities with Africa

The President of the Brazil Africa Institute (IBRAF), João Bosco Monte, and the Vice President of the Private Sector at CAF—development bank of Latin America—, Jorge Arbache, met in Lima in order to explore investment opportunities and build stronger ties between Latin America and Africa for the benefit of their people.

The meeting addressed similarities between the two organizations in their goals of promoting sustainable development and regional integration, and explored some topics of interest to forge closer links between the two continents.

“We have a long way to go to strengthen our bonds with Africa and having strategic partners such as the IBRAF allows us to move forward in identifying opportunities for investment and cooperation between the public and private sectors,” said Jorge Arbache.

In addition, João Bosco Monte discussed how the relationship with CAF has become stronger. “Since the agreement signed between the parties in 2016, we have made a joint effort to build stronger ties between Latin America and Africa.”