Africa Monitor

Africa Monitor Intelligence

Angola: Lourenço in Approach to BRICS Bank

 The state of the global financial sector, especially development banking, was the focus of the discussions between PR JOÃO LOURENÇO (JL) and his Brazilian counterpart LUIZ INÁCIO LULA DA SILVA (LLS), during his visit to Luanda at the end of AUG. The topic has been central to the presidency of LLS, an insistent critic of the World Bank, whose reform he advocates, along with the UN´s. This has become one of Brazil's priorities at a time when it is taking the lead in the G20. READ MORE