Mining giant Vale is one of the many Brazilian firms eying Africa 's potential . It plans to spend more than $ 1 billion on investments in Africa over the next five years . Maputo , Mozambique ( CNN ) -- Analysts say Brazil is very keen to avoid being viewed as ` ` neo - liberal '' power . Trade between Brazil and Africa jumped from $ 4 billion in 2000 to $ 8 billion in 2007 .
Mining giant Vale is one of the many Brazilian firms eying Africa 's potential . It plans to spend more than $ 1 billion on investments in Africa over the next five years . Analysts say Brazil is very keen to avoid being viewed as ` ` neo - liberal '' power . Trade between Brazil and Africa jumped from $ 4 billion in 2000 to $ 8 billion in 2007 .