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BRICS Bank: Africa must rise to the occasion






During the BRICS Summit held in Durban, South Africa, in March this year, BRICS leaders reached a consensus regarding the formation of the BRICS development bank. The bank is expected to “mobilise resources for infrastructure and sustainable development project in BRICS and other emerging economies, and development countries.”

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Job Creation in BRICS and Africa











By virtue of their combined size, BRICS nations represent 45 percent of the world’s workforce. But of this workforce a large number are unemployed or unemployable. For BRICS countries, as for Africa, the challenge is how to find ways to develop the skills of the workforce so that is more efficient and productive, to educate and train the unemployed so that they become employable, and – most importantly – to create meaningful jobs for them to fill.

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BRICS and South Africa











Being the economic hub of the continent, benefits to South Africa will have spill-over benefits for the rest of Africa. According to BRIC architect Jim O’Neill (who was originally sceptical about South Africa’s inclusion in the grouping), South Africa has an important role to play, both as a gateway to the continent and as a catalyst for African integration.

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WEF and BRICS Connection – Unlocking Opportunities for Trade and Investment











Since BRICS’ inception, enormous opportunities have arisen for trade and investment within and through its member countries. China is currently South Africa’s biggest single-nation export market and South Africa is China’s biggest trade partner in Africa. India-South Africa bilateral trade is expected to reach US$15-billion by 2015, up from $11-billion in 2011.

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Building Africa with BRICS











Representing the world’s fastest-growing emerging markets, the Brazil-Russia-India-China grouping added South Africa to its ranks in 2011. Together the BRICS countries account for 42% of the world’s population …

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Africa as an investment destination











The attractiveness of Africa as an investment destination has been positively impacted by a number of developments in the regulatory environment in African countries …

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Farming tool

The BRICS Corridor: Agriculture and Agro-Processing











The focus of BRICS nations on agriculture and food security has a long history and from the very first BRIC summit in 2009, these countries have made pronouncements on their plans to enhance the agricultural sector. Separate meetings have taken place between BRICS leaders and Ministers in the Agricultural and Agrarian Development portfolios over the years…

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invest in africa

KPMG talks investment into Africa ahead of BRICS Summit 2013











KPMG recently hosted a roundtable discussion, lead by its Global Chairman, Michael Andrew, ahead of the Fifth BRICS Summit taking place in Durban this week. This Summit is expected to include a substantial focus on Africa – looking at how the BRICS high growth markets are converging in Africa through investments and partnerships, aiming to leverage the continent’s vast natural resource and mineral reserves for their own continued development.

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