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Why the BRICS like Africa

There is little doubt that the BRICs -- Brazil, Russia, India and China -- have become big players in Africa. According to Standard Bank of South Africa, BRIC trade with the continent has snowballed from just $16 billion in 2000 to $157 billion last year.... ...full story at Countdown to Beijing

from Countdown to Beijing on Tue, Jun 30 2009

see also:

08 Jan 08 visit WEF Dalian 2007 part IX: The BRICS  »  YouTube videoIn part IX we look at the BRICS countries, Brazil, Russia, India and China, which nations are poised for rapid growth in the coming years? Visit www.biggerthinking.com for more discussions on this and other key business issues. In the 'Meet the new...
20 Feb 09 visit Chinese private enterprises pioneer in Africa  »  People's Daily In 2008, trade volume between China and Africa reached 106.8 billion USD, marking that the goal proposed by the Beijing Summit for the Forum on China-Africa Cooperation "to push China-Africa trade volume to 100 billion USD by 2010" was realized ahead of...
12 Feb 09 visit China-Africa trade up 45% in 2008 to $107 bln  »  People's Daily Trade between China and Africa reached a record 106.84 billion U.S. dollars in 2008, up 45.1 percent from a year earlier, customs figures showed Wednesday. Exports to Africa reached 50.84 billion U.S. dollars, up 36.3 percent. Imports from Africa...
18 Feb 09 visit Standard Bank: Chinese firms now embrace "best time" for investing in Africa  »  People's Daily "Now is the best time for Chinese firms to invest in Africa," Craig Bond, chief executive of South Africa Standard Bank China, told Xinhua here Tuesday. Bond said as some developed countries have withdrawn their investment in Africa following the...
12 Sep 09 visit Chinese banks to lend $1 billion to Standard Bank of South Africa  »  Danwei From The Financial Times: One of South Africa’s biggest financial institutions is borrowing $1bn from a group of Chinese banks, in a move which reflects the scarcity of credit in traditional capital markets and growing links between South Africa a...
03 Dec 09 visit Time to kick Russia out of the BRICs?  »  Countdown to Beijing An argument is being made that Goldman Sach's famous marketing device, the BRICs, should really be the BICs. Does Russia really deserve to be a BRIC?

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