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China’s Tops in South African Trade

John Fraser South Africa has experienced a significant shift in trade with a new emphasis on links with developing nations, at the expense of traditional partners in the developed world, according to a leading South African economist.

Brazilian Firms Bring Water and Power to Angolans

The Kwanza river in the heart of Angola will be a symbol of Brazilian partnership in African development when power stations along the country’s main source of water are fully operational.

Wine to China

South Africa and China are partners within a club of leading emerging markets, and it would seem natural that exports of South African wine to the Chinese market should be surging.

Chinese and Brazilian Firms Building the New Angola

Mario Osava “In Luanda there are no matches.” This was the first line of a report written by Nobel Literature laureate Gabriel García Márquez in the Angolan capital in 1977.

Building BRICS

John Fraser Will the BRICS expand into the BRICSIT?

China Keen to Reverse Negative Image in Africa

Chinese construction workers in front of new 90-million dollar five start hotel.  / Claire Ngozo/IPS

By Kristin Palitza CAPE TOWN, May 24 (IPS) – The reality of Indian and Chinese investment in Africa is much more complex than the good cop, bad cop image of Asia’s two emerging economic giants.

"Africa – a Place Where You Will Make Money, Not Lose Money"

Professor Thandika Mkandawire says Africa needs to mobilise its domestic resources.  / Kristin Palitza/IPS

By Kristin Palitza CAPE TOWN, May 22 (IPS) – Africa needs to reduce its dependency on foreign aid and get to the point of financing its own development, some of the continent’s key development experts say. Timing is optimal now that Africa is experiencing an economic boom with annual growth rates of up to eight [...]

Less Politics, More Economic Development

Miriam Gathigah interviews MICHAEL SUDARKASA, chief executive officer of the African Business Group. NAIROBI, May 15 (IPS) – Economic and social growth have become the heart of the development agenda of the bloc of leading emerging economies known as IBSA (India, Brazil and South Africa) since it began focusing less on politics.

Brazil Forging Strategic Alliance with Africa

By Fabíola Ortiz RIO DE JANEIRO, May 7 (IPS) – The Brazilian government of Dilma Rousseff is taking firm steps towards stronger relations with Africa, such as the creation of a special fund to finance development projects together with multilateral lenders like the World Bank.

Kenya "Becoming Economic Heartbeat of Africa"

About 60 percent of Kenya’s power is hydroelectric, however, the supply is unsteady.  / Isaiah Esipisu/IPS

By Isaiah Esipisu NAIROBI, Apr 25 (IPS) – When Kenya’s newly announced geothermal power generation project comes online, it will turn the East African country into an economic powerhouse in the region.

RSS IBSA in the News

  • SHYAM SARAN: Lacklustre Brics play to China’s score in Delhi pact
    BusinessDay Published: 2012/04/02 It is clear that China is emerging as the pre-eminent partner in the Brics grouping THE Delhi Declaration and Action Plan adopted at the fourth Brics summit in New Delhi last week would have quickly laid to rest any residual anxiety in western capitals that a serious rival focus of power and [...]
  • Australia invites more Indian investments, collaborations
    The Hindu, 31 January 2012, With Indian corporate sector having committed heavy investments in Australia in the mining, mineral and other sectors, bilateral trade is likely to touch Rs.2-lakh crore (Australian $40 billion) in the next three years from Rs.1.10-lakh crore (Australian $22 billion). In an effort to attract Indian investments further, the Australian Trade [...]
  • Indian tourists to SA rise by over 100% – minister
    City Press, South Africa, 31 January 2012, The number of Indian tourists travelling to South Africa increased by over 122% between 2005 and 2010, says Tourism Minister Marthinus van Schalkwyk. “South Africa is continuing to attract Indian tourists in great numbers, with 67 039 Indian tourists travelling to South Africa between January and September 2011, [...]

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