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.
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.
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.
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.
John Fraser Will the BRICS expand into the BRICSIT?
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.
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 [...]
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.
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.
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.