News / Africa

BRICS Raises South Africa's Profile as Economic Gateway

A woman walks past the International Convention Center where the 5th BRICS Summit will be held, in Durban, South Africa, Mar. 25, 2013.
A woman walks past the International Convention Center where the 5th BRICS Summit will be held, in Durban, South Africa, Mar. 25, 2013.
Anita Powell
South Africa’s position as a gateway to Africa is a highlight of this year’s BRICS summit. Members of the BRICS bloc - Brazil, Russia, India, China and South Africa - top officials from the African Union and leaders of Africa’s regional economic communities are attending this week’s summit in Durban.

South Africa is the newest and financially weakest member of the BRICS bloc. But its membership, South African officials say, affords nations in the group a coveted gateway into Africa - and access to its economic resources, inexpensive labor and growing consumer base.
 
Population and GDP of BRICS Nations
Population and GDP of BRICS Nations

To that end, South African President Jacob Zuma said he had invited, in all, 15 African heads of state to the meeting. Among them are the new leaders of East African powerhouse Ethiopia and West Africa's economic and diplomatic hub Senegal - though both of those leaders will be representing regional organizations.

But do the BRICS nations need South Africa's introduction to the rest of Africa? Tom Wheeler of the South African Institute of International Affairs said maybe.

“In some ways yes and in many ways no," Wheeler  said. "I think that China doesn’t come to South Africa to get to Africa, nor does India. In some ways, the financial institutions here are useful to move into Africa but then again those countries probably don’t need it. There are probably other countries that will use this route more regularly.”

Wheeler notes, China-Africa trade hit $20 billion last year. President Xi Jinping made his first visit to the continent ahead of the summit, visiting the Republic of Congo and Tanzania.

But South African officials argue they are attempting to reach out to the rest of the continent through a proposed BRICS development bank, which may be able to extend loans that the major lending institutions will not. The bank’s focus will be infrastructure - a key issue in Africa, where many resource-rich nations are held back by their lack of basic structures.

Caroline Bracht of the University of Toronto-based BRICS Research Group, said the African attendees have good reason to develop friendly relations with BRICS.  

"Their growth has been variable over the last quarter or two quarters or so, [but] it is still much faster and much more rapid than the Western countries. ... So these countries, at the moment, by engaging with the BRICS, have access to some finances," Bracht said.

"The question is now, who is leading the agenda. And I'm hopeful of this situation in the sense that the Africa-BRICS dialogue will hopefully facilitate an African agenda, versus the BRICS bilateral, or pluri-lateral agenda," she added.

Whether South Africa's membership benefits the rest of Africa as touted will become more clear when the BRICS summit opens Tuesday.

You May Like

Australia-Cambodia Resettlement Agreement Raises Concerns

Agreement calls for Cambodia to accept refugees in return for $35 million in aid and reflects Australia’s harder line approach towards asylum seekers and refugees More

India Looks to Become Arms Supplier Instead of Buyer

US hopes India can become alternative to China for countries looking to buy weapons, but experts question growth potential of Indian arms industry More

Earth Day Concert, Rally Draws Thousands in Washington

President Obama also took up the issue Saturday in his weekly address, saying there 'no greater threat to our planet than climate change' More

This forum has been closed.
Comment Sorting
Comments
     
by: Kendrick Sooknarine from: Trinidad and Tobago
March 26, 2013 4:39 AM
No task should be evaded because it is difficult. This is a most worthy effort. There will be problems,but that is the nature of things. This has been long awaited.
The world today is about markets and these countries have the biggest markets of the world.
I hope that it will also mean a rise in global living conditions.

by: Shuman M from: Memphis, TN
March 25, 2013 3:41 PM
India is the poorest of them all...and here is how

country population GDP GDP - I
Russia 141,000,000 1,860,000,000,000 $13,191
Brazil 197,000,000 2,480,000,000,000 $12,589
South Africa 50,600,000 408,000,000,000 $8,063
China 1,340,000,000 7,300,000,000,000 $5,448
India 1,240,000,000 1,850,000,000,000 $1,492

by: Godwin from: Nigeria
March 25, 2013 1:27 PM
BRICS is a name for a group of countries that want to control their countries by themselves. In other words, BRICS stands for truly independent countries wanting to do their own things without outside interference, especially from the USA. But can they stand? Will longerthroatism allow the overtly corrupt heads of governments to keep their avarice in check? The desire to have foreign accounts for themselves and foreign properties and schools for their households constitute a snag the donor countries of the G8 group have used to peg corrupt officials to the funds that they ensure their countries do not work except they receive aid from USA. BRICS will break the stranglehold of the G8 and G20 on economies struggling to rise if they remove corruption. But how can they when they are already stringed in the slush funds and will be exposed for one crime or another if they dare try to regain control for their countries. Let's watch and see if they will survive. That's if China is going to sustain quality leadership of this group. Otherwise there seems no other country inside of the group that is able to stand the financial power of US diplomacy and administration of the slush fund. At the best, China may end up with a wider scope of trading partners, but the group does not have a chance given their attachment to US economic and socio-political policies.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Are Energy Needs Putting Thailand's Natural Beauty at Risk?i
X
Steve Sandford
April 17, 2015 12:50 AM
Thailand's appetite for more electricity has led to the construction of new dams along the Mekong River to the north and new coal plants near the country's famous beaches in the south. A proposed coal plant in a so-called "green zone" has touched off a debate. VOA's Steve Sandford reports.
Video

Video Are Energy Needs Putting Thailand's Natural Beauty at Risk?

Thailand's appetite for more electricity has led to the construction of new dams along the Mekong River to the north and new coal plants near the country's famous beaches in the south. A proposed coal plant in a so-called "green zone" has touched off a debate. VOA's Steve Sandford reports.
Video

Video Overwhelmed by Migrants, Italy Mulls Military Action to Stabilize Libya

Thousands more migrants have arrived on the southern shores of Italy from North Africa in the past two days. Authorities say they expect the total number of arrivals this year to far exceed previous levels, and the government has said military action in Libya might be necessary to stem the flow. VOA's Henry Ridgwell reports.
Video

Video Putin Accuses Kyiv of ‘Cutting Off’ Eastern Ukraine

Russian President Vladimir Putin, in his annual televised call-in program, again denied there were any Russian troops fighting in Ukraine. He also said the West was trying to ‘contain’ Russia with sanctions. Henry Ridgwell reports on reactions to the president’s four-hour TV appearance.
Video

Video Eye Contact Secures Dog's Place in Human Heart

Dogs serve in the military, work with police and assist the disabled, and have been by our side for thousands of years serving as companions and loyal friends. We love them. They love us in return. VOA’s Rosanne Skirble reports on a new study that looks at the bio-chemical bond that cements that human-canine connection.
Video

Video Ukrainian Volunteers Search for Bodies of Missing Soldiers

As the cease-fire becomes more fragile in eastern Ukraine, a team of volunteer body collectors travels to the small village of Savur Mohyla in the what pro-Russian separatists call the Donetsk Peoples Republic - to retrieve bodies of fallen Ukrainian servicemen from rebel-held territories. Adam Bailes traveled with the team and has this report.
Video

Video Xenophobic Violence Sweeps South Africa

South Africa, long a haven for African immigrants, has been experiencing the worst xenophobic violence in years, with at least five people killed and hundreds displaced in recent weeks. From Johannesburg, VOA’s Anita Powell brings us this report.
Video

Video Sierra Leone President Koroma Bemoans Ebola Impact on Economy

In an interview with VOA's Shaka Ssali on Wednesday, President Ernest Koroma said the outbreak undermined his government’s efforts to boost and restructure the economy after years of civil war.
Video

Video Protester Lands Gyrocopter on Capitol Lawn

A 61-year-old mailman from Florida landed a small aircraft on the Capitol lawn in Washington to bring attention to campaign finance reform and what he says is government corruption. Wednesday's incident was one in a string of security breaches on U.S. government property. Zlatica Hoke reports the gyrocopter landing violated a no-fly zone.
Video

Video Apollo 13, NASA's 'Successful Failure,' Remembered

The Apollo 13 mission in 1970 was supposed to be NASA's third manned trip to the moon, but it became much more. On the flight's 45th anniversary, astronauts and flight directors gathered at Chicago's Adler Planetarium to talk about how the aborted mission changed manned spaceflight and continues to influence space exploration today. VOA’s Kane Farabaugh reports.
Video

Video Badly Burned Ukrainian Boy Bravely Fights Back

A 9-year-old Ukrainian boy has returned to his native country after intensive treatment in the United States for life-threatening burns. Volodia Bubela, burned in a house fire almost a year ago, battled back at a Boston hospital, impressing doctors with his bravery. Faith Lapidus narrates this report from VOA's Tetiana Kharchenko.
Video

Video US Maternity Leave Benefits Much Less Than Many Countries

It was almost 20 years ago that representatives of 189 countries met at a UN conference in Beijing and adopted a plan of action to achieve gender equality around the world. Now, two decades later, the University of California Los Angeles World Policy Analysis Center has issued a report examining what the Beijing Platform for Action has achieved. From Los Angeles, Elizabeth Lee has more.
Video

Video Endangered Hawaiian Birds Get Second Chance

Of the world's nearly 9,900 bird species, 13 percent are threatened with extinction, according to BirdLife International. Among them are two Hawaiian honeycreepers - tiny birds that live in the forest canopy, and, as the name implies, survive on nectar from tropical flowers. Scientists at the San Diego Zoo report they have managed to hatch half a dozen of their chicks in captivity, raising hopes that the birds will flutter back from the brink of extinction. VOA’s George Putic reports.
Video

Video Exhibit Brings Renaissance Master Out of the Shadows

The National Gallery of Art in Washington has raised the curtain on one of the most intriguing painters of the High Renaissance. Mostly ignored after his death in the early 1500s, Italian master Piero di Cosimo is now claiming his place alongside the best-known artists of the period. VOA’s Ardita Dunellari reports.
Video

Video Sidemen to Famous Blues Artists Record Their Own CD

Legendary blues singer BB King was briefly hospitalized last week and the 87-year-old “King of the Blues” may not be touring much anymore. But some of the musicians who have played with him and other blues legends have now released their own CD in an attempt to pass the torch to younger fans... and put their own talents out front as well. VOA’s Greg Flakus has followed this project over the past year and filed this report from Houston.
Video

Video Iran-Saudi Rivalry Is Stoking Conflict in Yemen

Iran has proposed a peace plan to end the conflict in Yemen, but the idea has received little support from regional rivals like Saudi Arabia. They accuse Tehran of backing the Houthi rebels, who have forced Yemen’s president to flee to Riyadh, and have taken over swaths of Yemen. As Henry Ridgwell reports for VOA, analysts say the conflict is being fueled by the Sunni-Shia rivalry between the two regional powers.

VOA Blogs