Africa-BRICS cooperation: implications for growth, employment and structural transformation in Africa

Abstract

Cooperation between Africa and the BRICS has gained new momentum and generated much interest in recent years. This is because these countries—Brazil, Russian Federation, India, China and South Africa—are playing an increasingly prominent role in global trade, investment, finance, and governance. Within this trend, Africa has deepened its engagement with these countries, not only in trade, investment and development finance, but also in diplomatic and cultural relations.