BRICS Countries (Brazil – Russia – India – China – South Africa) News

In front: South Africa's President Jacob Zuma (L) and AU Chair Nkosazana Dlamini-Zuma (R)

It's time South Africa tuned into Africa's views about its role on the continent

South Africa has variously styled itself as a “bridge” between the North, the global South and Africa as well as a “gateway” into the continent.

Africa - The great opportunity

Africa: The great opportunity

Africa is rapidly becoming the global economic growth engine. Half of the world’s 25 fastest-growing nations are in Africa and almost 40 per cent of the continent will achieve GDP growth of more than 5 per cent in 2016.

Seed funding for African tech startups is really taking off

Venture capital funding for African tech startups is really taking off - here's why

It is well established that VC investing globally is on the rise, but there is increasing evidence that more of this money is landing in Africa too, as the continent is now deemed a less risky place for investors to put their cash.

Corporate Entry into Africa - A New Chapter - Jones Lang LaSalle

Corporate Entry into Africa - A New Chapter: Jones Lang LaSalle (Report)

Africa has seen a surge of corporate interest and investment in recent years. Total FDI inflows into the region more than doubled since 2003 as international companies have sought to benefit from the sustained economic growth, rapid pace of urbanisation, emerging middle class and the myriad of other growth opportunities the African continent presents for international business.

Table Mountain, Cape Town, South Africa. (Reuters/Mike Hutchings)

South Africa's new visa rules are turning visitors away

South Africa’s tourism business index is at its lowest level since 2011, as visitor numbers decline due to the country’s new visa regulations.

South African President Jacob Zuma (L) and Russian President Vladimir Putin

South Africa and Russia sign agreements on nuclear power cooperation at BRICS meeting

South Africa and Russia signed two memoranda of understanding on nuclear power cooperation on Wednesday, part of efforts by Africa’s most advanced economy to lessen its reliance on coal and overcome power shortages that threaten economic growth.

The BRICS leaders: President Vladimir Putin (L), Prime Minister Narendra Modi (2L), President Dilma Rousseff, President Xi Jinping (2R), and President Jacob Zuma (R)

South Africa in the BRICS - A brave new world

Will the BRICS group and its New Development Bank (NDB), founded in 2014, challenge the West-led international order enforced by the financial institutions of the World Bank and the IMF?

Naspers’ global footprint

Africa's largest company Naspers adds Nigeria to 'BRIC'

Naspers Ltd. is rewriting the ‘BRIC’ acronym to include Nigeria and Turkey among the world’s best emerging markets as China and Russia lose some luster with Africa’s most valuable company.

President Vladimir Putin (L), Prime Minister Narendra Modi (2L), President Dilma Rousseff, President Xi Jinping (2R), and President Jacob Zuma (R) pose at the 6th BRICS summit in Fortaleza, Brazil on July 15, 2014 (AFP Photo/Nelson Almeida)

BRICS New Development Bank (NDB) to be operational by end of 2015, says South Africa's Ministry of Finance

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

The “next” BRICs: The MINTs (Mexico, Indonesia, Nigeria, and Turkey) and the PINEs (the Philippines, Indonesia, Nigeria, and Ethiopia)

Why are businesses shifting focus to emerging markets like the MINTs (Mexico, Indonesia, Nigeria, and Turkey) and PINEs (the Philippines, Indonesia, Nigeria, and Ethiopia)?

In 2013, McKinsey & Company predicted that by 2025 almost 230 Fortune Global 500 companies would be based in cities in the emerging markets.

Number of ultra-high-net-worth individuals in Africa to surge

Number of ultra-high-net-worth individuals in Africa to increase

The number of ultra-high net worth individuals – those with at least $30m in assets – in Africa will increase by a staggering 59% over the next 10 years, stronger than the 34% projected global growth.

Mansion in Cape Town, South Africa

High-net-worth individuals (HNWIs) from Africa set to double by 2025: Knight Frank's 2015 Wealth Report

African individuals with 30 million US dollars in assets is set to more than double over the next decade, this is according to The Wealth Report 2015.

Central Business District (CBD), Abuja, Nigeria

Nigeria beyond 2015: Insights on Africa's largest economy

Last year Nigeria became the largest economy on the continent, surpassing South Africa with a GDP valued at US$519bn.

Jim O'Neill, former Chairman of Goldman Sachs Asset Management

MINT country Nigeria has a lot of exciting investment opportunities: Jim O'Neill, former Chairman of Goldman Sachs Asset Management

In spite of seeming tensions in Nigeria, as its general election looms, renowned global investor and former Chairman of Goldman Sachs Asset Management, Dr. Jim O’Neill, has advised investors not to be distracted, insisting that Nigeria has a lot of exciting investment opportunities.

Vladimir Putin (Left) and Jacob Zuma, presidents of Russia and South Africa, respectively

Geopolitics Key to South Africa's $100 Billion Nuclear Plan

Politics may tip the balance as Russia’s Rosatom Corp. and France’s Areva SA (AREVA) prepare to battle it out for South Africa’s planned nuclear-energy project that could cost $100 billion.

The long case for the Global X Nigeria exchange-traded fund (ETF)

The long case for the Global X Nigeria exchange-traded fund (ETF)

Wall Street and the rest of the world has watched as oversupply has caused oil prices to plummet from well above $100 a barrel to below $70 a barrel in a matter of weeks. This has caused mass hysteria, leading to overselling of many otherwise sound assets.

Larry Seruma, Chief Investment Officer and Managing Principal, Nile Capital Management

Larry Seruma, Nile Fund's Managing Principal at the IMPACT 2014 Investor Conference in Denver, CO (Video)

In 2010, Nile Funds launched one of the first US mutual funds offering active management of Sub-Saharan African equities. Larry Seruma is the Chief Investment Officer and Managing Principal of Nile Capital Management, the advisor of the Nile Africa Funds.

Aliko Dangote

Aliko Dangote, Africa's richest man, partners with Blackstone and Carlyle for Africa investments

Blackstone Group LP (BX) and Carlyle Group LP (CG), the world’s two biggest private-equity firms, sought a partner in Africa to invest in the continent’s burdened energy infrastructure.

Africa's GDP

Lions go global: Deepening Africa's ties to the United States

The White House has invited some 50 African heads of state to Washington, DC, this week, presenting a historic opportunity to deepen US ties to the continent.

John Santora, President and CEO, Cushman & Wakefield

Top four emerging & frontier property markets are from Africa - Botswana, South Africa, Zambia & Ghana: Cushman & Wakefield (Report)

Cushman & Wakefield has evaluated the risks of acquiring office space in the most sought after emerging and frontier markets.

Brazilian President Dilma Rousseff welcomes Indian Prime Minister, Narendra Modi

The BRICS alliance makes no sense at all. So what?

The leaders of the BRICS countries—Brazil, Russia, India, China, and South Africa—are meeting for their sixth annual summit in Fortaleza, Brazil (in case you were wondering what Vladimir Putin was doing at the World Cup final).

The leaders of the BRICS countries - Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President Jacob Zuma met in Fortaleza, Brazil on 15 July 2014

BRICS nations to create $100bn development bank

The leaders of the five BRICS countries have signed a deal to create a new $100bn (£58.3bn) development bank and emergency reserve fund.

Beer Market

Heineken eyes booming African beer market

African drinkers are after “quality” over price when it comes to their beer, Heineken’s boss for the region told CNBC, as the drinks giant targets the rapidly increasing market for alcohol.

Jeremy Doutte, CEO, Jumia Nigeria
Jason Njoku

Top 10 Tech CEOs In Nigeria

Drawing from statistics of Nigeria’s rebased GDP figures, information and communication technologies (ICT) and its sub-sectors are key drivers of Nigeria’s impressive economic growth.