Countries like China, India and Brazil have a massive emerging middle class ready to explore South Africa and the continent. BRICS is the acronym for an emerging-market bloc that groups Brazil, Russia, India, China, and South Africa. She stated that BRICS is growing and have the potential to increase trade with African countries. “The BRICS countries constitute the largest trading partners of Africa and the most significant new investors. This year, the BRICS countries overtook the G7 countries as the most significant combined economy.


Source:   Daily News Egypt
May 10, 2023 03:29 UTC