BRICS in Africa, Consolidating the Gains of Partnerships Multi-Stakeholder Workshop
"Africa possesses enormous economic development potential. It has abundant natural resources, growing consumer power and favourable demographics. The BRICS are also becoming significant investors in Africa, especially in the manufacturing and service sectors. The partnership between India and Africa has significantly promoted the development of small and medium-scale enterprises on the continent. Brazil and Russia are involved in the mining and energy industry in Africa through public-private partnerships (PPPs)."