South Africa’s Ramaphosa talks foreign policy ahead of BRICS summit

By Laureen Fagan - 20 August 2023 at 11:08 pm
South Africa’s Ramaphosa talks foreign policy ahead of BRICS summit

BRICS nations make up a quarter of the global economy, and “they account for a fifth of global trade and are home to more than 40 percent of the world’s population,” Ramaphosa said. The New Development Bank established by BRICS in 2015 has funded roads, transport, energy, and other infrastructure projects in South Africa.

“To further advance the African development agenda, more than 30 Heads of State and Government from across Africa will be attending the summit,” Ramaphosa said. “We want to build a partnership between BRICS and Africa so that our continent can unlock opportunities for increased trade, investment and infrastructure development.”

“There are great opportunities for other BRICS countries to participate in the African Continental Free Trade Area (AfCFTA) by locating production and services in various countries on the African continent, including our own, by partnering with local companies and entrepreneurs,” he said.

Image: South African Presidency file

Laureen Fagan

Laureen Fagan

Laureen is the editor of Africa Times

Laureen is a freelance journalist creating high-quality, informed content on international affairs, politics and technology. She has worked both in and out of newsrooms since 2000. She is a former paramedic with significant experience in community resilience and nonprofit community development initiatives, and maintains "a passion for action" on sustainability and climate change. She also is trained in conflict resolution and diversity, and has special interests in science and medical reporting, and culture and religion issues. Laureen received her MSJ from Northwestern University's Medill School of Journalism in the United States, and completed additional graduate study in theology at University of Notre Dame. Follow Laureen on Mastodon at

Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.