But what does this all mean for Africa? Is this bloc of countries committed to Africa or simply driven by self-interest? For the purposes of this article I refer to the bloc known as BRICS but I am excluding South Africa. The reason for this is that South Africa was a late addition to the group and was brought in to complete the regional representativity of the group.

Formidable bloc in global affairs
Recent developments in south-south cooperation include increased trade volumes and foreign direct investments among BRICS countries. They also include movements towards regional integration, technology transfers, the sharing of expertise, and other forms of exchanges between developing and less developed economies.

This is particularly true for the economies of Brazil, Russia, India and China, which have increased their cooperation on global economic issues, global governance, geopolitics, development, aid, climate change, terrorism and a host of other issues.

Available: http://thejakartaglobe.beritasatu.com/opinion/commentary-south-south-cooperation-myth-comes-brics-africa/