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Transnet announced last year a $32.4 billion development plan for South Africa for seven years.
BRICS needs to move beyond mere affirmations about commitment to help Africa advance.
A high-level delegation from Rosatom attended the BRICS Business Council meet yesterday.
South African mining magnate Patrice Motsepe has been chosen as the first chairperson of the BRICS Business Council.
The World Bank has offered to share expertise with the new BRICS Bank.
The Indian prime minister has assured President Putin about the progress of the atomic power reactor Kudankulam plant.
South Africa emphasises on the need to achieve African integration to create large trading blocks across the continent.
BRICS are now in the driving seat, and the rest of the world is beating a path to their door in search of economic help.
"We can leverage the accumulated knowledge of other developing nations and use it to our advantage."
The theme of the Summit is 'BRICS and Africa – Partnership for Development, Integration and Industrialisation'.