Africa – BRICS common ground

... increased from $9.2 billion in 2005 to $20.4 billion in 2010 [30] , while its trade with Africa in 2011 totalled $30 billion. And although South Africa accounts for just 2.5 per cent of the BRICS’ overall GDP, it is responsible for 11 per cent of BRICS’ trade with Africa [31] . South Africa finances regional organisations, above all, the African Union and the Southern African Development Community (SADC), and provides humanitarian assistance to the least developed countries in the region (South Sudan, Guinea, Rwanda). Five major ...