ABSTRACT
South Africa considers its participation in the Brazil, Russia, India, China and South Africa (BRICS) as an opportunity to raise its role as a regional leader of Africa. The BRICS countries are redrawing the economic landscape of the African continent. In 2010, the BRICS's share in inward foreign direct investment (FDI) reached 14 percent, and FDI inflows to Africa reached 25 percent. The long-term goal of BRICS countries is to form African elites, oriented on South-South cooperation. BRICS members have a common interest in creating a just and democratic world order based on a collective approach to resolving international problems and the rule of international law. The BRICS programs provide aid to Africa in the form of implementing strategies for sustainable development, including food and energy security, new technologies and innovation policy, assisting in building infrastructure, pursuing a joint search for models of political systems and modernizing social structures.
