Banking on BRICS for Africa?
Alexander O’Riordan Last week Brazil, Russia, India, China and South Africa (BRICS) announced they are joining forces to establish a BRICS alternative to the World Bank. The BRICS bank will be capitalised to the tune of $50 billion or about the same size as the World Bank’s loan to Brazil. While the size […]
Road to Nowhere
Eleanor Whitehead The Trans-African Highway, a road network linking Africa’s major cities, is far from complete, 43 years on Driving from Cape Town to Cairo has long held a romantic allure for many adventurers. What about travelling from Dakar on Senegal’s Atlantic Ocean coast to Djibouti on the Gulf of Aden, or […]