The recently completed annual BRICS (the collective name for Brazil, Russia, India, China and South Africa) summit generated three agreements which demonstrate the ongoing move towards self-reliance and strategic cooperation amongst emerging and developing economies.

The Agreement on the New Development Bank and the Treaty for the Establishment of a BRICS Contingent Reserve Arrangement have

At the end of May in Mozambique’s capital city of Maputo, the International Monetary Fund (IMF) and government of Mozambique hosted a two-day conference involving leaders from a broad spectrum of government, non-governmental organizations, and the private sector, with attendees hailing from across the continent and globe.  The theme of the conference — “Africa Rising”