South Africa is highlighting digital technology as a way to strengthen trade and connect businesses across the expanding BRICS group.
Business leaders gathered in New Delhi ahead of the annual BRICS summit, with discussions focused on creating more connected and resilient trade networks.
Technology emerged as a key part of those plans.
For African businesses, the push could create new opportunities to connect with companies and markets across some of the world’s largest emerging economies.
South Africa backs technology for BRICS trade
Mtho Xulu, president of the South African Chamber of Commerce and Industry, said digital platforms could make it easier for businesses across BRICS countries to communicate and identify opportunities.
Speaking at the BRICS business forum, Xulu also acknowledged that differences in digital access remain a challenge.
However, he said those gaps could themselves create opportunities for investment in digital infrastructure.
Africanews reported that technology was a major focus of the forum, which began in New Delhi ahead of the leaders’ summit.
Africa’s role in BRICS expands
Africa is represented among the full BRICS members by South Africa and Egypt.
The group has expanded significantly since it was established by Brazil, Russia, India and China, with South Africa later joining.
Today, BRICS has 11 full members and 10 partner countries.
Together, its members account for around half of the world’s population and a significant share of global economic activity.
The expansion has increased the bloc’s importance for developing economies seeking stronger trade and investment links.
Digital platforms could connect African businesses
Greater digital integration could make it easier for African companies to reach businesses in other BRICS economies.
Digital trade platforms can help companies identify suppliers, buyers and investment opportunities across borders.
However, unequal internet access and infrastructure remain significant challenges in parts of Africa.
Investment in connectivity, digital payment systems and other infrastructure could therefore become increasingly important if BRICS countries seek deeper economic integration.
BRICS leaders focus on trade and economic cooperation
BRICS leaders are expected to discuss economic cooperation, technology, energy, food security and global supply chains during their summit in India.
Reforms to international institutions are also expected to feature prominently.
Members have increasingly promoted the use of national currencies in international trade and payments.
China and Russia have also advocated alternatives to Western-dominated financial institutions.
For Africa, however, the practical impact of BRICS cooperation may increasingly depend on whether initiatives translate into greater investment, trade and opportunities for businesses on the continent.