African trade with India and China flourished over the past decade but, with unemployment rising and industrialisation failing to take hold, cracks are appearing in Africa’s much-vaunted "Look East" doctrine. Meanwhile, from across the Atlantic, Brazil is making inroads into the continent.
A reduction in red tape and an improvement in political conditions means that sub-Saharan Africa is becoming a more attractive destination for foreign direct investment, especially from India.
Some Indians and Africans believe Africa is on the verge of becoming a world economic power, but changes are needed to ensure that the continent takes up its rightful place in the global economy. From India’s perspective, South Africa is vital to its engagement with the continent.
Cooperation between India and Brazil in pharmaceuticals and medical biotechnology has begun to falter, because Indian authorities would rather collaborate with western counterparts than those in developing countries, new research shows.
Africa's handling of the Libyan crisis at the United Nations has been timorous and confusing, but it presents an opportunity as well as a challenge for the continental body on how it defines its future strategic interests.
In the powerful verses of the song "Haiti", Brazilian musicians Caetano Veloso and Gilberto Gil described similarities between two countries at different ends of the development spectrum in Latin America, summed up by the words "Haiti is here".
The International Monetary Fund will probably continue to be headed by a European after the resignation of France's Dominique Strauss-Kahn, but the debate over his replacement indicates this degree of Eurocentrism is unlikely to prevail the next time a successor is sought.
Of the various cooperation programmes Indian Prime Minister Manmohan Singh announced in Addis Ababa on Tuesday, plans for an India-Africa Virtual University (IAVU) take pride of place.
When it comes to sports, India has always cheered for Brazil in soccer. Now come another three cheers, this time for South Africa in cricket. The reason: a South African named Gary Kirsten who coached India to win the Cricket World Cup this year, for the first time in 28 years.
Food shortages may be causing hunger in the developing world, but the large Latin American agricultural countries that belong to the Group of 20 (G20) see the situation as an opportunity to exploit.
The rage was proportional to the size of the crowd cornered between the jungle and the wall that will dam up the Madeira River in northwest Brazil. Over the space of three days, workers set fire to some 50 buses and other vehicles, work installations and even their own lodgings, which were built to house 16,000 people.
More than four years after the EU started negotiating a trade agreement with India, the process has been pushed to a stalemate by the EU’s stubborn insistence in maintaining the so-called data exclusivity clause, despite fierce opposition by Indian government negotiators and Indian and EU non- governmental organisations (NGOs).
They represent just seven percent of the workers building the Santo Antonio hydroelectric dam on the Madeira River, which cuts across the Amazon jungle in northwest Brazil. But the women workers total 1,200, and many of them have had to break down barriers to jobs seen as the preserve of men.
The glass isn’t exactly half-full, but it certainly is not entirely empty either. Within the broad failure of the weeklong Fourth U.N. Conference on the Least Developed Countries (LDC-IV) in Istanbul that concluded Friday, many delegates are taking heart in a strengthening South-South front that has emerged.
Building on historical relationships, Malawians have set their sights on strengthening trade and investment relations with India in sectors as diverse as agriculture, telecommunications and pharmaceuticals.
"In South-South cooperation we are all partners," Josephine Ojiambo, ambassador of Kenya to the U.N. and president of the U.N. General Assembly High-Level Committee on South-South Cooperation, told IPS. "SSC specifically shies away from the donor-client relationship."
Arturo Sánchez, 72 years old and nearly blind, dreams of bringing ecotourism to Cachuela Esperanza, a Bolivian town of 1,336 people on the Beni river, and hopes the construction of a huge hydroelectric dam will give a boost to his dreams.
It wasn't easy to get to the Bolivian city of Riberalta from Brazil. The adventurous journey included potholes on the Brazilian highway, a rickety boat that ferried us across the Mamoré - the border river - and an unnerving ride on a motorcycle taxi. But the biggest complication was the roadblocks.
The summit of the BRICS (Brazil, Russia, India, China and South Africa) countries showed up both the strengths and the limitations of the caucus of emerging economies, says former Indian foreign secretary Shyam Saran in an interview to IPS.
The first weeks of April have witnessed a maelstrom of multilateralism – from the chambers of the annual Spring Meetings of the World Bank and the International Monetary Fund (IMF) here to the round tables of the BRICS summit in the resort island of the Hainan province in China – leaving in its wake a tome of unanswered questions regarding the contours and configurations of the new world order.
Although Brazil's international development funds are still small compared to those of the industrialised world, the South American giant's foreign aid has grown considerably in the last eight years, and the country has gone from beneficiary of development assistance to donor.