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379291

Evolving Partnerships: Assessing BRICS’ Strategic Role in Africa’s Socio Economic Development

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Last updated: 26 Dec 2024

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Abstract

This paper explores the intricate dynamics of BRICS nations' investment strategies in Africa, focusing on their socio-economic and geopolitical impacts. Through a comprehensive analysis of economic data, policy documents, and case studies, the research illustrates how these investments have reshaped Africa's economic landscape. BRICS investments have spurred significant infrastructural development and technological advancements in various African countries. However, these investments also present challenges, such as increased economic dependency and complex socio-political issues. The study employs theoretical frameworks like dependency theory, modernization theory, and world-systems theory to provide a deeper insight into these interactions. The findings suggest that while BRICS investments offer substantial development opportunities, they also require careful management to mitigate the risks associated with economic dependency and geopolitical tensions. This paper contributes to a nuanced understanding of global cooperation and its implications for regional and global economic governance, highlighting the dual nature of opportunities and challenges posed by BRICS investments in Africa.

DOI

10.21608/sjrbs.2024.308196.1738

Keywords

BRICS, Africa, investments, socio-economic impact

Authors

First Name

ياسمين

Last Name

الجزار

MiddleName

-

Affiliation

Canadian International Collage

Email

yasmin-elgazzar@hotmail.com

City

القاهرة

Orcid

-

First Name

يوسف

Last Name

سنوسي

MiddleName

-

Affiliation

Sadat Academy,

Email

youssef_senousy@hotmail.com

City

القاهرة

Orcid

-

Volume

38

Article Issue

3

Related Issue

50245

Issue Date

2024-09-01

Receive Date

2024-07-29

Publish Date

2024-09-01

Page Start

1,637

Page End

1,702

Print ISSN

1110-2373

Online ISSN

2682-4876

Link

https://sjrbs.journals.ekb.eg/article_379291.html

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https://sjrbs.journals.ekb.eg/service?article_code=379291

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379,291

Type

المقالة الأصلية

Type Code

1,324

Publication Type

Journal

Publication Title

المجلة العلمية للبحوث والدراسات التجارية

Publication Link

https://sjrbs.journals.ekb.eg/

MainTitle

Evolving Partnerships: Assessing BRICS’ Strategic Role in Africa’s Socio Economic Development

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Article

Created At

26 Dec 2024