BRICS Business Forum sees Ramaphosa push for African infrastructure funding with Indian partners

In the BRICS Business Forum, President Ramaphosa highlighted the urgency of financing large‑scale African infrastructure projects. He pointed to the potential of Indian capital, particularly from conglomerates such as the Adani Group, to fill financing gaps in energy, transport, and logistics.

The president stressed that collaborative projects can boost intra‑African trade, create jobs, and align with the continent’s long‑term development agenda. He urged Indian investors to consider public‑private partnership models that leverage both South African expertise and Indian technological innovation.

Participants from the forum discussed mechanisms for risk mitigation, the role of multilateral development banks, and the importance of transparent governance to attract sustainable investment.