Tag: BRICS

Russia pushes for BRICS grain exchange to challenge western dominance in global market

April 16, 2024

Russia intends to establish a "grain exchange" with BRICS nations, aspiring to use this trade alliance of nine emerging countries to challenge Western dominance in ... Read More

De-dollarization in Africa: could BRICS currencies challenge greenback?

March 12, 2024

A recent report by Sputnik Africa claiming that the use of the Russian ruble for trade between Russia and Africa has more than doubled since ... Read More

Nigeria’s intention to join BRICS will not be influenced by West — FM

March 11, 2024

Nigeria will apply for membership of the BRICS in the next two years and it intends to join the group with or without pressure from ... Read More

US deepens ties with Angola, in bid to counter Chinese and Russian influence in Africa

January 30, 2024

As the US top diplomat wrapped up his visit to Cape Verde, Côte d’Ivoire, Nigeria and Angola (21-26 January), experts have hailed what they call ... Read More

China’s plans to boost renminbi use in Africa face serious headwinds — CEIP study

December 12, 2023

While China has announced plans to boost the use of the Chinese currency renminbi in Southern Africa, part of Beijing’s efforts to diminish use of ... Read More

Nigeria aims to join BRICS bloc in two years in bid to boost its global economic clout

November 25, 2023

Nigeria, Africa’s largest economy, is seeking the exclusive BRICS membership to enhance its global economic influence that would also allow it to loosen its ties ... Read More

CAF / COMEX: Unanimous decision leads Morocco to win AFCON 2025 bid

September 27, 2023

This Wednsday September 27, the verdict is in! The executive committee of the Confederation of African Football (CAF) voted unanimously for Morocco. The Kingdom will ... Read More

Sahara: BRICS’ backing to Morocco’s position deals fatal blow to Algeria – Spanish Magazine

August 29, 2023

The BRICS leaders, who met in Johannesburg, provided a significant boost to Morocco's stance on the Sahara issue by supporting it and affirming their dedication ... Read More

China proposes three-area focused plan for Africa as part of Belt and Road Initiative

August 28, 2023

China has added three new areas for investment to its Belt and Road Initiative (BRI) focusing on the African continent where it has spent billions ... Read More

BRICS back UN-mediated mutually acceptable solution to Sahara issue

August 25, 2023

BRICS group said it backs an enduring and mutually acceptable political solution to the Sahara issue in line with UN Security Council resolutions. This came ... Read More