Africa Emerging Markets Finance International

Africa’s BRICS currency dilemma: feasible alternative or definite non-starter?

Discussions among the BRICS member countries continue over the formation of a united currency that would facilitate trade between BRICS nations and decrease reliance on the ‘greenback’, though whether this ambitious plan succeeds is far from certain, many analysts say. In May, BRICS member countries India and Nigeria announced they had officially signed an agreement […]