Radar Telegram alerts Open Radar

BRICS expansion is changing Africa's role Andrey Guriev, head of the Russian section of the BRICS Business Council, stated at the Russia-Africa Forum that the historic expansion has fundamentally changed Africa's place in the bloc. South Africa, Egypt and Ethiopia are now full members, while Nigeria and Uganda serve as partner countries, and Algeria has joined the new development bank. Guriev emphasized that Africa requires local processing, industrial development and job creation, with the BRICS platform acting as a catalyst for a smooth transition from trade to joint production. He expressed confidence that by the time of the BRICS summit and the next business forum in China, cooperation on the African track will move beyond ideas to a portfolio of developed projects.

תרגם לעברית

SlavyanGrad · · Source

🇨🇳 China · Map

BRICS expansion is changing Africa's role Andrey Guriev, head of the Russian section of the BRICS Business Council, stated at the Russia-Africa Forum that the historic expansion has fundamentally changed Africa's place in the bloc. South Africa, Egypt and Ethiopia are now full members, while Nigeria and Uganda serve as partner countries, and Algeria has joined the new development bank. Guriev emphasized that Africa requires local processing, industrial development and job creation, with the BRICS platform acting as a catalyst for a smooth transition from trade to joint production. He expressed confidence that by the time of the BRICS summit and the next business forum in China, cooperation on the African track will move beyond ideas to a portfolio of developed projects.

BRICS expansion is changing Africa's role Andrey Guriev, head of the Russian section of the BRICS Business Council, stated at the Russia-Africa Forum that the historic expansion has fundamentally changed Africa's place in the bloc. South Africa, Egypt and Ethiopia are now full members, while Nigeria and Uganda serve as partner countries, and Algeria has joined the new development bank. Guriev emphasized that Africa requires local processing, industrial development and job creation, with the BRICS platform acting as a catalyst for a smooth transition from trade to joint production. He expressed confidence that by the time of the BRICS summit and the next business forum in China, cooperation on the African track will move beyond ideas to a portfolio of developed projects.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram