What an expanded BRICS means for Africa's economy | - newsallabc.com

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Monday, August 28, 2023

What an expanded BRICS means for Africa's economy |

The spotlight was on Johannesburg as South Africa hosted the BRICS summit. The leaders of the group of developing nations - Brazil, Russia, India, China and South Africa - agreed to expand the group and granted membership to 6 more countries.

The summit drew a lot of attention this year because of the geopolitical backlash over the war in Ukraine - BRICS countries have refused to sanction Russia despite the West calling on them to do so. But this year's meeting had a particular focus on Africa - and several heads of state from the continent were in attendance.

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