- Egypt and Ethiopia have been onboarded into the BRICS bloc.
- BRICS has announced increased investment and trade with Africa.
- Africa stands to gain with increased representation in BRICS.
The presence of BRICS in Africa has grown exponentially with the onboarding of two of the continent’s most populous economies, Egypt and Ethiopia. This move is poised to give Africa a much larger representation in the growing economic formation even as other economies, such as Kenya, express interest in joining the BRICS ecosystem.
“The expansion of BRICS in 2024 has undoubtedly increased Africa’s weight in international affairs and contributed to the ongoing discussion on the complexities of multipolarity,” reports Daria Zelenova, Head of the BRICS African Strategy Centre and Institute for African Studies.
In the wake of the 16th BRICS in Kazan, Russia, Zelenova said, “The development of strategic and commercial ties between BRICS and Africa reflects the pragmatic interest in the …
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