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Africa Transcending into BRICS+ Orbit

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BRICS Countries

By Professor Maurice Okoli and Professor Chinedu Ochinanwata

After the historic 16th BRICS summit held in October 2024, three African States Algeria, Nigeria and Uganda, among others in Europe (Belarus and Turkey), Asia and Latin America, recognizably became BRICS+ partner states. In total, 13 countries received BRICS partner status, according to declaration reports by the Russian Ministry of Foreign Affairs. This category of ‘partner states’ was primarily designated as part of the distinctive-focused leeway towards acquiring full membership status in the determined future.

The legitimate implications for being in this category are quite notable and provide colourful heterogeneity to the BRICS+ association. It also encompasses a growing influence, the bubbling upliftment of these countries on another level of the global stage. Of course, these cannot be underestimated in discussing BRICS+, especially in the era of shifting economic architecture and geopolitical situations.

Together, the BRICS members encompass nearly a third of the world’s land surface and almost half of the world’s population. BRICS is an informal association of emerging economies, comprising Brazil, Russia, India, China, and South Africa, with the latest additions Ethiopia, Egypt, Iran, Saudi Arabia and the United Arab Emirates. Argentina declined to join at the last moment.

Despite various criticisms raised against a number of countries that ascended into the category of ‘partner states’ for BRICS+, each has its strategic dimension. In assessing particularly African countries – Algeria (North Africa), Nigeria (West Africa) and Uganda (East Africa) – BRICS+ now, has, in the first place, a wider geographical representation across Africa. It is important to reiterate here that Ethiopia, Egypt and South Africa are full-fledged BRICS members.

Ethiopia, by all standards, is a reputable country in East Africa. The continental organisation African Union (AU) is headquartered in its capital, Addis Ababa. Egypt, considered to be a regional power, also plays invaluable roles within the Arab world, specifically in North Africa and in the Middle East region. Without much doubt, the new ‘partner states’ – Algeria, Nigeria and Uganda have indicated their collective commitment to the multifaceted ideals in the declaration adopted in Kazan, Tatarstan Republic.

BRICS’ numerical expansion and quality transformation in January 2024, and the creation of ‘partner states’ in October 2024, both under Russia’s BRICS+ chairmanship have undoubtedly opened doors to new partnership opportunities for Africa.

The strongest question centred on how BRICS’ African partnering states, Algeria, Nigeria and Uganda can strategically position themselves to benefit from the evolving dynamics within BRICS+ while, in this new geopolitical reality, simultaneously navigating for competing geopolitical interests in Africa. There are emerging challenges, but BRICS’s influence is growing and provides an impetus for strengthening relations and working systematically for economic growth, especially in the processes of reshaping economic architecture in this fast-rising multipolar world.

Nigeria and Uganda, as potential partners in the BRICS, could engage in several collaborative initiatives to enhance their economic political and social developments, including trade and investment.

For instance, Nigeria, with its natural resources and increasingly large market, and Uganda, with its agricultural potential, can collaborate to boost intra-BRICS trade and that of intra-Africa trade. In addition to this, exploring investment opportunities in sectors such as manufacturing, production innovation and technology has a clean basis to add value to the raw materials and transform them into exportable products.

Closing related to the above, are pertinent questions of ensuring energy security and infrastructure (transport logistics). Nearly all African countries are griffing for support in technology transfer, and fintech – these largely depend on sustainable energy supply. Consequently, joint initiatives could harness the capabilities of BRICS members, particularly China, India and Russia in these sectors.

By leveraging their respective strengths and, with a focused approach, Nigeria and Uganda could address these shortfalls and deficits, and further down extend assistance across West Africa, and in East Africa. One key advantage is that Uganda has Ethiopia and Egypt as BRICS members, a ready-made basis for BRICS collaboration despite the differences and persistent conflicts in the region. The basic requirement here is to find a common understanding and distinctive focused sectors for collaboration.

Comparatively, there is much-proven evidence and features, including its size of economic power and wealth, its leadership in Africa as an energy power, and its abundant supply of natural resources. This West African country ranks third behind Egypt and South Africa, and Nigeria is qualified for a full-fledged BRICS membership.

Nigeria is often referred to as the Giant of Africa by its citizens due to its large population (estimated at 220m) with a large economy and is considered to be an emerging market by the World Bank. It is, however, believed Nigeria’s foreign relations with the Western powers may be a major reason the country has not yet subscribed to BRICS membership.

Despite this identified political complexity authorities, however, maintain a concrete decision to be made over the next two years, Nigeria’s expected role in BRICS+ could augment Africa’s capability to influence regional trade, economics and politics.

Reports monitored indicated that Nigeria runs a deliberative democratic system. As part of a new foreign policy push to have its voice heard in important global organisations, the Federal Executive Council, and even the National Assembly have to make deliberations and official majority decisions towards joining the BRICS+ association.

Meanwhile, Nigeria is currently in the well-meaning and clearly defined ‘partner states’ category which guarantees collaboration and partnership with BRICS+ members. In addition, it has the possibility of balancing its national interests with the collective goals of the BRICS.

South Africa which ascended to BRICS more than a decade ago has noticeably benefited from its membership. Ethiopia, which was granted BRICS membership status in January 2024 along with Egypt, has significant working relations with China, Russia and India. Based on its strong partnership, China has financed the 20-story office complex, which is one of the most prominent political buildings in Addis Ababa. It was fully funded, designed, built, and furnished by China as a $200m gift to Africa. While India’s case need not be over-emphasized and reiterated, Russia has also followed suit by exploring and making economic investments in Ethiopia.

In November 2022, Algeria officially applied for membership in BRICS. But its official application for BRICS+ membership, at first, attracted debates, and experts raised controversial points in connection with its role with neighbouring Morocco and particularly the Sahel States, including Mali and Niger which are currently undergoing some tectonic political changes and reforms.

Algeria, located in the Maghreb region of North Africa, has strategic importance for external powers such as the United States, Europe, China and Russia as well as those in the Middle East. Its capital and largest city Algiers, situated in the far north on the Mediterranean coast, is considered as a gateway into North Africa, by foreign players. It has a budget of €15.4 billion and provides the bulk of funding through some programmes, as it is included in the European Union’s European Neighbourhood Policy (ENP) which aims at bringing the EU and its neighbours closer.

After studying various reports, Algeria has passed through a chequered journey, in fact handling it as a potential opportunity to balance its Maghreb regional position, at least, by obtaining BRICS ‘partner status’ in October 2024. There were serious reports that India vetoed Algeria’s BRICS+ entry at France’s request.

Tension arose over Burkina Faso, Mali and Niger geopolitical crisis in the region, Algeria opposed an ECOWAS military operation in Niger and emphasized the role of diplomacy in bringing about a peaceful solution to the crisis, and refused permission for French military aircraft to fly over Algerian airspace. It was further explained that Paris reportedly pushed New Delhi into using its veto as ‘revenge’ against Algiers for its growing influence in the Sahel and Maghreb region, and as a way to slow down burgeoning ties between Algeria and China.

Nonetheless, Brazilian President Luiz Inacio Lula da Silva also opposed Algeria’s entry, according to Anadolu Agency. But while Algeria surpasses Ethiopia in the size of the economy and oil production and, Ethiopia and Egypt in terms of the volume of gas exports, China backed by Russia pushed Algeria to be accepted for partnership status in BRICS+, with the future possibility of attaining full membership. China sees great potential due to its strategic location between Europe and sub-Saharan Africa. China is funding the rehabilitation of the strategic Port of El Hamdania, as Algeria remains an essential part of the Belt and Road Initiative (BRI).

On the sidelines of the ninth annual meeting of the BRICS New Development Bank (NDB) held in Cape Town, Algeria was authorized to become a member of this financial entity. With its ‘partner status’, Algeria intended to buy shares in the BRICS New Development Bank (NDB) for $1.5 billion. In the opinion of Dilma Vana Rousseff, Chair of the New Development Bank, the move to join the bank would mark Algeria’s integration into the global financial system as the ninth member of the multilateral development institution.

On the other hand, Algeria plans to use its fast-tracked initiatives and its ‘partner status’ to ultimately attract BRICS+ members to invest in the free industrial zone with Mauritania and Niger, and then with Tunisia and Libya. Algerian President Abdelmadjid Tebboune underlined this to have massive geopolitical ramifications and could be important to the emerging multipolar goals in the Global South.

Furthermore, Tebboune outlined his government’s plans for economic development over the next 12 months, including the possibility of boosting investments, improving human development, and shifting towards a more advanced export structure relying less on hydrocarbons to qualify for membership into BRICS. With this high desire to be in BRICS+, Algeria still considers Western countries as important partners in trade, security, and other economic areas.

Lately, the BRICS countries have been getting more involved in Africa. The New Development Bank (NDB) was set up to help fund infrastructure and sustainable development projects, not just in BRICS countries but now in other growing economies too. It’s seen as an alternative to big players like the IMF and the World Bank.

The NDB, founded in 2015 by the BRICS countries—Brazil, Russia, India, China, and South Africa—aims to mobilize resources for infrastructure and sustainable development projects in emerging economies. It complements the work of existing multilateral and regional financial institutions in promoting global economic growth. In 2021, the bank expanded its membership to include Bangladesh, Egypt, the UAE, and Uruguay.

Despite multiple obstacles within the Arab Maghreb Union, specifically persistent conflict between Algeria and Morocco, in August 2021, Algeria ultimately announced the break of diplomatic relations with Morocco. Besides this, Algeria’s relations are not very cordial with Ethiopia and Egypt which are BRICS members.

As a result, its request to join BRICS was slightly opposed by Ethiopia and Egypt. And of course, Ethiopia and Egypt have conflicts over the Grand Renaissance Dam (GERD) and the Nile River. While Algeria remains an inescapable candidate for BRICS+, both African and foreign experts have argued that with the completion of the Trans-Saharan Highway, it is well positioned to develop BRICS-Sub-Saharan trade. The possibilities are immense, and their sponsorship would make Algeria a truly indispensable member of the BRICS.

In June 2024, the World Bank’s 2024 report marks a turning point for Algeria, which joins the select club of upper-middle-income countries. This economic rise, the result of an ambitious development strategy, places the country in the same category as emerging powers such as China, Brazil and Turkey.

In recent years, the Algerian government has halted the privatization of state-owned industries and imposed restrictions on imports and foreign involvement in its economy. These restrictions would prevent them from benefiting largely from the BRICS+ trade and investment platform created during the summit in Kazan.

That, however, China and Russia have comparatively less practical investment than the Gulf States. For instance, Turkish direct investments have accelerated in Algeria, with total value reaching $5 billion. As of 2022, the number of Turkish companies present in Algeria has reached 1,400, far lower than Russia and China, and any other BRICS+ in an anticipated positive direction. Algeria has the 10th largest reserves of natural gas in the world and is the 6th largest gas exporter. Despite its huge natural resources, the majority of the country’s population (an estimated 45.6 million) is still noticeably impoverished, the overall rate of unemployment was 11.8% in 2023.

South Africa, Ethiopia and Egypt (full members of BRICS+), and Algeria, Nigeria and Uganda (as partner states) have the potential to bring various multifaceted economic and social advantages to the African continent and to a new level at the side of BRICS+ association. In many areas, the partnership could be delivered that are beneficial to Africa, although African members of BRICS+ need to utilize the partnership to the fullest in terms of the potential of the available resources, the potential usefulness of African Continental Free Trade (AfCFTA) and the emerging business opportunities. Last but not least, there is also the need to align these different kinds of partnerships to the common strategic objectives of the African Union.

Professor Maurice Okoli is a fellow at the Institute for African Studies and the Institute of World Economy and International Relations, Russian Academy of Sciences. He is also a fellow and lecturer at the North-Eastern Federal University of Russia. He serves as an expert at the Roscongress Foundation and the Valdai Discussion Club.

As an academic researcher and economist with a keen interest in current geopolitical changes and the emerging world order, Maurice Okoli frequently contributes articles for publication in reputable media portals on different aspects of the interconnection between developing and developed countries, particularly in Asia, Africa, and Europe. With comments and suggestions, he can be reached via email: markolconsult (at) gmail (dot) com.

Professor Chinedu Ochinanwata is a Nigerian academic and serial entrepreneur. He is a professor of digital economy and innovation, and is currently serving as pioneer director at Nasarawa State University, Keffi Enterprise Centre.

Vice President of African Development Institute of Research Methodology (ADIRM). Email: chineduochi (at) yahoo (dot) com.

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Africa Takes Centre Stage as Addis Ababa Hosts the World Public Summit

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Addis Ababa World Public Summit

By Kestér Kenn Klomegâh

For the first time in its history, the World Public Summit will be held on the African continent. On 29–30 July 2026, Addis Ababa, the capital of Ethiopia, will host the World Public Summit. Africa — “A New World: Africa in Shaping a Shared Future.”

The Summit is organised by the World Peoples Assembly in cooperation with African partner organisations. It will bring together leaders of public diplomacy, representatives of international intergovernmental and non-governmental organisations, academics, experts, representatives of the education and cultural sectors, youth leaders, socially responsible businesses, media professionals, and civil society institutions from across Africa and other regions of the world.

The World Public Summit. Africa continues the work initiated during the First World Public Assembly “A New World of Conscious Unity,” held in Moscow in September 2025, and serves as one of the key milestones in preparation for the Second World Public Assembly “A New World: Values That Unite,” which will take place in Moscow on 18–19 September 2026.

Today, Africa is emerging as one of the principal centres of global development. Rapid demographic growth, expanding entrepreneurship, strengthening regional integration, rich cultural heritage, and the growing role of civil society institutions make the continent an increasingly important contributor to the future architecture of international cooperation.

The Summit will focus on issues of genuine sovereignty and sustainable development, public diplomacy, preservation of cultural and historical heritage, international cooperation in education and science, youth engagement, innovation-driven development, creative industries, and the formation of new partnerships among countries and peoples.

The main business programme of the Summit will take place on 30 July 2026 at the headquarters of the United Nations Economic Commission for Africa (UNECA) in Addis Ababa. Holding the Summit at UNECA highlights its pan-African dimension and creates opportunities for broad international dialogue on humanitarian cooperation and public diplomacy.

The programme will include plenary sessions, strategic dialogues, and expert panels dedicated to values-based development, education, culture, youth leadership, innovation, and international cooperation.

Participation has already been confirmed by Professor Saidou Madougou, Director of the Department of Education, Science, Technology and Innovation of the African Union; Rita Bissoonauth, Director of the UNESCO Liaison Office to the African Union and UNECA in Addis Ababa; Zuzana Schwidrowski, Director of the Macroeconomics, Finance and Governance Division of UNECA, as well as ministers, leaders of public organisations, and representatives of the business community from a number of African countries.

On the same day, the ADWA Victory Memorial Museum—Ethiopia’s national memorial complex dedicated to the Victory of Adwa and an important centre for preserving the historical memory of the Ethiopian people—will host the award ceremony of the regional stage of the V International Competition “Leader of Public Diplomacy”, followed by a large-scale cultural programme.

One of the key outcomes of the Summit will be the adoption of the African Communiqué, reflecting proposals and recommendations aimed at strengthening humanitarian, educational, cultural, and public cooperation between African countries and other regions of the world.

The outcomes, initiatives, and recommendations were developed during the World Public Summit. Africa will be presented at the Second World Public Assembly “A New World: Values That Unite”, to be held in Moscow on 18–19 September 2026.

According to Andrey Belyaninov, General Secretary of the World Peoples Assembly, “the Addis Ababa Summit is an important step toward building a new world founded on mutual respect, cultural diversity, dialogue and sustainable development.”

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UK Set for Seventh Prime Minister in 10 Years as Keir Starmer Resigns

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Keir Starmer

By Adedapo Adesanya

The United Kingdom will get its seventh Prime Minister in 10 years as Mr Keir Starmer announced his resignation on Monday.

The Minister said he is stepping down as leader of the governing Labour Party and will leave office within weeks, scarcely two years after being elected in a landslide.

Mr Starmer says he will remain caretaker prime minister until a new Labour leader is chosen by the party.

Mr Starmer made the announcement after facing growing pressure to hand over to a new leader who can try to revive the government’s flagging fortunes.

He led Labour to a landslide election victory in July 2024, but since then, his popularity and that of the party have plummeted.

His departure was triggered by the victory of Mr Andy Burnham in a special election last week. The popular ex-mayor of Greater Manchester planned to challenge the existing PM for the Labour leadership.

Mr Starmer made the announcement outside the prime minister’s 10 Downing St. residence with a brief statement on Monday.

“The question my party is asking now is whether I am best placed to lead us into the next general election,” Mr Starmer said. “I have heard the answer of my parliamentary party to that question, and I accept that answer with good grace.

Mr Starmer is the sixth prime minister in a decade to stand outside 10 Downing Street and announce a premature departure.

It comes the day before Britain marks the 10th anniversary of its vote to leave the European Union, a decision that still affects the country’s economy and politics.

Over the past decade, 10 Downing Street has had six occupants, including Mr David Cameron, who left office in 2016 after the Brexit referendum and was succeeded by Ms Theresa May. She was followed by Mr Boris Johnson, whose tenure covered Brexit and the COVID-19 pandemic. After Mr Johnson came Ms Liz Truss, whose 49-day premiership was the shortest in British history. Mr Rishi Sunak then took office before being succeeded by Mr Starmer, the outgoing occupant of Number 10.

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AXIAN Energy Secures $60m for Expansion Across Africa

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axian energy

By Aduragbemi Omiyale

A financing facility of up to $60 million has been secured by AXIAN Energy, the energy division of the AXIAN Group.

The funding package was provided by MCB, one of the leading financial institutions in the Indian Ocean region.

It comprises a $40 million revolving credit facility with a three-year tenor and extension option, and $20 million in unfunded instruments, providing AXIAN Energy with enhanced financial flexibility, enabling the company to rapidly mobilise resources and seize development opportunities across its target markets.

The energy firm is expected to use the capital to deliver large-scale energy infrastructure projects across Africa.

Over the past two years, AXIAN Energy has significantly accelerated its growth by expanding its renewable energy project pipeline, with solar projects currently under development in Senegal, Benin, Zambia, Côte d’Ivoire, Madagascar, and Burkina Faso.

Building on this momentum, AXIAN Energy now operates a portfolio comprising 350 MW of installed renewable energy capacity, supported by 77 MWh of energy storage capacity, positioning the AXIAN Group as a major contributor to Africa’s energy transition.

The chief executive of AXIAN Energy, Mr Benjamin Memmi, said, “This transaction marks a key milestone in AXIAN Energy’s growth trajectory. It provides us with the financial capacity to sustain the momentum we have built over the past two years, further strengthening our renewable energy portfolio and expanding our presence across new African markets.”

Also commenting, the Global Head of Structured Finance at MCB, Mr Mathieu Delteil, said, “We are proud to support AXIAN Energy in structuring this facility, reaffirming our commitment to enabling transformative projects across Africa.

“By leveraging our sector expertise and deep understanding of regional markets, we have delivered a tailored financing solution that aligns with AXIAN’s long-term renewable energy ambitions.

“This partnership highlights our role as a strategic financial partner, mobilising capital towards investments that drive sustainable growth and accelerate the energy transition across the continent.”

The financing agreement between the two organisations strengthens their long-standing relationship because it is driven by a shared commitment to supporting infrastructure development and economic growth across Africa.

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