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South Africa BRICS Presidency: Challenges and Future Perspectives

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Cyril Ramaphosa South Africa BRICS Presidency

By Kestér Kenn Klomegâh

The next year 2023, South Africa, as per stipulated approved guidelines and rules, will hold the rotating presidency of BRICS, the organization of five emerging developing countries made up of Brazil, Russia, India, China and South Africa. This implies that South African President Cyril Ramaphosa has a lot more at hand, especially with the current global geopolitical changes to drum home, to consolidate the growing support underway for a few others to join BRICS.

Ramaphosa has already reminded us that South Africa will hold the BRICS rotating presidency in 2023. “That BRICS summit next year under the chairship of South Africa, the matter of expanding BRICS is going to be under serious consideration. A number of countries are consistently making approaches to BRICS members, and we have given them the same answer that it will be discussed by the BRICS partners, and thereafter a collective decision will be made.” the president said this December.

Russia’s Foreign Affairs Minister Sergey Lavrov told the gathering at the Primakov Readings forum held this early December that the quintet of BRICS economies (Brazil, Russia, India, China and South Africa) may turn into an organization of 15-17 countries, not just enthusiasm but if those wishing to join it are granted membership based on two principles: have the necessary conditions and the collective decision of the organization.

Lavrov, in his presentation, traced the historical establishment and development of the organization. “We all know that this format [RIC – Russia, India, China] paved the way for the BRICS Five, which currently enjoys great publicity and many countries line up seeking a full-fledged membership,” Lavrov said.

“If we meet all bids, then the ‘five’ will turn into about 15-17 countries as the BRICS summit in June, which was organized in a video conference format by our Chinese colleagues, showed us,” the foreign minister noted, and further stressed that the RIC remains an operational format and not only foreign ministers, but ministers of economy, energy and economic development as well, are meeting within the framework of this format.

“The RIC keeps thriving today, and not many know that this ‘trio’ continues holding meetings at the level of foreign ministers,” Lavrov continued. “Just a couple of months ago, we held such a meeting in the online format, and it was the 20th meeting of this kind since [ex-Foreign Affairs Minister] Yevgeny (Primakov) proposed to keep developing this format.”

“Besides the meetings of foreign ministers, there are meetings of energy, trade and economic development ministers as well as of numerous industrial members of the corresponding governments,” the Russian foreign minister added.

“We have real partners – BRICS, the SCO, the EAEU, and the CSTO, regardless of what is written about it,” Lavrov stated. The top diplomat stated that the RIC structure (Russia, India, China), a Primakov initiative, “spawned the BRICS five, which currently receives enormous attention.” Several states are lined up for full membership, and the five could expand to roughly 15-17 countries, Lavrov added.

Russia’s local Vedomosti reported that the number of BRICS members might triple during the Primakov Readings forum. According to the report, organizations such as BRICS are becoming an alternative against the backdrop of the weakness of the European Union. The emphasis on cooperation with non-Western states appears to be even more warranted in light of Europe’s current problems. The United States and its closest allies’ unjust policy toward key EU members.

Berlin and Paris do not have complete autonomy in international politics; thus, they deliberately cede some of their foreign policy functions to Washington, according to Alexander Kamkin, a Senior Researcher at IMEMO. The expert admits that the European countries are capable of taking the initiative in a few circumstances, but on the whole, they follow Washington’s lead.

According to Andrey Kortunov, Director General of the Russian International Affairs Council, BRICS can provide countries with an alternate partnership path to the EU that does not require a high admission threshold. According to him, the group is now developing along two avenues: by admitting new members and by strengthening cooperation.

In the second case, additional countries will not be admitted to BRICS, but each organization’s partner will be able to choose a convenient mode of cooperation within the BRICS+ structure. Kortunov noted that the EU is unwilling to seek strategic autonomy from the US not only due to the Ukrainian crisis but China’s ascent.

The possibility of expanding membership in the organization is still under discussion within the BRICS framework. Noteworthy to reiterate here that a decision was made at the five BRICS members summit on June 23-24 to launch a discussion for the purposes of determining the principles, standards, criteria and procedures of this process.

China and Russia have been pushing for the expansion of BRICS, soliciting support for the multipolar system of global governance instead of the existing rules-based unipolar directed by the United States. Often explained that a bigger BRICS primarily offers huge opportunities among the group members and for developing countries.

Russian President Vladimir Putin said at a plenary session of the Valdai International Discussion Club held on October 27 reaffirmed Russia’s unshakable support for Saudi Arabia joining BRICS. “Yes, we support it, but this requires a consensus of all the BRICS countries,” he said.

According to him, Saudi Arabia is a rapidly developing country, which is due not only to its leading position in the hydrocarbon market. “This is also due to the fact that the Crown Prince, the government of Saudi Arabia, has very big plans for diversifying the economy, which is very important. They have entire national development plans designed for this goal,” the Russian President said.

He expressed confidence that, given the enthusiasm and creativity of Crown Prince Mohammed bin Salman Al Saud, these plans will be implemented. “Therefore, of course, Saudi Arabia deserves to be a member of major international organizations, such as the BRICS and such as the SCO. Most recently, we determined the status of Saudi Arabia in the SCO and will develop relations with this country both bilaterally and on multilateral platforms,” Putin added.

With the current global unstable and volatile situation creating skyrocketing uncertainties in global economic recovery, China has unreservedly shown its contribution to strengthening BRICS. For 16 years since its inception, China has offered the largest financial support for the BRICS National Development Bank and contributed tremendously to other directions, including health, education and economic collaboration among the group.

That is why BRICS has gained extensive recognition. More and more countries are willing and interested in becoming members of the organization, making joint efforts to overcome difficulties and challenges, and realising common development and prosperity. BRICS activities have expanded during the past few years. Countries participated in the Outreach and BRICS plus segments of the organization. But now, with the emerging new global order, BRICS seeks to expand its membership and consolidate its platform as an instrument for pushing against the existing rules-based order unipolar system.

BRICS activities have expanded during the past few years. Countries participated in the Outreach and BRICS plus segments of the organization. There are also a number of African countries, including Algeria, Egypt, Ethiopia, Nigeria, and Senegal, that have also shown interest. Egypt has already been involved for a fairly long time. Last December 2022, Egypt, the decision on its accession to the New Development Bank was made by BRICS.

Russia has consistently advocated for deepening the organization’s interaction with the African continent, the diplomat stressed. In particular, President of the Russian Federation Vladimir Putin mentioned this at an expanded meeting of leaders of the five BRICS member-states in the BRICS plus format on June 24. It is, however, expected that this avenue of efforts will get an extra impetus during the presidency period of South Africa in 2023.

On May 19, China’s State Councillor and Foreign Minister Wang Yi chaired a video conference dialogue between foreign ministers of BRICS countries and their counterparts from emerging economies and developing countries. It was the first BRICS Plus dialogue at the level of foreign ministers. Participants in the dialogue came from BRICS countries as well as invited countries such as Kazakhstan, Saudi Arabia, Argentina, Egypt, Indonesia, Nigeria, Senegal, United Arab Emirates and Thailand.

According to Wang Yi, the dialogue’s importance was to further expand cooperation between the BRICS countries and other emerging economies and developing countries. In addition, Wang Wenbin, during his weekly media briefing on October 20, explained that as the BRICS chair for this year, China has actively supported the BRICS in starting the membership expansion process and advanced the BRICS Plus cooperation.

During the 14th BRICS summit successfully held in June 2022, President Xi Jinping noted at the meeting that BRICS countries gather not in a closed club or an exclusive circle but in a big family of mutual support and a partnership for win-win cooperation. At the summit, BRICS leaders reached important common understandings about BRICS expansion and expressed support for discussion on the standards and procedures of the expansion.

“This has been well received in the international community, and many countries have expressed interest in joining the BRICS. China supports and welcomes this. Going forward, China will work with fellow BRICS members to steadily proceed with the BRICS expansion process and enable more partners to join this promising endeavour,” Wenbin said at the media briefing.

Despite its large population of 1.5 billion, which many have considered an impediment, China pursues admirable collaborative strategic diplomacy with external countries, and that has made it attain superpower status over Russia. A careful study and analysis monitored by this author vividly show that muscle-flexing Russia largely lacks public outreach diplomacy, Russia contributing towards its own ‘cancel culture’ policy, and this is seriously detrimental to the emerging new global order.

South Africa was a late minor addition to the group, to add a bridgehead to Africa, says Charles Robertson, Chief Economist at Renaissance Capital. All the BRICS countries are facing economic challenges that need addressing urgently. The BRICS is keenly aware of the importance of contributing to Africa’s development agenda.

“Therefore, it could expand because the BRICS are under-represented in the global financial architecture. Europe and the United States dominate institutions like the International Monetary Fund (IMF) and the World Bank, and to some extent many others,” explained Robertson in an emailed query.

According to him, “Russia and others in the BRICS would like to see larger power centres emerge to offer an alternative to that Western-dominated construct. That is reasonable enough – providing there are countries with the money to backstop the new institutions, such as China supporting the BRICS bank, and if the countries offer an alternative vision that provides benefits to new members.”

South African Ramaphosa has repeatedly said that BRICS as a dynamic group would usher in a new global development era that promises a system of more inclusive, sustainable and fair principles. BRICS group, in an expanded form, can support a sustainable and equitable global economic recovery.

For South Africa, Ramaphosa further believes that the BRICS is simply a highly-valuable platform fixed to strengthen ties with partner countries in support of South Africa’s economic growth for discussing global economic problems and challenges and, above all, strengthening the role of developing countries.

After his official visit to Saudi Arabia in mid-October, Ramaphosa said that Crown Prince Mohammed bin Salman Al Saud had expressed the desire to join BRICS. “The Crown Prince did express Saudi Arabia’s desire to be part of BRICS. They are not the only country seeking membership in BRICS,” according to the local radio station ABC. That report said Argentina, Iran, Turkey and the UAE also voiced their intention to join the organization.

The BRICS embody a synergy of cultures and are a model of genuine multilateral diplomacy. Its structure is formed in compliance with the 21st century’s realities. Efforts within its framework are based on the principles of equality, mutual respect and justice.

Historically, the first meeting of the group began in St Petersburg in 2005. It was called RIC, which stood for Russia, India and China. Then later, Brazil joined and finally, South Africa in February 2011, which is why now it is referred to as BRICS. The acronym BRICS is derived from the member countries’ names in English. The BRICS (Brazil, Russia, India, China and South Africa) collectively represent about 26% of the world’s geographical area and about 42% of the world’s population.

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How AI is Revolutionizing Sales and Business Development for Future Growth

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Olubunmi aina

By Olubunmi Aina

Many experts have highlighted the growing impact of Artificial Intelligence (AI) across the financial industry, and I would like to share my perspective on a key functional area that typically drives business growth and profitability— sales and business development professionals and how AI is impacting their work.

Sales and business development professionals are often regarded as the engine room of an organization, thanks to their eye for business opportunities, ideation and conceptualization, market engagement and penetration expertise.

AI is enabling sales and business development professionals to automate tasks, take meeting notes, analyze data, and personalize customer experiences, all of which are embedded within CRM (Customer Relationship Management) systems. A CRM with an AI tool is what forward-thinking businesses are leveraging to manage leads, customer data, customer interactions, notify and remind professionals to take action when due, drive growth and profitability.

This is why it is crucial for these professionals to invest heavily in AI knowledge to remain globally competitive. This can be achieved through self-study, attending industry events, or consulting with leading technology companies that have embraced AI, such as Interswitch Group, AI In Nigeria, and Revwit.

Most importantly, to maximize the potential of AI, sales and business development professionals must pay close attention to customer interactions. and ensure they collect high-quality data. Feeding the data repository or CRM Systems with valuable insights and data from real customer engagement is key to getting AI to produce near accurate insight for effective results.

AI will continue to be a key driver of business growth and decision-making in the years ahead. If you are yet to embrace it, now is the time. Keep learning!

Olubunmi Aina is the Vice President, Sales and Account Management at  Interswitch Group

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Mother’s Day: Bridging Dreams and Burdens With Global Marketplace Success

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Motherhood in Nigeria is a dynamic force fueled by strength, resilience, and unwavering love. As Mother’s Day approaches, we celebrate the women who carry the weight of their families and communities, often while nurturing their dreams. From bustling market traders to ambitious entrepreneurs, Nigerian mothers are a force to be reckoned with.

However, the reality is that balancing these roles can be incredibly challenging. The daily hustle, coupled with the rising cost of living, often leaves little time or resources for personal aspirations. This is where the digital marketplace and platforms like Temu are beginning to play a significant role, not just in Nigeria but globally.

For Stephanie, a Nigerian hair and beauty influencer navigating the demands of work and motherhood, the ease of online shopping became invaluable. She discovered that purchasing baby necessities, like baby high chairs from Temu, from the comfort of her home significantly simplified her life, granting her more time to dedicate to her family and professional pursuits.

Beyond convenience, digital platforms are also fueling entrepreneurial success for women. Caterina Tarantola, a mother of three, achieved the remarkable feat of opening her translation and interpretation office in just 15 days. Her secret weapon was also Temu. Initially skeptical of online shopping, she found it to be a personal advisor, providing everything from office furniture to decor, delivered swiftly and affordably. This kind of direct access is precisely what can empower many Nigerian mothers who strive to maximise their resources and time.

Similarly, Lourdes Betancourt, who left Venezuela to start a new life in Berlin, turned to Temu when launching her hair salon. By sourcing essential supplies directly from manufacturers, she avoided costly markups and secured the tools she needed to turn her vision into reality.

Since Temu entered the Nigerian market last November, more Nigerian mothers have embraced the platform to access quality, affordable products. By shopping online instead of spending hours at physical markets, they can reclaim valuable time for their businesses, families, and personal growth.

This shift reflects a global trend as consumers worldwide seek convenience and affordability. In response, Temu has rapidly grown into one of the most visited e-commerce sites and was recognized as a top Apple-recommended app of 2024.

                                 

The digital marketplace, while still developing in a place like Nigeria, presents a significant opportunity for empowerment. The progress made thus far highlights the tremendous potential for positive impact.

This Mother’s Day, we celebrate Nigerian mothers’ strength and adaptability. Like Stephanie, Caterina, and Lourdes, they are turning challenges into opportunities—building brighter futures for themselves and their families with the support of innovative online platforms like Temu.

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Sacred Journeys, Earthly Burdens: The Cost of Nigeria’s Pilgrimage Economy

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Nigeria’s Pilgrimage Economy

By Prince Charles Dickson PhD

The desert does not care for your prayers. It swallows them whole, along with your sweat, doubts, and wallet weight. Yet here we were—Nigerians in Jordan, then Israel, tracing paths carved by prophets and kings, stepping on stones smoothed by millennia of footsteps. From the Dead Sea’s buoyant bitterness to Bethlehem’s star-marked grottoes, the land thrums with sacred electricity. But as she walked, she couldn’t shake the question: What does this cost us? Not just in naira, but in soul.

You remember the chaos—Abuja’s airport buzzing with first-time pilgrims clutching rosaries and Qurans, tour guides shouting over the din, warnings about “japa temptations” mingling with sermons. For many, this was a once-in-a-lifetime escape: from potholed streets, blackouts, and the gnawing uncertainty of survival back home. Yet even here, in the shadow of Herod’s stones and Galilee’s shores, Nigeria followed us. The tour operators in Jordan haggled like Lagos market women; Israeli border guards scrutinized our green passports with weary suspicion. And beneath it all, the Gaza war hummed like a discordant hymn, a reminder that holiness and human conflict are ancient bedfellows.

Let’s talk numbers; if a single pilgrimage package costs roughly N3.5 to N5 million per person, multiply that by thousands of pilgrims annually, and Nigeria bleeds billions into foreign economies.

In Jordan, our guides grinned as they narrated Petra’s history, their pockets fattened by dollars. In Israel, the pilgrimage industry is a well-oiled machine: hotels near Nazareth charge premium rates, Dead Sea mud is packaged and sold as divine therapy, and even the Via Dolorosa has a gift shop. Meanwhile, back home, nurses strike over unpaid wages and students scratch equations into dust-choked chalkboards.

The Catholic Bishops’ recent call cuts like a knife: “Stop funding pilgrimages. Let faith pay its way.” Their logic is mercilessly practical: why should a nation drowning in debt—where 63% of citizens survive on less than $2 a day—subsidize spiritual tourism for a privileged few? The National Hajj Commission (NAHCON) and Christian Pilgrims’ Board, riddled with corruption scandals, stand as monuments to mismanagement.

Remember the 2017 scandal where officials embezzled ₦90 million meant for pilgrims’ visas? Or the 2022 Hajj airlift fiasco that stranded thousands? These boards, the bishops argue, “serve neither their adherents nor the nation.”

Yet, the allure persists. For many pilgrims, government sponsorship isn’t just a subsidy—it’s a lifeline. “I saved for ten years,” a retired teacher from Enugu told me, her eyes glistening at the Jordan River. “Without the board’s help, I’d never see Jerusalem.” Herein lies the paradox: pilgrimage is both a spiritual awakening and a symptom of systemic failure. When the state funds faith, it commodifies it—and when it withdraws, it risks severing the vulnerable from their solace.

Ah, the pilgrims themselves! Nigerians are nothing if not theatrical. There were the “Captains”—self-appointed prayer warriors who bossed others around like generals in God’s army. The Comedians, crack jokes at Caiaphas’ dungeon to ease the tension. The Holier-Than-Thous, who tsk-tsked at women’s uncovered hair while surreptitiously snapping selfies at Golgotha and the quiet ones, like the widow from Sokoto who touched the Western Wall and wept without sound.

But spirituality here is tangled with spectacle. At the Dead Sea, I watched a pastor bottle the salty water, declaring it “a weapon against household witches.” In Bethlehem, traders hawked olive-wood crosses next to “I Error! Filename not specified. Jesus” t-shirts. Is this awakening? Or is it the monetization of longing?

The bishops’ critique is not just fiscal—it’s theological. “True faith,” their statement insists, “is not measured in miles travelled but in mercy shown.” They urge a reckoning: if Nigeria redirected pilgrimage funds to healthcare, education, or infrastructure, could that itself be a sacred act? Imagine N30 billion—the approximate annual cost of state-sponsored pilgrimages—channeled into neonatal clinics or rural electrification. Would that not honor the “least of these” whom Christ called us to serve?

But the counterargument simmers: pilgrimages foster unity, they say. On that flight to Tel Aviv, I saw Muslims and Christians swap snacks and stories. A Hausa imam helped a Yoruba grandmother fasten her seatbelt. For a moment, Nigeria felt possible again. Yet this fragile camaraderie exists in a bubble—one paid for by a state that can’t fix its roads.

You asked me, “Can’t we have both—pilgrimages and progress?”* Perhaps. But not under this broken model. Here’s the radical alternative:

Decouple State and Sanctuary: Let religious groups self-organize pilgrimages, as the bishops propose. If a church or mosque can rally its flock to fund journeys, so be it—but without dipping into public coffers.

Audit the Sacred: Demand transparency from pilgrimage boards. Publish budgets, punish graft, and let pilgrims know exactly where their money goes.

Reinvest in the Here and Now: Redirect saved funds to tangible ministries—hospitals, schools, food banks—that embody “love thy neighbour” more vividly than any tour group.

On our last night in Jerusalem, I sat with a group under the stars. Nima from Plateau said quietly, “I came to feel closer to God. But I felt Him more when that waiter in Amman refilled my water…”. I urged her to tell the story—

It was the unlikeliest of sanctuaries—a crowded restaurant, humming with the chaos of clattering plates and overlapping voices. Amid the rush, a young waiter moved with a grace that transcended duty. His smile was not merely professional; it was an offering. In a world where transactions often eclipse connection, he chose to see me. I asked for three small things: hot water to refill my flask, a bowl of midnight-dark yogurt, and sugar to sweeten it—simple requests, yet specific, requiring attention in a sea of demands. He could have sighed, rolled his eyes, or deferred to the crowd. Instead, he leaned in.

His “of course” was a quiet rebellion against indifference.

The steaming flask returned, cradled like something sacred. The yogurt arrived, its darkness cradled in a bowl that gleamed like polished obsidian. The sugar, poured with care, became more than a condiment—it was a covenant.

At that moment, the noise faded. Here was a stranger who had every reason to rush, yet chose to pause. Here was proof that kindness is not a grand gesture reserved for saints, but a series of deliberate, ordinary acts: I will listen. I will try. You matter.

How much lighter the weight of our differences would be if we all carried this truth: that every interaction is a crossroads. We can choose to armour ourselves in a hurry, or we can meet one another as this young man did—with eyes that recognize a shared humanity. The systems we’ve built—borders, hierarchies, ideologies—are illusions compared to the raw, aching need we all harbor: to be treated gently, to be acknowledged.

As I stirred the sugar into the yogurt, dissolving bitterness into sweetness, I thought of all the ways we hunger. For warmth. For dignity. For the courage to ask for what we need, and the grace to honor those who ask. The world will not slow down. But in its frenzy, we can be oases for one another—pouring hot water into empty vessels, handing over sugar like a promise.

This is how we mend the fractures: not with grand declarations, but with the daily sacrament of paying attention. The waiter’s name is lost to me now, but his lesson lingers: in a universe that often feels cold and vast, we hold the power to make it intimate, one act of deliberate kindness at a time.

What if we all moved through life as he did—not merely serving, but seeing?

There it is—the heart of the matter. Spirituality isn’t stamped in a passport; it’s woven into daily acts of attention, kindness, and justice. Nigeria’s pilgrimage industry, for all its grandeur, risks reducing faith to a transactional spectacle. The bishops aren’t arguing against devotion—they’re pleading for a redefinition of what’s holy.

The desert still whispers. But maybe the miracle we need isn’t in Jordan’s rivers or Jerusalem’s tombs. Maybe it’s in the courage to stay home—to build a nation where the sacred isn’t a luxury, but a lived reality. May Nigeria win!

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