World
Africa Transcending into BRICS+ Orbit
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.
World
Russia Renews Africa’s Strategic Action Plan
By Kestér Kenn Klomegâh
At the end of an extensive consultation with African foreign ministers, Russian Foreign Minister, Sergey Lavrov, has emphasized that Moscow would advance its economic engagement across Africa, admittedly outlining obstacles delaying the prompt implementation of several initiatives set forth in Strategic Action Plan (2023-2026) approved in St. Petersburg during the Russia-Africa Summit.
The second Ministerial Conference, by the Russian Foreign Ministry with support from Roscongress Foundation and the Arab Republic of Egypt, marked an important milestone towards raising bilateral investment and economic cooperation.
In Cairo, the capital city of the Arab Republic of Egypt, Lavrov read out the final resolution script, in a full-packed conference hall, and voiced strong confidence that Moscow would achieve its strategic economic goals with Africa, with support from the African Union (AU) and other Regional Economic blocs in the subsequent years. Despite the complexities posed by the Russia-Ukraine crisis, combined with geopolitical conditions inside the African continent, Moscow however reiterated its position to take serious steps in finding pragmatic prospects for mutual cooperation and improve multifaceted relations with Africa, distinctively in the different sectors: in trade, economic and investment spheres, education and culture, humanitarian and other promising areas.
The main event was the plenary session co-chaired by Russian Foreign Minister Sergey Lavrov and Egyptian Minister of Foreign Affairs, Emigration, and Egyptians Abroad Bashar Abdelathi. Welcome messages from Russian President Vladimir Putin and Egyptian President Abdelhak Sisi were read.
And broadly, the meeting participants compared notes on the most pressing issues on the international and Russian-African agendas, with a focus on the full implementation of the Russia-Africa Partnership Forum Action Plan for 2023-2026, approved at the second Russia-Africa Summit in St. Petersburg in 2023.
In addition, on the sidelines of the conference, Lavrov held talks with his African counterparts, and a number of bilateral documents were signed. A thematic event was held with the participation of Russian and African relevant agencies and organizations, aimed at unlocking the potential of trilateral Russia-Egypt-Africa cooperation in trade, economic, and educational spheres.
With changing times, Africa is rapidly becoming one of the key centers of a multipolar world order. It is experiencing a second awakening. Following their long-ago political independence, African countries are increasingly insisting on respect for their sovereignty and their right to independently manage their resources and destiny. Based on these conditions, it was concluded that Moscow begins an effective and comprehensive work on preparing a new three-year Cooperation and Joint Action Plan between Russia and Africa.
Moreover, these important areas of joint practical work are already detailed in the Joint Statement, which was unanimously approved and will serve as an important guideline for future work. According to reports, the Joint Statement reflects the progress of discussions on international and regional issues, as well as matters of global significance.
Following the conference, the Joint Statement adopted reflects shared approaches to addressing challenges and a mutual commitment to strengthening multifaceted cooperation with a view to ensuring high-quality preparation for the third Russia-Africa Summit in 2026.
On December 19-20, the Second Ministerial Conference of the Russia-Africa Partnership Forum was held in Cairo, Egypt. It was held for the first time on the African continent, attended by heads and representatives of the foreign policy ministries of 52 African states and the executive bodies of eight regional integration associations.
World
TikTok Signs Deal to Avoid US Ban
By Adedapo Adesanya
Social media platform, TikTok’s Chinese owner ByteDance has signed binding agreements with United States and global investors to operate its business in America.
Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent by chief executive, Mr Shou Zi Chew.
The deal, which is set to close on January 22, 2026 would end years of efforts by the US government to force ByteDance to sell its US operations over national security concerns.
It is in line with a deal unveiled in September, when US President Donald Trump delayed the enforcement of a law that would ban the app unless it was sold.
In the memo, TikTok said the deal will enable “over 170 million Americans to continue discovering a world of endless possibilities as part of a vital global community”.
Under the agreement, ByteDance will retain 19.9 per cent of the business, while Oracle, Silver Lake and Abu Dhabi-based MGX will hold 15 per cent each.
Another 30.1 per cent will be held by affiliates of existing ByteDance investors, according to the memo.
The White House previously said that Oracle, which was co-founded by President Trump’s supporter Larry Ellison, will license TikTok’s recommendation algorithm as part of the deal.
The deal comes after a series of delays.
Business Post reported in April 2024 that the administration of President Joe Biden passed a law to ban the app over national security concerns, unless it was sold.
The law was set to go into effect on January 20, 2025 but was pushed back multiple times by President Trump, while his administration worked out a deal to transfer ownership.
President Trump said in September that he had spoken on the phone to China’s President Xi Jinping, who he said had given the deal the go ahead.
The platform’s future remained unclear after the leaders met face to face in October.
The app’s fate was clouded by ongoing tensions between the two nations on trade and other matters.
World
United States, Russia Resolving Trade Issues, Seeking New Business Opportunities
By Kestér Kenn Klomegâh
Despite the complexities posed by Russia-Ukraine crisis, United States has been taking conscious steps to improve commercial relations with Russia. Unsurprisingly, Russia, on the other hand, is also moving to restore and normalise its diplomacy, negotiating for direct connections of air-routes and passionate permission to return its diplomats back to Washington and New York.
In the latest developments, Kirill Dmitriev, Chief Executive Officer of the Russian Direct Investment Fund (RDIF), has been appointed as Russian President’s Special Envoy to United States. This marked an important milestone towards raising bilateral investment and economic cooperation. Russian President Vladimir Putin tasked him to exclusively promote business dialogue between the two countries, and further to negotiate for the return of U.S. business enterprises. According to authentic reports, United States businesses lost $300+ bn during this Russia-Ukraine crisis, while Russia’s estimated 1,500 diplomats were asked to return to Moscow.
Strategically in late November 2025, the American Chamber of Commerce in Russia (AmCham) has awarded Kirill Dmitriev, praised him for calculated efforts in promoting positive dialogue between the United States and Russia within the framework decreed by President Vladimir Putin. Chief Executive Officer of Russian Direct Investment Fund (RDIF) Kirill Dmitriev is the Special Representative of the Russian President for Economic Cooperation with Foreign Countries. Since his appointment, his primary focus has been on United States.
“Received an American Chamber of Commerce award ‘For leadership in fostering the US-Russia dialogue,’” Dmitriev wrote on his X page, in late November, 2025. According to Dmitriev, more than 150 US companies are currently operating in Russia, with more than 70% of them being present on the Russian market for over 25 years.
In addition, Chamber President Sergey Katyrin and American Chamber of Commerce in Russia (AmCham) President Robert Agee have also been discussing alternatives pathways to raise bilateral business cooperation. Both have held series of meetings throughout this year, indicating the the importance of sustaining relations as previously. Expectedly, the Roscongress Foundation has been offered its platforms during St. Petersburg International Economic (SPIEF) for the American Chamber of Commerce (AmCham).
On December 9, Sergey Katyrin and Robert Agee noted that, despite existing problems and non-economic obstacles, the business communities of Russia and the United States proceed from the necessity of maintaining professional dialogue. Despite the worsening geopolitical conditions, Sergey Katyrin and Robert Agee noted the importance of preserving stable channels of trade and pragmatic prospects for economic cooperation. These will further serve as a stabilizing factor and an instrument for building mutual trust at the level of business circles, industry associations, and the expert community.
The American Chamber of Commerce (AmCham) will be working in the system of the Chamber of Commerce and Industry (CCI) in the Russian Federation, which currently comprises 57,000 legal entities, 130 regional chambers and a combined network of representative offices covering more than 350 points of presence.
According to reports obtained by this article author from the AmCham, promising sectors for Russian-American economic cooperation include healthcare and the medical industry, civil aviation, communications/telecom, natural resource extraction, and energy/energy equipment. The United States and Russia have, more or less, agreed to continue coordinating their work to facilitate the formation of a more favorable environment for Russian and American businesses, reduce risks, and strengthen business ties. Following the American-Russian Dialogue, a joint statement and working documents were adopted.
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