African countries to be added in the new BRICS expansion. Payment settlements and relief for African countries that will participate.
Ambassador Anil Sooklal, leading the BRICS Public lecture at the university of KwaZulu-Natal, took the audience through the creation of BRICS, he indicated that although the world has changed we still see the dire effects of the marginalization of our African continent hence the creation of BRICS.
He went on to say that it has been decided that as part of the BRICS chair-ship, we need to involve the African continent as we did during the first BRICS Summit.
In the upcoming BRICS Summit 2023, there has been an expression of the need of a BRICS expansion and as a result the whole African Continent representatives have been invited and encouraged to be part of the upcoming Summit 2023.
With the successful expansion of BRICS, we are going to account for over 50% of the Global population. The World Development Bank has been created for our independence from borrowing and trading in Western currency. we have created an efficient payment settlement system which will give most African countries banking solutions.
Story to develop as the Summit continues.
By: Samkele Mchunu
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