The rise of BRICS, a coalition comprising Brazil, Russia, India, China, South Africa, and now Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, marks a significant shift towards.
Ugandan President Yoweri Museveni said on Tuesday he saw no reason to criticise Russia over the invasion of Ukraine, extolling Russian-African friendship in remarks that will have delighted his visitor,.
The African Development Bank, AfDB Group’s Board of Directors has approved 24, fast-track programs to help Africa mitigate rising food prices and inflation caused by Russia’s war in Ukraine, climate.
Africa risks sliding into stagflation – a cycle of slow growth and high inflation – as it battles the lingering effects of the pandemic and rising fuel and food prices.
