Analysts are describing the planned expansion of the BRICS bloc as a significant shift in the geopolitical landscape. South African President Cyril Ramaphosa, the current BRICS chairperson, told journalists at a media briefing that six new countries would be joining the bloc. "South Africa being from Southern Africa, they [BRICS] have added Ethiopia from East Africa and Egypt from North Africa," he noted, adding that the move would represent African interests more broadly and inclusively. Luanda Mpungose from the South African Institute of International Affairs told DW that BRICS countries had always had good relations despite existing differences between certain member states. "We have noted that there is global momentum for the use of local currencies, alternative financial arrangements and alternative payment systems," South African President Cyril Ramaphosa said.

Source: The North Africa Journal August 26, 2023 10:19 UTC