BRICS issued a declaration addressing trade concerns for African nations.

The entities involved

• BRICS →

  association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates

  • BRICS grouping confirmed its membership, including China, India, Brazil, Russia, and South Africa, amid Trump's tariff threats.06:56
  • Mozambique is strengthening its engagement with the BRICS grouping and expanding bilateral ties with key members like Russia, China, India, and Brazil.Fri 19:19
• Africa →

  continent

  • China and Russia are competing for economic influence in Africa, with Russia seeking deals while avoiding Western dependency.18:27
  • Africa Energy Bank was formally established in Abuja, Africa, with Helmy Ghazi appointed as its first president.17:42

Related events

• Ghana seeks BRICS partnership status amid parliamentary scrutiny, while Trump threatens tariffs on allies.Oct 18
• BRICS India Ministerial Meeting explored deepening trade and investment cooperation between member nations, including Egypt.Aug 7
• A summit was held on January 1, 2025, calling for expanded cooperation in trade and energy across Africa.Thu 23:42
• Continental rules governing digital trade have been established across Africa.Sep 7
• Emmanuel Macron hosted initiatives to promote trade and strengthen economic cooperation between France and Africa.Oct 10