BRICS Expansion in 2026: ‘We Want More African Nations in BRICS!’
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最新报道：The BRICS alliance has expanded from five to eleven members, with Saudi Arabia joining in July 2025, and 32 nations now seeking membership. African nations like Nigeria and Angola are potential candidates, following Egypt's 2023 entry, as South African Minister Ronald Lamola advocates for greater representation. The New Development Bank's local currency strategy, financing 30% of projects in members' currencies, reduces dollar dependency, with $32 billion allocated across 96 projects since 2016. Despite internal divisions over expansion pace, 23 countries, including Bahrain and Turkey, have applied, driven by energy cooperation and alternative financing. UN Secretary-General António Guterres criticized Western-dominated financial systems, as BRICS challenges dollar dominance amid Western pushback.
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