President Vladimir Putin hosts BRICS meeting in Russia, showing West that Moscow is not isolated
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October 22, 2024
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The leaders of China, South Africa and India arrived in Russia on Tuesday for the BRICS summit of emerging economies. The meeting will see president Vladimir Putin host more than 20 heads of state, in a move that defies expectations that the Ukraine war and sanctions would isolate Russia. Read More Africanews RSS
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Global South experts see BRICS expansion as positive
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October 21, 2024
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Experts from 40 think tanks were speaking at a Global South meeting ahead of the BRICS summit in Russia from 22-24 October. Read More Africanews RSS
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16th BRICS summit: a test of Moscow’s influence in world affairs
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October 21, 2024
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Russian President Vladimir Putin is set to host leaders for the 16th annual BRICS summit, on teusday aiming to demonstrate that Moscow remains engaged on the global stage showcasing BRICS coalition as a counterbalance to Western influence in international politics and trade. Read More Africanews RSS
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Putin says BRICS countries will drive economic growth in coming years
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October 21, 2024
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He was speaking at the bloc’s business forum which comes ahead of the BRICS summit in the Russian city of Kazan from 22-24 October. Read More Africanews RSS
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Egypt increases fuel prices by 10% to 17%
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October 18, 2024
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Egyptians have been grappling with soaring inflation as they navigate rising daily costs that reached another high over the summer including a previous 10% increase in fuel prices, a hike in subway fares and the local currency sliding against foreign currencies. Read More Africanews RSS
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Russia’s Putin praises economic growth of BRICS countries, says they are exceeding G7
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October 18, 2024
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Putin noted that the total GDP of the members of the BRICS association is more than 60 trillion dollars and that its total share in the world gross product “confidently exceeds” the corresponding indicators of the G7 group. Read More Africanews RSS
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Egypt’s Economy Hard Hit by Gaza War [Business Africa]
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October 17, 2024
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The Egyptian economy, already struggling for several years, has been severely impacted by the war in Gaza. The escalation of the conflict between Israel and its neighbors has become yet another obstacle to economic reforms and development in Egypt. Read More Africanews RSS
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Women entrepreneurs face financing hurdles in agriculture, FAO program offers solutions
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October 15, 2024
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Through initiatives like EWAT, women like Augustina and Asma are gaining the tools and knowledge needed to overcome structural barriers and expand their businesses in the agriculture sector. Read More Africanews RSS
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24 countries’ leaders to come to BRICS summit in Russia, Kremlin says
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October 14, 2024
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Russian President’s foreign affairs adviser Yuri Ushakov said Thursday that 24 leaders have confirmed their participation in a summit of the BRICS bloc of developing economies set to be held in Kazan later this month. Read More Africanews RSS
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World Bank cuts 2024 growth forecast for Sub-Saharan Africa over Sudan
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October 14, 2024
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…the region’s recovery is slow, but inflation is going down in many countries. Read More Africanews RSS
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