Why African states are joining BRICS
Tuesday, November 05, 2024 | 300 Views |
Without much doubt, African States are increasingly showing skyline interest in BRICS+, primarily due to its distinctive-focused objectives, including global peace, the strategic development paradigms, food and energy security directions in the 21st century and beyond. Ultimately, African States are shrugging off relations with the Western and European world, alternatively settling for better beneficial economic cooperation and targeting to tap existing opportunities with countries in the Global South.
Researchers and policy experts have argued that the main aim within the association is to create conditions for the sustainable development for BRICS+ member countries and their people. There are other several factors or reasons, but for Africa, the central question remains what concretely these countries wanted to gain from BRICS+ association. This article explores some of the driving reasons.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...