Africa has moved on with unfair treatment - BRICS New Development Bank a new world trade alternative
In a significant declaration, President Akufo Addo of Ghana has emphatically asserted that Africa is no longer willing to tolerate unfair treatment in the global economic landscape. Ghana president speech during the BRICS Summit 2023, President Addo’s draw attention to the growing significance of BRICS - Brazil, Russia, India, China, and South Africa - as a compelling alternative for African countries seeking to diversify their trade and investment avenues. The BRICS consortium, known for its proactive stance on promoting equitable international trade, established the New Development Bank (NDB) to foster sustainable economic growth and infrastructure development. With Africa’s economic potential gaining momentum, the collaboration between the continent and BRICS through initiatives such as the NDB could prove pivotal in shaping the future of the African economy, offering promising prospects for increased investment, heightened economic growth, and reduced dependency on traditional global economic powers.
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