Uganda Joins BRICS As Partner Nation, Paving the Way for Increased Trade and Investment

October 24, 2024--Uganda has officially joined BRICS (Brazil, Russia, India, China, and South Africa) as one of 13 new partner nations in a move set to reshape its international trade and investment prospects.
By aligning with the BRICS alliance, Uganda is positioning itself to benefit from deeper economic ties with some of the world's largest emerging markets.

Other nations joining as BRICS partners include Algeria, Indonesia, Turkey, Nigeria, and Vietnam, as the group seeks to expand its global influence and foster a more balanced, multilateral trade system

Economic Growth is Speeding Up in Africa, but Uncertainty Clouds Outlook

April 23, 2025—Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and investments as inflation cools down and currencies stabilize.

Africa's Opportunity in a Fragmenting Global Economy

April 9, 2025--The global trade landscape is shifting dramatically. With the U.S. imposing new tariffs on key imports with countries already planning retaliation, the world is edging deeper into a long-term trade war. This is not just a bilateral dispute. It signals the acceleration of a broader move away from open globalisation toward protectionism and economic nationalism.