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Forwarded from Sputnik Africa

BRICS is 'Future of Africa ​​& 'Counterweight to Financial Colonialism': Former South African President

Jacob Zuma urged African countries not to hesitate to join BRICS and other economic blocs to strengthen their economies, media reported.

Speaking at the University of Professional Studies in Accra, Zuma gave a speech titled "The geopolitics and geo-economics of de-dollarisation: BRICS currency strategy, lessons for Africa’s common currency and beyond."

👉 BRICS is "a critical system in changing the economic fortunes of developing countries," the former South African president stated.

"We have modelled our economies to serve other countries, but we have not had any substantial benefit. It is time to look elsewhere,” he noted.


For Zuma, BRICS signifies a challenge to the dollar's global power.

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