BRICS & Africa 1 article

BRICS & Africa examines African participation in and engagement with the BRICS grouping, with particular attention to New Development Bank finance, South-South cooperation, trade, investment, institutional expansion and debates over global economic governance. It differs from general multilateral diplomacy because the emphasis instead falls on focusing on BRICS institutions and the economic relationships attached to them.

Economy

Zambia targets US dollar phase out with strict new currency rules

October 7, 2026, 3:46 PM

Zambia is moving to restrict the use of the US dollar in domestic transactions, signalling a decisive shift towards local currency and echoing BRICS-led de-dollarisation trends.