CAIRO - 24 August 2023: South African President Cyril Ramaphosa declared an invitation to Egypt, Argentine, Saudi Arabia and UAE to be full members at BRICS. South African Minister of Small Business Development Stella Tembisa Ndabeni-Abrahams said small and medium sized enterprises are vital for changing the current economic situation in Africa. She said If heads of state and the business council of BRICS prioritized small businesses, the economic situation in African countries will completely change. Africa's GDP stands at dlrs 1.4 trillion, she said, noting that if policies changed to encourage cooperation among African countries, the African free trade zone agreement will be spearheaded. The minister said a number of African countries managed to encourage entrepreneurship, citing Nigeria, Kenya and Ghana as examples in this regard.

Source: Egypt Today August 24, 2023 16:03 UTC