A consensus on promoting financial cooperation among the Global South countries was released on Thursday in Beijing at the 2025 Global South Financiers Forum. Hosted by Xinhua News Agency on March 19-21, the forum was attended by representatives from government departments, financial institutions and experts from more than 30 countries and regions. According to the Beijing Consensus document, attendees of the forum have explored the opportunities and challenges confronting the financial sectors of Global South countries. They discussed the role…

The main forum of the 2025 Global South Financiers Forum took place in Beijing on Thursday, with the theme of “Illuminating Global South.” African Times has published this article in partnership with Xinhua News Agency

The Russian Embassy in South Africa this week hosted a cultural event celebrating artistic collaboration and shared heritage, while reinforcing ties between BRICS nations and the Global South. The twofold occasion, blending a prestigious international photo exhibition with a cinematic homage to Russian folklore, underscored the deepening cultural diplomacy between Moscow and Pretoria. The evening opened with the launch of the 10th Andrei Stenin International Press Photo Contest Exhibition, showcasing works by photographers from Russia, South Africa, China, India, Myanmar,…

At the bustling Port of Abidjan in Cote d’Ivoire, cargo ships glide in and out as towering cranes hum with ceaseless activity. Once a bottleneck for trade, the port now stands as a symbol of transformation thanks to its recent expansion fueled by Chinese investment. This gateway to West Africa highlights Beijing’s deepening economic engagement with the continent, a dynamic partnership that is reshaping Africa’s trade and logistics landscape. Through the Belt and Road Initiative (BRI), Africa’s infrastructure has taken…

The release of a new artificial intelligence (AI) model, ironically, evokes a biblical memory. What has transpired in the past few days echoes the story of David versus Goliath, in which the massive and well-armed Goliath is defeated by the comparatively puny David, who comes to the battle with only his staff and sling.  The modern-day equivalent of David that has set the entire world talking is Chinese company DeepSeek, whose advanced open-source language model DeepSeek V3 provides an alternative…

The Brazilian government has published a document summarising the priorities of its BRICS presidency.  Two priorities are listed – cooperation in the Global South and partnership for social development – which are divided into six central areas: cooperation in global health, trade and finance, climate change issues, governance of artificial intelligence, reform of the multilateral peace and security architecture and institutional development. In the area of global health cooperation, the need for increased investment in research and production of medicines…

Chinese President Xi Jinping on Saturday sent a message to the 38th African Union (AU) Summit, extending warm congratulations to African countries and people. Experts from African countries noted that the message highlights China’s unwavering commitment to China-Africa relations and its steadfast support for Africa’s independence, self-reliance and development. They said that China-Africa relations will continue to serve as a model of South-South cooperation, as the two sides work together on the path to modernization. STRONGER GLOBAL SOUTH COOPERATION In…

Venezuela launches a new academic initiative to foster deeper cultural ties with Egypt through the Diploma in Advanced Studies on Egypt. This is reported by Daily News Egypt, a partner of TV BRICS. The programme, developed through a collaboration between the Egyptian Ministry of Foreign Affairs and the Centre for African, American, and Caribbean Studies in Caracas, provides an in-depth exploration of Egyptian history, culture, economy, and language. Since its inception, the diploma has attracted over 90 Venezuelan students across…

The Lomonosov Moscow State University hosted the International Scientific and Practical Conference titled “Russia, Brazil, and Africa: Strengthening Cooperation of the Global South”. The event, held in a hybrid format, brought together over 110 scholars from 25 countries. During the opening ceremony, Aleksander Berdnikov, Executive Secretary of the Russian-African Club at Moscow State University, highlighted the institution’s initiatives to preserve historical memory. As an example, he cited the installation of a monument in Moscow in 2024 dedicated to Nelson Mandela,…

First Deputy Foreign Minister of Belarus Sergey Lukashevich met with President of the New Development Bank (NDB) Dilma Rousseff. This is reported by BelTA, a partner of TV BRICS, with reference to the press service of the country’s Ministry of Foreign Affairs. The meeting was held at the NDB headquarters in Shanghai. The Belarusian delegation included representatives of the Ministry of Finance. It is noted that the parties discussed the development of financial mechanisms in BRICS, as well as the prospects…