Algeria has been authorised to become a member of the BRICS New Development Bank (NDB), the bank's president, Dilma Rousseff, said on Saturday.
President of the New Development Bank (NDB) Dilma Rousseff, Reuters/Esa Alexander
Algeria has been authorised to become a member of the BRICS New Development Bank (NDB), the bank's president, Dilma Rousseff, said on Saturday.
A multilateral development bank, the NDB was established by the BRICS group of developing countries - Brazil, Russia, India, China and South Africa - in 2015.
Bangladesh, Egypt, the United Arab Emirates and Uruguay were admitted as new members of the bank in 2021 as part of an expansion drive.
"We have a process to authorize new members to the bank ... Algeria was authorised to become a member of the bank," Rousseff told journalists on the sidelines of the ninth annual meeting of the bank in Cape Town.
Reporting by Wendell Roelf
Algeria's military-backed president is coasting towards Saturday's election all but certain to win five more years in a vote with no serious rivals after using higher gas revenues to splurge on social benefits.
Both sides in Sudan's civil war have committed abuses on a large scale which may amount to war crimes or crimes against humanity, a U.N.-mandated mission said on Friday, recommending an arms embargo and a peacekeeping force to protect civilians.
Tunisian presidential candidate Ayachi Zammel was released from police custody on Friday shortly after he was set free from a previous detention then re-arrested over alleged election-related irregularities, the state news agency TAP reported.
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