Addis Ababa, Ethiopia (April 2022) The impact of the Russia-Ukraine conflict is felt all over the world, but it is most apparent in African countries that import wheat and oil, says Zemedeneh Negatu.
In an interview with Xinhua Zemedeneh Negatu, chairman of Fairfax Africa Fund, a Washington-based global investment firm said The Russia-Ukraine conflict has a very significant, very immediate impact on many African economies that import wheat and other food products from Russia and Ukraine.
A majority of African nations are feeling the economic pain caused by the Russia-Ukraine conflict as the supply chain has been disrupted by the sanctions from the United States and its allies against Russia, according to zemedeneh Negatu.
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