https://www.youtube.com/embed/8KU4-rNyzpk The current insufficient supply of petroleum products across the world could continue or even worsen in the coming months, as the European Union proposes a…
Browsing: Russia-Ukraine Crisis
The Russia Embassy in the capital of Ethiopia, Addis Ababa, have noted that dozens of young Ethiopian men have been coming to express support for Russia.…
South Africa’s International Relations Minister Naledi Pandor has berated the United Nations, stating that its member states must not be allowed to deploy it in a partisan…
Global supply chain constraints, which began to ease in early 2022, are increasing again as headwinds from the Ukraine conflict and China’s Covid lockdowns intensify, causing…
Egypt’s Suez Canal Authority said Tuesday it will increase transit fees to 20%, up from the current 5%. The increase will cover vessels, including oil-laden tankers,…
The Central Bank of Egypt has raised the benchmark interest rate by 100 basis points today, citing global inflationary pressures and the Russia-Ukraine crisis as cause…
The central bank of Egypt is likely to raise interest rates next week and the North African country may need another IMF-funded program to tackle challenges…
The evacuation of Nigerian students stuck in Ukraine, following the Russian invasion, has sparked reactions across the world. The Nigerian Government had approved $8.5 million for…
https://www.youtube.com/embed/L1jypBWqvo0 With the combination of pandemics, inflation and now conflict; there are causes to worry about looming stagflation, not only in Africa but in global economies…
Millers in Zimbabwe have raised the prices of maize and flour as the ongoing Russia-Ukraine conflict has driven up global grain and fertilizer costs. The Grain…