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March 27, 2023

Tag: slumping trade: How the war in Ukraine could hit Africa – CNN

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Higher food prices and slumping trade. How the war in Ukraine could hit Africa

African economists sound the alarm over a looming and likely catastrophic lowering of trade volumes between the continent and its warring partners if Russia’s widely condemned incursion into Ukraine isn’t short-lived. Russia and Ukraine are key players in the global agricultural trade, with both nations accounting for a quarter of the world’s wheat exports, including

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