Month: March 2022

With many African countries highly dependent on imports of Russian and Ukrainian wheat, how will the war impact on the continent’s food security? In late February, when Africans living in Ukraine hurried their way to safety as Russian jets and infantry began their assault on Ukraine, African governments and institutions began scrambling to contain the …

Africa braces for food price inflation as Russia-Ukraine war continues Read More »

Having successfully vaccinated a significant proportion of its own population, Rwanda now aims to become a vaccine manufacturing hub through a deal with BioNTech  Rwanda’s health sector has been praised for its adaptability in the face of the Covid-19 pandemic, including the efficient rollout of vaccines and virus-suppression measures. By mid-February, nearly 7m Rwandans had …

Rwanda aims to forge vaccine production hub in BioNTech deal Read More »

African countries are poised to feel the pain of rising fuel and wheat prices, but trade and investment disruption will be more muted, say, analysts. Eight days into Russia’s full-scale invasion of Ukraine, the fallout of the war and unprecedented sanctions on Moscow are shaking global supply chains and financial markets. With Russia, a major …

How will the Russia-Ukraine war affect Africa? Read More »

At this difficult moment, the International Monetary Fund stands ready to help African countries address the repercussions of the war in Ukraine, says Kristalina Georgieva. Africa is particularly vulnerable to the impact of the Ukraine war but the International Monetary Fund (IMF) stands ready to help African countries address its repercussions, said IMF managing director …

Africa particularly vulnerable to impact of Ukraine war, says IMF’s Georgieva Read More »