tv Lumumbas Africa RT November 7, 2024 7:45pm-8:01pm EST
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the, we keep bend to use they, he, i, in the, maureen campbell county and the republic of kenya. and today we talk about a subject which is still alive. the impact of the wall in ukraine in the continental wasik. sometimes when i was, begins in distant lands, you assume that you would never be affected. many africans did not for one moment. imagine that i was being prosecuted many thousands of miles away would have a great impact on the economies of africa. estimates on now in the public domain indicating that the economy of africa overall was sofa
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by innocent between 7 and 10 percent reduction in the g. d. p is because of the war that is going on in you freight on 1 may wonder how many of us knew that we was benefiting from 5 to eliza from grange and from all in that region, from russia and ukraine. and we did not imagine that when the will commence, it would have the impact that the toes. it is now accepted beyond the debate that the wall is become a proxy will with ukraine prosecuting a wall at the behest of western powers and a war that one thought would and very quickly is already getting in to its 2nd dia. and the impact is huge. we must remind ourselves, for example,
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the most of the country is on net import. those of such a lies. and when the wall commenced, ostrich on a group car is suffered. and that coupled with climate change and with out front a lies which was affordable and which was being used in different parts of africa. we now know that the impact in agriculture is monumental. we have had the efforts being made to ensure that that is mitigated, but i know for a fact, for example, you can yeah, in, if you're in different parts of western africa in northern fight or vice versa, because of the war and because of the disruption many countries did not get fund to allies in the quantity that they thought they would with the consequent that the years of suffered, particularly in the production of width and the grades. and this has come about not only because of the cost of transportation,
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but as of things of also happened because of the wall, the cost of transportation on the insurance costs that are being labeled livid on companies, the transport fund to eliza from those areas. as in fees, and that has had that direct impact on the kind of money that is spent by countries for purposes of implementation. and that's in my view, as also had a secondary impact. because when we don't have high quality on good quality, fletcher lies the negative effect is that production has decreased on when production decrees is not in itself as hot hum for effect in thumbs up for adoption and diversification of inputs. the other thing that has the reason because of the will in ukraine, is the cost of fuel. we know that a lot of feel that was getting into the was coming from russia and russia as phil
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has been disrupted, particularly the disruption of it, the distribution of it, and countries which would otherwise of sold all a lot cheaper prizes in pleasing. the a prize this because the russian oil is not as if they'd be available as it was. and even if it is available, is at the premium on that premium is affecting many african countries on the house . okay. it's not the only victim. europe itself is a victim, although they don't say in terms of gas production, we know for example, the pins are trying to get gus from nigeria through to new shit because they don't have all the quantities of gus that they were getting from russia is not as a coming in the amount of that it was. so we see that in that particular area, a lot of things have been impacted on. let us spend a little time to understand the dynamics of bites. you know many african countries
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for do use. why that is effect best many outspoken countries, all so do export the co di and that crude oil is then refined under the port, the input, the continental voskus. and this is where the country, such as the russia comes into the play. because when it's oil is available in the market, then it does help to depress the wild market of oil. and in that way, it allows us look on countries to expend the money in areas which sometimes a lot more critical, such as how it cycles education. so the fact that the russian odd is no longer in the market in the manner in which you ought to be. and it usually is in that robust model has indeed affected many african countries in a very major way. and i, i'm saying that when does happened, you've seen quite
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a number of interventions. i know for a fact that there are strong presence, not me, put in as odd several meetings with the african leaders in search. and one of the arguments, one of the things that were discussed in searching is to mitigate the impact of the not phones while on the particularly fonts, a nicer in a, in, in, in african countries because of the war in ukraine. and i'm aware that the russian government did offer a grain on the deed of a fund to eliza for a number of african countries. and this was only really a to mitigate the situation. and i'm under was speaking because of the huge needs of african countries. such, such a guest jumped on only go a sofa. so from people really it cannot mix pump on. the wall in ukraine
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is the wall that has and continues to have a diverse states, things impact on us to come economies and it will continue to do so. in addition to the direct impact on the economies. it also has your strategic implications because there was done was, is asking off with the countries to choose sides and choose sides whether they have with ukraine or whether they have with us. and i know quite a number of african countries that i've come out and said that in this regard, via neutral some of them, i've said we are in this. and we are not going to be told what it is that we are going to do in terms of really defining our relationship. i know for a fact that when the meeting was being held in, selection attempts were made to comfortable dot to meet with a view to ensure that very few african countries attended the meeting. but ultimately,
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the meeting did the place to reinforce the fact that we have an economic relationship which is critical to us. and we must not allow a wall of this nature to disrupt. the thing that is critical in this regard is in terms of with technology transfer, we know that quite a number of african countries, wayne gauge, and specifically with the russia in the area of agriculture. and because of this will of cause, what has happened is that it has become necessary for africans to look full importation of grain from other areas. i know for a fact that a countryside just to mind the country such as the seal p, a, i've had to saw some great. and i did indeed in the western part of africa, number of african countries, i've had to look for grain elsewhere because the brain that was easily available and at an affordable rate to them is no longer that much available. so there's war,
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which we thought was to this done, which we thought was do saw is a, was implications of mike made judge economic magnitude. and perhaps there is wisdom in looking at the economic impact of this particular well, the economic impact at the very beginning. i said the estimates now suggest that because of the wall in ukraine, the and also some countries g d p is going to be on the mind by and this thing between 7 and 15 cent in other words, don't be i'd really, really adoption in do you need the one they want to ask for what reason and why. why is it being undermining that has brick it down that has looked at a brief cartridge that we have already talked about. many off within countries are
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still net food importance and many african countries are also involved in conflict icon save for a font. for example, the if see up yet because of the war in typically there was no meaningful. i predicted that took place. we can say for a fact that the costs of the war in so done, there was no meaningful. i'd like to that took place. and because of that, coupled with the fact that you now have the import, much more expensive grain, you like spending more of your money in an area that you are not love expended your money in that regard. number 2, because of the prosecution of well on because of the prize of on which is continuing to increase. and you have seen the saudis of increase the cost of the on the i've seen in the general area, the cost of oil that's gone down. we have seen the impact, we don't want to say, but from the month of january, the 2020 full, to the month of may, the month of, of march,
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the 2020 full of click on cutting says well enough free for the own. a free full and there was indeed the debate as to whether they should continue to the economies on the economic indices on the door of cos. now the kindest ease of started improving, okay, but not in itself is also traceable among other things because there is not a single factor that you can say that this is it. but among other things, what, what on seas is that you'll see that the cost of importation of oil has had major implications in abundance of payments in many african countries. and this in itself has led to the downward economics file number 3, importation of goods as also become very expensive because the longer loops are now being taken when you are importing products. and many of them may just shipping companies with the,
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the mosque or whichever on now imposing great prizes for those wind bull involved in the importation of this commodities in that part of the world. and it is becoming a lot more difficult to engage the vision industry also so been affected in dr. good. it is becoming much more expensive to get into that set the big cost. uh, getting tickets into that part of the world for those who i the business serve, you know, or those who engage the laser of travel that also has had, i made james. but the thing that we don't talk about in terms of the impact of the will in ukraine is tories. many people may not know, but many african countries. in fact, i knew for a fact that the show me the shape in egypt became a very important but for us and protest. and there is evidence that the
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3rd is coming from russia reduce the getting busy period. which means that the junctions are suffering in that regard. and i shouldn't have thought to actually coming to the eastern part of africa, indesign zebra. in nigeria, we were actually getting shot. the planes that were beginning to come with based on part of africa and even west in bind, georgia the gulf view. all these things have been affected. and all these fucking task when joined, only solved to undermine the economies of africa in a major way. but there is also another thing that we must talk about that studies vault of the war in ukraine, african governments. i've also made very interesting the vision in terms of the collaboration with it as you. and we see these under the use of the russia is going to see that on the did is one of the countries in the groups with china
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and india. an enhancement of economic collaboration is beginning to acquire a different face on some of us who think the trade should be on the basis of which while it the on the quality think the that is a useful development. you have also seen the continuation of russia aust. luca dialogue on meetings and particularly and so on. one looks to relationship that is symbiotic, but it cannot be gained said that the impact of the war in ukraine as hard it's adverse effect. thank you very much. we have had a discussion about a very important subject. it is a subject that is still alive because the conflict continues that we will continue the discussion good by
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