the, the, we uh, to bend to use they, yeah, in the more ruined campbell county in the republic of kenya. on today, we talk about a subject which is still a lie, the impact of the wall in ukraine in the continental buffer. sometimes when a world 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 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 debate that the will is become a proxy will, with ukraine, prosecute to 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, the more to us look on countries on net import, those of floods, eliza,

and when the wall commenced. ostrich on agriculture is suffering. and that coupled with climate change and with out front the lies which was affordable and which was being used in different parts of africa. we now know that the impact in a blue car 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. if your p a in different parts of west africa in northern fight or vice versa, because of the wall 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 use of software particularly for adoption of wheat and other grades. and this has come about not only because of the cost of transportation, but of the things that also happened because on the wall,

the cost of transportation on the insurance costs that are being labeled livid on companies is the transport fund to eliza from those areas that didn't freeze, and that has had that direct impact on the kind of money that is spent by countries for purposes of implementation. and that in my view, as also had a secondary impact. because when we don't have high quality on good quality flats, eliza, the net effect is that production has decreased and when production decrees is not in itself as hard home for effect in terms of 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 field that was getting into the was coming from russia and run says phil

has been disrupted, particularly the destruction of it. the distribution of it and countries which would otherwise have sold all a lot cheaper prizes, increasing the prize this because the russian oil is not as effectively available as it was. and even if it is available is at the premium and the premium is affecting many african countries. and the house is not the only victim. europe itself is a victim. what though, they don't say in terms of gas production, we know, for example, the digital pins are trying to get gus from nigeria through to new shit because they don't have all the quantities of gusts 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 and let us spend a little time to understand the dynamics of bites. you know, many african countries produced or died is effect. but many african countries also

do export the coal died, and that crude oil is then refined under the port that into the continent of africa . and this is where the country, such as the russia comes into the play. because when it's all is available in the market, then it does help to depress the wild market of wine. and in that way, it allows us, within countries to expend the money in areas which sometimes a lot more critical, such as how the site does 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 is surely easy and not robust tomorrow has indeed affected many african countries in a very major way. and i, i'm saying that when does happened use in quite

a number of interventions. i know for a fact that there are some presidents, not me, put in as i had several meetings with the african leaders in search. and one of the arguments a, one of the things that were discussed in searching is to mitigate the impact of the lot phones while on the particularly funds the nicer in a, in, in, in african countries because of the war in ukraine. and i'm aware that the russian government bid so of the grain on the deed of sunset lies to a number of african countries. and this was only really, to mitigate this situation. and i'm under was speaking because of the huge needs of african countries. such a guest jumped on only go a sofa, so from police it cannot mix pump on. the wall in ukraine is the wall that has and continues to have

a devastating impact on us. the con economy is and it will continue to do so. in addition to the direct impact on the economies, it also has your strategic implications because the western world is asking off what kind of countries choose sites 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, be 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, psyche attempts were made to comfortable dot to meet with a view to ensuring that very few african countries attended the meeting. but ultimately, the meeting did the place to reinforce the fact is that we have an economic

relationship which is critical to us and we must not allow a wall of this nature to disrupt. the other thing that is critical in this regard is in terms of lift up no knowledge of good 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 wall of costs, 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 remind you of countries such as the seal of hard to saw. so great. and i did indeed in the western part of africa, a number of african countries. i've had to look for grain elsewhere because the brain that was easily available under an affordable rate to them is no longer that much available. so this will, which we thought was to distance,

which we thought was due for is the wall was implications of mike made judge economic magnitude. and perhaps there is wisdom in looking at the economic impact of this particular war. the economic impact at the very beginning, i said the estimates now suggest that the costs of the wall in ukraine, the and also some countries g, d, p is going to be undermined by and this thing between 7 and 15 cent, in other words, would be i'd really reduction in g d p. 1 may want to ask for what reason and why. why is it being under mine that has brick it down, that has looked at a brief cartridge that we already talked about. many african countries are still net food importance and many african countries are also involved in conflict icon

save for a font, for example, the if c up yet because of the war in typically there was no meaningful. i'd like to have that took place. we can say for a fact that because of the war in so done, there was no meaningful. i'd reported 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 to have expended your money inductor. good number 2, because of the prosecution of well and the costs of the prize of on which is continuing to increase. and you have seen the so these of increase the costs of the all we have seen in the general area, the cost the volume 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 to the month of, of much of the 2020 full of click on cutting says well enough free for the own. a

free full on there was indeed the debate as to whether they should continue to the economies on the economic indices on the dollar of costs. now, the currency is 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 one on sees is that you'll see that the cost of importation of oil outside major implications in balance of payments in many african countries. and this in itself has led to the downward economic spirals. number 3, importation of goods, that's 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, the mosque or whichever on now,

imposing great prizes for those who i vote involved in the importation of this commodities in that part of the world. and it is becoming a lot more difficult to engage the ideas shown industry also so been affected in dr. good. it is becoming much more expensive to get into dop septa, because getting tickets into that part of the world for those who i, the business serve you know, or those way and gave the leisure travel that also has had a major impact. 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 very important. but for us in protest, and there is evidence that the tortoise coming from russia reduce the during this

period, which means that the junctions suffering in that you got a russian type spot. the 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 fiber vasic on the event west in bind, georgia the gum. yeah. 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 divisions in terms of their collaboration with an issue. and we see these under the use of the russia is going to see that on the in did is one of the countries in the brits with china and india and,

and highest amount 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 dot is, are useful development. you have also seen the continuation of russia, oswick a dialogue on meetings and particularly instruct you 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 they've gone slip continues, but we will continue this discussion good by the,

in the headlights or what not to international iran rejects to us. same as it was behind and alleged, sought to assassinate t american officials, including president elect donald trump. a german m, he lays bare white europe, is backing t, as in the conflict with russia power, i think it's all about your brains mineral resources. so he says, but piece of side as the economy is a respect and india demands bangladesh protected into communities, violence against a minority group rises and that the salvation makes the product with a ton of updates your top stores on this stuff today. that's a kick off of.