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 at least 14 percent of corn exports in 2020, and a joint 58 percent of global sunflower oil exports in the same year, analysis show.
Trade between African countries and the former Soviet neighbors, especially Russia, has…