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Nigeria’s Import From Russia Falls By 92%
The foreign trade report of the National Bureau of Statistics for the third quarter of 2022 has shown that only N1.71 trillion worth of goods were imported from Russia in the quarter. This is coming after Nigeria’s imports from Russia crashed significantly, hitting their lowest this year, as the war in Ukraine continues. This was…
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How Much Does A Loaf Of Bread Cost In Your Country?
As the Russian/Ukraine war continues, food security around the world remains a real threat, but some countries have it worse than others. In Africa, food insecurity has increased by over 60% since the Russian invasion began, affecting the price of food made with staple ingredients like flour, wheat, sugar, salt and oil. If you eat…
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Africa Receives First Grain Shipment From Ukraine Since Russian Invasion
The United Nations has announced that a chartered ship loaded with Ukrainian wheat for millions at risk of starvation in Ethiopia has arrived in Djibouti. The bulk carrier, MV Brave Commander, which is carrying 23,000 tonnes of grain, docked in the Horn of Africa port city on Tuesday, two weeks after leaving a Black Sea…
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Can Climate Change Be Blamed For The Recent Rise In Illegal Immigration?
Experts have warned that climate change and insecurity, especially in vulnerable countries in Africa and Asia, are exacerbating illegal immigration to Europe through very dangerous routes. Between January and May this year, the European Border and Coast Guard Agency, also known as FRONTEX recorded the arrival of some 86,000 illegal migrants, 82% higher than in…
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Infographics: Here Are the Fastest-Growing Refugee Crisis In The World
A recently released global trends report by the UNHCR has shown that more than 100 million people have been forced to flee their homes due to conflict or climaxing effects of climate change. According to the UN, these displacements, as well as Russia’s invasion of Ukraine, are causing a worsening food crisis in countries already suffering economic…
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EU Pledges $630m to Africa As Food Crisis Worsens
As the war between Russia and Ukraine rages on, vulnerable countries in Africa and across the globe continue to suffer from a worsening food security crisis. The European Union recently pledged 600 million euros ($630m) to help these countries cope with their new realities. The funds include €150 million ($158m) in humanitarian assistance for African,…
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Infographics: 10 Most Neglected Refugee Crises In The World
While the world focuses on the impact of the war between Russia and Ukraine, Africa is becoming overwhelmed by starvation, prolonged conflicts and a slew of mass displacements of people across many countries on the continent. According to a new report by the Norwegian Refugee Council (NRC), Africa has the highest number of countries with…
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45 Countries Face High Risk Of Food Crisis
A study by Boston Consulting Group, a global management consulting firm, has shown that about 45 countries around the world are severely exposed to the Ukraine war-induced food crisis. BCG, in a report titled, ‘The war in Ukraine and the rush to feed the world’, said it explored in detail the multiple direct and indirect…
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Here Is What To Know About Algeria’s New Energy Deal With Italy
Following Russia’s invasion of Ukraine and the torrent of sanctions by world powers, countries like Italy have begun pushing to cut their reliance on Russian hydrocarbon supplies. Italian energy giant Eni and Algeria’s state-owned Sonatrach recently reached an agreement to boost both gas exploration and the development of green hydrogen in the North African nation, with hopes…
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How Much Is Libya Losing In Oil Field Shutdowns By Armed Groups?
Following mounting sanctions against Russia’s oil, the West has struggled with little success to contain a likely oil supply crisis, despite the surge in Brent crude price to over $109 a barrel. At the moment, the West is reliant on the boost in crude production and supply from OPEC and their allies as agreed in…