Russia/Ukraine war Archives

29 Jul

Leverage Russia-Ukraine War To Expand Gas Distribution To Europe – Ghana Gas Boss

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Dr. Benjamin K.D. Asante, the Chief Executive Officer of Ghana Gas Company Limited, has urged African leaders to seize the opportunity presented by the Russia-Ukraine conflict to expand gas distribution to Europe. Speaking at a public lecture at the Kwame Nkrumah University of Science and Technology’s College of Engineering, themed “Gas Commercialization: Fostering a Sustainable Petroleum Economy, Opportunities and Setbacks,” in the Ashanti Region Dr. Asante emphasised the need for investment in strategic proposals to achieve this goal. “Africa contributes about 10-15% of the total world gas production but uses only 5-6% throughout the continent,” Dr. Asante noted. “West Africa…

Russia-Ukraine War Is A Wakeup Call For Africa’s Food Systems – AGRA Boss

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Alliance for a Green Revolution in Africa (AGRA) president Dr Agnes Kalibata says the Russia-Ukraine war is a wake-up call for Africa’s food systems. She said the rising cost of food as a result of the war should make Africa realise that there are vast business opportunities in the food sector on the continent. Dr Kalibata said difficulties in importing food due to the war should encourage Africans to focus on the continent for its food needs. “The Russia-Ukraine war and COVID-19 crisis have been a wake-up call to help us understand how our dependencies on food can be easily…

Covid-19 And Russia/Ukraine War Are Not Only Contributors To Ghana’s Economic Woes – Fitch Solutions

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Fitch Solutions has dismissed the view that Ghana’s economic woes is largely due to the Covid-19 pandemic and the Russian/Ukraine war. According to the research and market information firm, the country’s debt had reached alarming levels even before the external shocks set in. Responding to a question at a recent Sub Saharan Africa Macroeconomic Update, Senior Country Risk Analyst, Mike Kruiniger said both external and internal shocks caused the macroeconomic imbalances in the country. “I think the answer is, it’s been aggravated by the Covid-19 pandemic and the war in Ukraine. Those two are not the only cost to Ghana’s…