Browsing: Kharkiv

As a gigantic energy superpower, Russia’s foreign direct investment (FDI) accounts for less than 1 per cent of Africa’s total FDI.

However, African Business argued that, with Russia being a small trading partner to Africa compared to the United States and China, the impact on trade would be marginal—yet few Africa developing economies such as Uganda will be more exposed.

Further, United Nations Conference on Trade and Development (UNCTAD) data show that Russia accounts for 2 to 3 per cent of Africa’s trade with the world—most of it is exports.

“Russia also accounts for 2 per cent of the world’s exports to Africa, and only 0.5 per cent imports from the continent” African Business.…

• More than 677,000 have fled Ukraine to Poland, Romania and other countries
• African students in Ukraine are facing racial discrimination at the border, reports say
• Around 20 per cent of student studying in Ukraine are African citizens
• Russia invaded Ukraine on 24 February

Ukraine—as occupied with the war against Russian invasion, the European nation has been an investment partner to Africa for a while. Sadly, that relationship could be at risk as the ongoing crisis unearths troubling events detrimental to both sides, as Africans in Ukraine face hell.

The first in Europe in proven recoverable reserves of uranium ores, Ukraine is not new to African business landscapes nor productive interaction with Africa and its citizens through trade and education.

Unfortunately, the European nation broiled into war holds around 20 per cent of African citizens as international students.

Read: Corporate Apartheid Real in South Africa?

Most of the students from Africa …