Browsing: Russia and Ukraine war

Ukranian grains
  • The war between Russia and Ukraine and the impact it has on global grain exports—which feed billions each day—highlight the urgent need for mobilizing private funding to ensure food security. 
  • Citi Research shows that Ukrainian grain harvests and exports this year could be down as much as 50 percent on pre-war levels. Africa is highly dependent on grains from Ukraine.
  • Meanwhile, the April 2023 edition of the Agricultural Market Information System Market Monitor shows the gradual decline over the past 10 months of global grain and oilseed prices to levels prior to the war in Ukraine.

The devastating war pitting Russia against next door neighbour Ukraine and its stifling of global grain exports underscores the urgent need for mobilising private funding to provide food for the hungry in Africa, which has been depending on Kiev to feed her people.

This is the call-to-action from deVere Group’s CEO Nigel Green, and …