Despite the fact that the war between Russia and Ukraine is taking place in the eastern part of Europe, it will have far-reaching implications on Africa’s economy for many years to come.
Already everyone is feeling the effects of this savage war. It is starting to hit the pockets of citizens across the world. In Kenya, for example, fuel prices have gone up Sh5 a litre. The increase has affected virtually every sector, including transportation and agriculture triggering inflation.
