Keep an eye on Ukraine war

war

Effects of shelling in Chasiv Yar, near Bakhmut, amid the Russian invasion of Ukraine on March 21, 2023. 

Photo credit: File | AFP

This is the season of putting out forecasts and economic outlooks for Africa in the New Year. If you asked me to name one international crisis that will continue to exert the most adverse pressures on the economies of Africa this year, I will flag the Russia- Ukraine war.

I have read many forecasts for the continent and remain surprised that the impact of the war in Ukraine on the macroeconomics of the continent is receiving inadequate articulation.

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