![]() Wagner leader's appearance tells us a lot Putin's offer of free grain represents less than 1% of their requirements. Since the start of the Black Sea Grain Deal, Ukraine has exported over 30 million tonnes of grain to Africa. In an effort to placate African concerns, President Putin used his opening address to promise free grain to six affected countries.īut his offer of 50,000 tonnes falls well short of the African need. It is no coincidence that only 10 days ago Russia withdrew from the Black Sea Grain Deal and started targeting Ukrainian grain, thus reducing global supply and increasing grain prices.įor the West, the main impact might be a modest increase in bread prices, but for the world's poorest countries the impact will be devastating.Īfrican nations are likely to be the hardest hit. Last year 43 African nations were represented at the conference however, this year only 17 are attending. ![]() ![]() Russia is hosting the annual two-day Russia-Africa Conference in St Petersburg. ![]()
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