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Ukraine war creates woes, but also an opportunity for Africa -AfDB pres

The African Development Bank (AfDB) is aiming to raise $1 billion to rapidly ramp up agricultural production in Africa and stave off a potential food crisis brought on by Russia’s invasion of Ukraine, its president told Reuters on Friday. But the war, which has sent commodities prices soaring, is also an opportunity for the continent to position itself as a natural gas supplier for Europe and a refuge for investors fleeing Russia. During the coronavirus pandemic, Africa has not seen infection rates and deaths on the same levels as many more developed regions.

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