NAIROBI, Kenya, 17 May, 2022 -/African Media Agency/-Introduction Russia launched a full assault on Ukraine, its southwest neighbour, on February 24, 2022, marking a significant escalation in the ongoing Russian-Ukrainian conflict. Both countries are major producers of crucial energy and industrial commodities such as oil, gas, aluminium, palladium, and nickel.
Within the Built Environment, over 55% of the population on the continent lives in slums. The African Development Bank estimates that the continent’s infrastructure financing needs will be as much as $170 billion a year by 2025, with an estimated gap of around $100 billion a year.The conflict has had clear effects on Africa, primarily due to the two countries’ role in supplying vital essential commodities that support the infrastructural and socio-economic sectors of the region.
Additionally, the conflict has resulted in a shortage of coal, which is a crucial source of energy in cement production through clinker manufacturing. However, this can only be achieved by ramping up their production and improving the related infrastructure. Additionally, financing is also needed to achieve this ambition, which could be hampered by the recent pledge at COP26 to stop funding overseas gas projects. This commitment does not consider the dire situation of energy access in Africa, where an estimated 600 million people lack access to energy.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
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