Russia-Ukraine conflict affects Africa's wheat, oil importing countries most: business leader

STORY: Russia-Ukraine conflict affects Africa's wheat, oil importing countries most: business leader DATELINE: April 19, 2022 LENGTH: 00:01:28 LOCATION: Addis Ababa CATEGORY: ECONOMY/MARKET SHOTLIST: 1. various of general views 2. SOUNDBITE 1 (English): ZEMEDENEH NEGATU, Chairman of Fairfax Africa Fund, a Washington-based global investment firm 3. SOUNDBITE 2 (English): ZEMEDENEH NEGATU, Chairman of Fairfax Africa Fund, a Washington-based global investment firm STORYLINE: A business leader has said that the impact of the Russia-Ukraine conflict is felt internationally, but it affects wheat and oil importing African countries most. SOUNDBITE 1 (English): ZEMEDENEH NEGATU, Chairman of Fairfax Africa Fund, a Washington-based global investment firm "A majority of African countries are feeling the pain, the economic pain of this Russia-Ukraine conflict. Food, oil prices and other commodities' (prices) are going up. There are now a lot of restrictions about trading with Russia. So many other items, like oil pri

ETHIOPIA-ADDIS ABABA-BUSINESS LEADER-INTERVIEW

ETHIOPIA-ADDIS ABABA-BUSINESS LEADER-INTERVIEW

(220419) -- ADDIS ABABA, April 19, 2022 (Xinhua) -- Zemedeneh Negatu, chairman of Fairfax Africa Fund, speaks in an interview with Xinhua in Addis Ababa, Ethiopia, April 12, 2022. TO GO WITH "Interview: Russia-Ukraine conflict affects Africa's wheat, oil importing countries most, says business leader" (Xinhua/Michael Tewelde)