Russia-Ukraine Conflict Expected to Affect Africa's Metals & Minerals Sector

NEW DELHI--February 28, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--The Russia-Ukraine crisis is going to have a ripple effect on the African metals and minerals sector by blocking funds for capital projects throughout the continent. The diplomatic ties between Russia and African nations are under a test with the conflict. South Africa has investments in Russia amounting to nearly 80 billion South African rand ($5 billion), while Russian investments in South Africa total around 23 billion rand ($1.5 billion).