The easing of COVID-19 restrictions in many countries in early 2022 reinvigorated expectations for economies and a return to normalcy for supply chains. However, Russia’s invasion of Ukraine, China’s zero-COVID policy and the energy and food crises saw optimism for the global economy dwindle in the latter half of 2022 and into early 2023.
The war on Ukraine has caused rising fuel and food prices, inflation, and financial instability. As Africa heavily relies on the import of food, crops and oil from the warring parties, the Ukraine-Russia conflict has resulted in extreme price shocks and a disruption to the supply chains of various commodities across Africa. The poorest are the hardest hit as a large proportion of their consumption expenditure is on food and transport.
During the event we will explore the current global geopolitical situation, with a specific emphasis on the Ukraine-Russia conflict, and the impact this is having on different African regions and foreign investment into those jurisdictions. The panel aims to address any changes in the sources of foreign investment, challenges, and potential opportunities for further investment, for example: opportunities for the energy sector arising from the boycotts of Russian energy.
Running order:
5:00 - 5.30pm: Tea and coffee/networking
5.30 - 6.30pm: Panel discussion
6.30 - 7:30pm: Drinks reception
Speakers:
Partner - Infrastructure Projects & Energy | Addleshaw Goddard
Head of Financial Advisory | Africa Finance Corporation
Chief Strategist | IC Intelligence
General Counsel | Private Infrastructure Development Group (PIDG)
Partner - Finance | Addleshaw Goddard
M&A and Strategy Director, Global Beer & Africa | Diageo
