Is sub-Saharan Africa protected from the effects of Russia’s - TopicsExpress

Is sub-Saharan Africa protected from the effects of Russia’s currency crisis? Russia’s global trade partners, particularly those in emerging economies, are bracing for economic contagion. However experts suggest that because of the relatively low level of Russian demand for African goods, the continent will likely avoid significant economic impact. One prediction is that the flow of arms and military equipment – one of Russia’s most important sectors – will increase slightly, meaning more arms for Africa. But with Africa facing other challenges such as low commodity prices and tumbling crude prices, Russia’s crisis may be the least of Africa’s economic worries. #Russia #russianruble #economiccrisis #AfricanEconomy #armstrade See more:

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