Effects of Ukraine war in Uganda

The world is suffering Russia-Ukraine war and Uganda isn’t immune from the fallout on global economic activity. This has a bigger hand on the soaring commodity prices. The uncertainty has hit the healing wounds of the Covid-19 pandemic which had already disrupted trade and travel activities across the world. Russia is a major trade and investment partner with Uganda and Africa generally. In 2020, Uganda exported coffee to Russia worth US$ 4.3 million. Also, Uganda and Ukraine have trade deals like wheat, military hardware and education, especially in science studies. According to the Observatory of Economic Complexity, a global private…