ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Russia sends fertilizer to Malawi, aims to garner African support

The Russian government has donated 20,000 tons of fertilizer to Malawi as part of a broader effort to garner African support while strained for alliances in the West.

The Russian government has donated 20,000 tons of fertilizer to Malawi as part of its efforts to garner diplomatic support from various African nations.

Russia will give 260,000 tons of fertilizer to countries in the continent, Russian Ambassador to Malawi Nikolai Krasilnikov said at a handover ceremony Monday at the capital, Lilongwe.

He said he hopes African leaders will press for the abolition of international sanctions against Russia when they attend the second Russia-Africa summit to be held in St. Petersburg at the end of July.

RUSSIAN FOREIGN MINISTER MEETS WITH SUDANESE LEADERSHIP

The Russian manufacturer Uralchem-Ukalkali had produced the fertilizer and made the gift to Malawi, said Dmitry Shornikov, head of the firm's southern Africa branch, who also attended the handover.

The fertilizer should help Malawi achieve its goals of substantially boosting its agricultural production and helping families grow more healthy and nutritious food, said Shornikov.

MALAWI DEATH TOLL CAUSED BY CHOLERA OUTBREAK PASSES 1,000

Malawi’s minister of Agriculture Kawale said the fertilizer will reach 400,000 farming households and boost their agricultural production.

Also attending the event was a representative of the United Nations’ World Food Program.

Malawi voted to censure Russia at the United Nations last year for its invasion of Ukraine. More than 15 other African countries abstained from the vote.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.