The sanction against Russia has led to turmoil in the global oil and gas market, the supply of energy and agricultural products is at risk of interruption, and base metals and precious metals are also facing a shortage crisis.

Russia is one of the world's largest exporters of raw materials. The sanctions have brought Africa's mining industry back into the spotlight. For example, the world's largest nickel producer, Russia's Norilsk Nickel, has been a major supplier in the past; however, sanctions have left Russia, which supplies 10% of the global market, unable to meet world demand.

This supply gap presents opportunities for African nickel producers such as Zimbabwe and Botswana. Africa is rich in many bases and precious metals but the export infrastructure there is insufficient.

Through the effective use of these resources and the development of upstream and downstream industries, Africa may accelerate economic growth and create employment opportunities.