Africa faces new shock as Covid-19 and Ukraine conflict raise food and fuel costs
's African department, Abebe Aemro Selassie, told AFP he was "very worried" by the twin impact of food and higher fuel costs - something that was particularly felt in the great majority of African countries that are not oil or gas exporters."Fuel price increases feed into transportation costs, and people providing goods and services will raise their prices because they are now facing higher input costs," he said.
Africa is dependent on imports for 85 percent of its wheat consumption, and this dependence is especially high in Tanzania, Ivory Coast, Senegal and Mozambique.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
BVTV: China’s Africa debt move | Reuters VideoBeijing has joined the Paris Club in all but name by working with the Western creditor group to resolve Zambia’s $17 bln debt mess. Ed Cropley explains why a shift away from its normal bilateral approach is good for Lusaka, its private lenders, and other poor indebted countries.
Weiterlesen »
Africa is imperfect solution to Europe’s gas woesThe continent’s vast reserves and growing liquefied gas supplies can cut some of the bloc’s energy dependence on Russia. Yet lack of infrastructure, domestic needs and rigid contracts limit Africa’s ability to boost exports quickly. Political instability is a further headache.
Weiterlesen »
2022 Forbes Under 30 Summit AfricaMatteo Bergamini, Founder & CEO of Shout Out UK, spoke about the importance of changing the climate narrative in today's media climate at the ForbesUnder30 Summit in Botswana. Under30Africa
Weiterlesen »
Science in Africa: a continent on the cusp of changeHow can African countries better support junior scientists? Molecular geneticist Ifeyinwa Aniebo highlights three priorities.
Weiterlesen »
2 million children risk starving to death in Horn of Africa: U.N. aid chiefU.N. aid chief Martin Griffiths said on Tuesday that close to 2 million children risk starving to death as the Horn of Africa faces one of its worst droughts in decades.
Weiterlesen »
With species under threat, orphaned rhinos in South Africa have baby for 1st timeOver the past decade, rhino numbers have decreased dramatically. Now, it’s a race against time to save the species, which experts believe could become extinct within as little as five years.
Weiterlesen »