prices

The World Food Program (WFP) is sounding the alarm about rising food prices in West Africa, a region already weakened by conflict. It could drive more than 31 million people to food insecurity as the lean season approaches. In West and Central Africa, WFP is calling avoid a "food disaster". More than 31 million people in the region are expected to become food safe in the region, a figure more than 30% higher than last year. And according to WFP, this figure represents the highest level in almost ten years. On average,…

Prices of imported basic products are still stable or rising in the Central African Republic, despite the gradual resumption of traffic on the corridor connecting Douala to Bangui. This is the case, for example, with the cement price, which has risen by more than 50% since the crisis began in December. "Here's the site,…

The cashew campaign is in full swing in West Africa, but production forecasts have been revised downwards as in India and Vietnam. As a result, prices are rising and Asia is expected to need African nuts more than usual this year. The misfortune of Asian cashew producers may well make their West African counterparts happy this year. Concerns are confirmed, the cashew nut campaign among the two major producers in India and Vietnam looks less promising this year. Probably for climatic reasons. As a result, Asian…

In the Central African Republic, the closure of the capital's main supply corridor has significant consequences for households. The prices of imported products have risen a lot and some traders sometimes take advantage of this to make even more margins. A price variation closely followed by the Central African Institute for Statistics and Economic and Social Studies - ICASEES - supported by the World…

In Madagascar, we are seeing an increase in the prices of basic necessities. During two weeks, in the markets of the capital, but also in the provinces, the kilo of different rice varieties, a commodity that forms the basis of the Malagasy diet, has increased from 200 to 400 ariary. Oil and sugar prices are also rising. An increase that worries Malagasy households, which have already been hit hard by the economic and social crisis caused by the Covid-19 pandemic. At the Analakely market in the center of the Malagasy…

Activities have been severely disrupted since the election, especially in the markets, and prices are feeling the effects. With our special correspondent in Conakry, Charlotte idracSitting on a bench in the Taouyah market, Moussa is waiting for customers. This grocery store sells "a little of everything", he says, blisters,…

Prices had risen by the end of the lockdown, as buses could only be half-filled to respect social distance. Despite a slight drop on October 14, they remained above prices before the coronavirus crisis. In Rwanda, the government on Wednesday night suspended a rise in transport prices that had sparked a wave of protests from the…

Nigeria is formally in recession for the primary time in additional than a decade, ending three years of low however optimistic progress. The African nation's financial system is closely depending on oil exports, however the coronavirus pandemic has lower international demand and the value of oil has fallen. That is unhealthy information for a rustic whose price range plans had been depending on getting a sure value per capita. Barrel, a value that now means Nigeria is promoting crude oil at a loss. Our correspondent…