Browsing Tag

prices

Guineans are worried about sky-high prices

In Guinea, a few weeks before Ramadan, in a country that is more than 85% Muslim, women challenged the head of state, Colonel Mamadi Doumbouya, about the high cost of living and suffering in the household basket, on March 8. The head of state immediately urged…

the government wants to lower prices

The talks between the Ministry of Economic Affairs and the employers seem to be bearing fruit. Already some progress can be observed. The new air fares have thus fallen between 40% and 70%. as reported from Kinshasa, Kamanda Wa KamandaFrom now on, it will cost about $ 224 for a single ticket from Kinshasa to Lubumbashi, the…

rising costs within the markets of Béni, certainly one of

Within the Democratic Republic of the Congo (DRC), the outbreak of violence in Beni's territory is critically affecting the economic system of the area. Farmers are abandoning their fields for areas which can be thought of safer. Consequence for instance: rising market costs in the town of Beni. Consumers and sellers hope for elevated safety.…

Food prices skyrocket

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,…

the rise in prices on construction sites for cement blocks

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,…

West African cashew costs are rising

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…

Disaster and sky-high commodity costs

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…

rising prices for basic food

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…

companies reopen with rising prices

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,…

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