Africa Food Prices Are Soaring Amid High Import Reliance – Analysis
Published
Staple food prices in sub-Saharan Africa surged by an average 23.9 percent in 2020-22—the most since the 2008 global financial crisis. This is commensurate to an 8.5 percent rise in the cost of a typical food consumption basket (beyond generalized price increases).
Global factors are partly to blame. Because the region...