Soaring food prices threaten to stoke 'unrest' in Africa, IMF warns

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Soaring food prices threaten to stoke 'unrest' in Africa, IMF warns
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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.

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