A wake-up call for Africa to increase inter-continental trade

ByJoy

May 18, 2022

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Alarm bells

By Chema Triki

Head of Industrialisation at the Tony Blair Institute for Global Change

By Rania Ramli

Researcher, Tony Blair Institute for Global Change.

Posted on Wednesday, 18 May 2022 15:29

A worker collects wheat at the Benha grain silos, in Al Qalyubia Governorate, Egypt, May 15, 2022. REUTERS/Shokry Hussien

Over the past couple of months, Russia’s invasion of Ukraine has severely disrupted the supply of essential crops to Africa and led to significant price increases for agricultural goods and energy, with prices skyrocketing across the globe.

Most of Russia’s imports to Africa are agricultural goods, with 90% of these agricultural goods being made up of wheat and 6% from sunflower oil in 2020. Similarly, 48% of Ukraine’s agricultural exports to Africa were made up of wheat and 31% of maize.

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