NIGERIA-UKRAINE-RUSSIA-CONFLICT-AFRICA-ECONOMY
Roadside vendors display yams and fruits for sale in Lagos, Nigeria's commercial capital, on March 14, 2022. - From Nigerian airlines to Malawi bakers, African countries are feeling the pain of Ukraine's crisis as supply disruptions hike inflation and oil prices push up fuel costs.
Global oil prices touched ten-year highs of more than $100 a barrel soon after Russia invaded Ukraine, doubling diesel prices for African countries like Nigeria.
Ukraine and Russia are both major suppliers of wheat and grains to Africa and Western sanctions and disruptions are already hiking costs across the continent. (Photo by PIUS UTOMI EKPEI / AFP) (Photo by PIUS UTOMI EKPEI/AFP via Getty Images)
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1239230184
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AFP
Date created:
March 14, 2022
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