Much of Africa experiences global shocks through transmission. A conflict far away becomes more expensive for fuel at home. Higher fuel costs raise transport costs.
By
Cliff Bakashaba
Head of Investments
Jubilee Asset Management Limited
The recent ceasefire framework in the Middle East has given markets something they badly wanted; a reason to breathe. Oil prices have eased from their highs. Investors have responded positively.
The Iran war is confronting African economies with a brutal reckoning. Once again, most of the continent finds itself at the…
NAIROBI: The war in Iran is driving up jet fuel prices and worsening supply strains for African airlines, forcing carriers to…
The war in Iran is driving up jet fuel prices, worsening supply strains for African airlines. The African Airlines Association…
Africa contributes approximately three percent to global trade and paradoxically she is the primary supplier of raw materials.
Soaring oil prices have signaled fresh difficulties for African countries that are net fuel importers and that were just…
Even if tensions around the Strait of Hormuz ease, the crisis highlights a lasting shift: Africa is no longer a marginal player…
