Soaring food, energy prices risk 'social unrest' in Africa: IMF

Soaring food, energy prices risk 'social unrest' in Africa: IMF
MAP
Thursday 28 April 2022 - 14:13

Surging food and energy prices stoked by the war in Ukraine could lead to “social unrest” in Africa, the International Monetary Fund (IMF) warned on Thursday.

A sharp increase in food and fuel prices could “undermine food security in the region, raise poverty rates, worsen income inequality, and possibly lead to social unrest”, the IMF said in its annual Regional Economic Outlook for sub-Saharan Africa.

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