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Africa is hurting again from a global crisis it had no part in starting
Fuel prices in Lagos rose nearly 35% since the Middle East conflict began, while Kenya's flower industry loses up to $1.4 million weekly due to disrupted shipping, UNCTAD reports.
- Millions of Africans face economic hardship as the Iran war, which began Feb. 28, continues to disrupt fuel supplies and raise costs for households like Lagos taxi driver Adegbola Isaac.
- A 2025 UNCTAD report describes Africa as "the epicenter of overlapping global crises," with more than half of the continent's trade dependent on five non-African countries. Kenya imports all fuel from the Middle East, particularly the United Arab Emirates.
- Fuel prices in a Nigerian city hit 1,350 naira per liter, a nearly 35% increase since the war started. Kenya's flower industry reports weekly losses of up to $1.4 million due to demand declines and shipping disruptions.
- The Dangote refinery this week completed 12 shipments of refined products to Ghana, Cameroon, and Tanzania. Kenya's government plans to increase ethanol fuel blending from 5% to 20% in response to shortages.
- Diplomatic efforts focus on the Strait of Hormuz, where the United Nations on Friday pursued fertilizer transit to build confidence in wider peace talks. Experts say Africa remains critically exposed to global shocks despite having no role in starting these conflicts.
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21 Articles
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Africa is hurting again from a global crisis it had no part in starting
Africa is hurting again from a global crisis it had no part in starting. The world’s fastest-growing continent is reeling from the economic impacts of the war in Iran.
·United States
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Total News Sources21
Leaning Left8Leaning Right0Center11Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 42%
C 58%
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