Prices for basic staple food are back in the headlines—they are rising again. This is bad news for those among Africa’s poor who consume more food than what they can produce. Think especially of poor families living in cities: they spend the majority of their income on simple foodstuffs. Rising food prices are also having important macroeconomic impacts on many African countries since more and more food is being imported from the global market leading to worsening balances of trade. Just 5% of Africa’s imports of cereals come from other African countries. This issue is not going to go away. Demand for food will continue to increase, it is projected to double by 2020, and consumers will be increasingly located in Africa’s rapidly growing cities. . . . → Read More: Africa Can Help Feed Africa Report (PDF – 2 799Kb)
Chede Cooperative Union
Supporting African village communities in agricultural production, processing and trade