Nigeria’s commercial capital is feeling the squeeze of a fuel crisis that has reached far beyond its shores. In Lagos, where thousands of small and medium-sized businesses depend on diesel-powered generators to keep their doors open, the recent surge in fuel prices is testing the resilience of entrepreneurs already accustomed to tough operating conditions. A […]
Lagos Businesses Battle Mounting Costs as Fuel Prices Climb Read More »
Ghana’s annual inflation rate climbed to 5.3% in June, up from 3.7% in May, according to the latest consumer price data. The acceleration reflects the continued pass-through of elevated fuel prices into broader cost categories, with transport fares, rent, and school fees identified as the main contributors to the monthly increase. Fuel costs continue to
Ghana’s Inflation Climbs in June Driven by Fuel Costs and Rising Transport Fares Read More »
As Iran war disrupts global oil markets, African nations from Ghana to Tanzania impose steep fuel hikes, with the World Bank warning of the continent’s largest energy price shock since 2022.
Fuel Prices Surge Across Africa as Iran War Disrupts Global Energy Supply Read More »
As the conflict between Israel and Iran escalates into what analysts are now calling the most consequential geopolitical crisis of the decade, African nations are discovering they are far from immune — even from a war being fought thousands of miles away in the Persian Gulf. The ripple effects of the Iran conflict are being
