Africa faces rising food prices amid Russia-Ukraine conflict

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Africa faces rising food prices amid Russia-Ukraine conflict

STORY: Africa faces rising food prices amid Russia-Ukraine conflict DATELINE: March 29, 2022 LENGTH: 00:02:10 LOCATION: Nairobi CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. STANDUP(English): LIU CHANG, Xinhua correspondent STORYLINE: STANDUP (English): LIU CHANG, Xinhua correspondent "According to the UN Food and Agricultural Organization, Russia and Ukraine are major global food producers and exporters. Experts are predicting an inflation and food price spike will hit Africa this year, as agricultural imports and supply chains in the region are blocked, and fertiliser and commodity prices soar. Wheat imports account for roughly half of Africa's 4.5 billion (U.S. dollars) trade with Ukraine, and for about 90% of the continent's 4 billion (U.S. dollars) trade with Russia, according to figures from the African Development Bank. Over 65% of Senegal's wheat imports come from Russia and Ukraine, and a number of bakers and consumers in Dakar said they are bracing for supply shortages and increased costs in the mont

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