Saturday, July 18

Industry and Trade

Based on the 2022 Global Report on Food Crises, Nigeria ranks among the ten nations with the most significant number of people in food crisis. www.theexchange.africa

Rising costs have remained a critical issue in the aftermath of the outbreak. Data from the World Bank/NBS Nigeria – COVID-19 National Longitudinal Phone Survey 2020 reveals that food prices rose rapidly following the pandemic. In March and April, basic food commodity prices increased by 17.2 per cent and 18.37 per cent, respectively. According to the National Bureau of Statistics (NBS), the rise remains the highest in two years.

Recent findings based on comprehensive and long-term monthly food price data have revealed considerable price rises for all chosen food categories during the pandemic. Imported rice and wheat costs, for example, have climbed by 41% and 21%, respectively.

Wheat prices surged by 21% nationally, with considerable increases in price dispersion across markets when the epidemic began, and prices continue to grow.

Wheat is the main component of bread and other products such as noodles, pasta, semolina, and other Nigerian pantry staples. The consumption of these items is higher in cities due to easier market access than in rural regions. Nevertheless, bread remains a major staple throughout the country.

Oil and Gas in Tanzania, Oil and Gas in East Africa, LPG in East Africa

According to The Citizen, storage capacity construction tender documents, Kenya looks forward to quickly loading cooking gas for truck distribution, which will likely cut demurrage costs.

“LPG storage capacity in Mombasa is limited and huge demurrage is incurred by LPG ships thus affecting the final consumer price of bottled gas,” read part of KPC tender documents” KPC tender document read in part.

As Tanzania continues to domesticate its natural gas and motivate healthy consumption from households to large enterprises, Kenya’s new LPG ambition stands to lower prices for LPG by 30 percent. At the same time, Tanzania looks forward to connecting LPG nationwide.

In April, Kenya revived the stalled subsidy scheme for affordable cooking gas, giving the LPG take up a shot in the arm.

Zimbabwe Medicines regulator permit Cannabis use in Medicines for the first time pic1

The Traditional Chinese Medicine (TCM) and Acupuncture Centre at the Parirenyatwa Hospital in Harare, the capital of Zimbabwe, has started training on TCM and acupuncture for the first batch of local health workers to meet the growing demand for Chinese medicine in the country.

According to Xinhua, the centre was established in 2020 as part of efforts to offer Zimbabweans affordable medical treatment and has in recent months seen a multitude of patients seeking medical attention free of charge

Zhu Wei, a TCM doctor and chief of the centre, said the three-month program aims to train a group of local health professionals who can provide an alternative medical option to Zimbabweans.

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