Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Experts Warn of "Famine" that May Hit  Africa due to   War in Ukraine


Mon 14 Mar 2022 | 10:41 PM
Ahmed Moamar

The world is facing a rapid rise in food prices due to the Ukrainian crisis, compared to the situation after the global financial crisis of 2008.

The interruption of crop supplies from Russia and Ukraine threatens to exacerbate the current situation.

"The repercussions of the Ukrainian crisis will hit different parts of the world," said Arif Hussain, chief economist at the United Nations World Food Programme.

Hussein explained that "the prices of grain and oil are rising rapidly, even exceeding indicators that have not been observed since the food and fuel crisis of 2008, according to the Guardian, a UK daily newspaper.

The newspaper pointed out that "food prices around the world were growing even before the situation in Ukraine worsened, and the climate crisis and the COVID-19  pandemic were cited as reasons for this, and these factors added the risk of disrupting the growing season in Ukraine and a temporary ban on grain exports from Russia."

Ukraine now accounts for 10% of the world wheat supply and 15% of the corn market.