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World Business Report: First broadcast 02/06/2022 14:32 GMT : UN warns African countries face an "unprecedented" food crisis

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UN warns African countries face an "unprecedented" food crisis

First broadcast 02/06/2022 14:32 GMT 

First broadcast 02/06/2022 14:32 GMT : UN warns African countries face an "unprecedented" food crisis

BBC World Service - World Business Report, UN warns African countries face an "unprecedented" food crisis

Russia's invasion of Ukraine has led to a surge in the cost of food and fuel

Russia's invasion of Ukraine has led to a surge in the cost of pretty much everything, food and fuel, in particular

African nations usually import almost half of their grain from Ukraine and Russia, along with significant amounts of fertiliser and vegetable oils, but following the invasion of Ukraine, Russia has captured some of Ukraine's biggest seaports and is blocking Ukrainian shipments. We hear from the BBC's Mohammud Ali in the Kenyan capital Nairobi and Ollo Sib who works for the UN World Food Programme in Senegal's capital Dakar. Sri Lanka has been hit hard by the surge in global inflation and its reserves of foreign currencies - used to pay for imports - are dwindling. So to preserve its foreign exchange, Colombo has just increased import taxes on a wide range of goods. We get more details from Dimuthu Attanayake, a journalist in Sri Lanka's capital Colombo. The nations that make up the oil cartel Opec - along with Russia - have just said they'll increase the amount of oil they produce over the next couple of months. We hear more from Amena Bakr, chief Opec correspondent for Energy Intelligence. The UK is now in the midst of a four-day long weekend to mark Queen Elizabeth the Second's Platinum Jubilee, celebrating 70 years on the throne. For those wanting to throw a celebration fit for a queen, you might look for a literal royal stamp of approval - or royal warrant - that you can find on a very select number of products - the BBC's Victoria Craig brings us an extended report. (Picture of a Nairobi food market via Getty Images).

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First broadcast 02/06/2022 14:32 GMT : UN warns African countries face an "unprecedented" food crisis

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