• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
The Impact of Inflation on West Africa's Jollof Rice: A bowl of rice and a spoon on a gray background.

Exploring the Impact of Inflation on West Africa’s Jollof Rice

05/23/2023
What tariffs has Trump announced and why?

What tariffs has Trump announced and why?

09/18/2025
Hands holding a digital globe surrounded by global business icons. Goenvi Technologies. - Supply Chain News

Goenvi Technologies Nominated for the Go Global Awards 2025

09/18/2025
Kamsiparts Automotive Nominated for Go Global Awards 2025 in London

Kamsiparts Automotive Nominated for Go Global Awards 2025 in London

09/17/2025
Sow Property Consult Limited: Driving Excellence in Transport and General Trading

Sow Property Consult Limited: Driving Excellence in Transport and General Trading

09/17/2025
Esusu Africa: Advancing Digital Financial Inclusion Across Nigeria

Esusu Africa: Advancing Digital Financial Inclusion Across Nigeria

09/17/2025
B.Est Solutions Estonia Nominated for the Go Global Awards 2025

B.Est Solutions Estonia Nominated for the Go Global Awards 2025

09/17/2025
Emerge and Rise Nominated for the Go Global Awards 2025

Emerge and Rise Nominated for the Go Global Awards 2025

09/17/2025
CODERS Nominated for Go Global Awards 2025 in London

CODERS Nominated for Go Global Awards 2025 in London

09/17/2025
Ecom Global Systems ShipCycle Nominated for the Go Global Awards 2025

Ecom Global Systems ShipCycle Nominated for the Go Global Awards 2025

09/17/2025
Adam Consulting Service LLC Nominated for Go Global Awards 2025 in London

Adam Consulting Service LLC Nominated for Go Global Awards 2025 in London

09/17/2025
U.S. Reviews Potential New National Security Tariffs on Auto Parts

U.S. Reviews Potential New National Security Tariffs on Auto Parts

09/17/2025
OLAINUKAN GLOBAL BUSINESS SERVICES LIMITED Recognized Ahead of the Go Global Awards 2025

OLAINUKAN GLOBAL BUSINESS SERVICES LIMITED Recognized Ahead of the Go Global Awards 2025

09/17/2025
supplychainreport
Thursday, September 18, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Exploring the Impact of Inflation on West Africa’s Jollof Rice

by Richie
05/23/2023
in Economic Indicators, Global Trade

YOU MAY ALSO LIKE

What tariffs has Trump announced and why?

Kamsiparts Automotive Nominated for Go Global Awards 2025 in London

In recent times, the beloved West African staple dish, jollof rice, has become a symbol of the economic challenges faced by families across the region. Rising inflation, coupled with global and local factors, has led to a significant increase in the cost of preparing this traditional meal. Let’s delve into the factors contributing to this phenomenon and the implications for households in West Africa.

Inflation’s Toll on Jollof Rice Prices

Ghana:

In Accra, Ghana, individuals like Nashirata, a high school teacher and breadwinner, have witnessed a nearly twofold increase in the cost of preparing jollof rice. On the eve of May Day, Nashirata’s pot of jollof rice amounted to 80 Ghanaian cedi ($7.40), almost double the regular cost. This surge in prices has made it challenging for low-income households to afford the usual ingredients.

Nigeria:

Similarly, in Lagos, Nigeria, the price of restocking monthly groceries has risen significantly. Esther Louise, a mother of four, highlighted the increased cost of ingredients, such as turkey, which has seen a substantial price hike. The monthly expenditure on groceries has doubled from approximately 40,000 naira last year to 80,000 naira today.

Regional Food Inflation Statistics

Ghana: As of March, Ghana reported a food inflation rate of 50.8 percent, according to the Ghana Statistical Service. The rising cost of food items is particularly impacting low-income households, limiting their food security despite consistent earnings.

Nigeria and Senegal: In Nigeria and Senegal, the food inflation rates stand at 24.61 percent and 11.90 percent, respectively. While lower than Ghana’s rate, these figures still contribute to the overall challenges faced by households in the region.

Factors Contributing to Rising Food Prices

Global Dynamics: The fallout from the COVID-19 pandemic and the Russia-Ukraine war has contributed to the increase in food prices. West African countries heavily rely on imports of grains, wheat, flour, and fertilizers from the Black Sea region, including Russia and Ukraine.

Economic and Climate Crises: Ongoing political, economic, and climate crises in countries like Mali, Burkina Faso, and Nigeria have further strained the region’s economies. Factors such as violence by armed rebels, coups, flooding, and currency-related issues have impacted agricultural productivity and food supply.

Debt and Economic Growth: Rising debt levels in countries like Ghana and Nigeria, coupled with a focus on political issues over economic challenges, have hampered economic growth and stability in the subregion.

The Role of the African Continental Free Trade Area (AfCFTA)

Experts suggest that the African Continental Free Trade Area (AfCFTA), designed to ease the movement of goods across the continent, could help alleviate declining food supply and increasing prices. Access to capital, infrastructure, and markets are identified as crucial elements that need improvement to address these challenges effectively.

As households in West Africa navigate the impact of inflation on their daily meals, there is a growing need for coordinated efforts, both at the regional and national levels, to address the root causes and promote economic stability.

Stay updated with supply chain news at The Supply Chain Report. Learn more about international trade at ADAMftd.com with free tools.

#WestAfricaFoodInflation #JollofRicePriceSurge #GhanaFoodInflation #NigeriaFoodPrices #SenegalFoodChallenges #WestAfricaEconomy #InflationImpact #CostOfLivingAfrica #FoodSecurityWestAfrica #AfCFTAImpact #EconomicCrisisWestAfrica #RisingFoodPrices #FoodInflationGhana #NigeriaGroceriesCost #WestAfricaInflation #EconomicChallengesAfrica #GhanaFoodCrisis #NigeriaFoodCrisis #AfricanContinentalFreeTradeArea #GlobalFoodPriceChallenges #RegionalInflation #InflationInWestAfrica #FoodCostHikeAfrica #WestAfricanHouseholds #ClimateImpactOnFood #GlobalEconomicChallenges #AfricaEconomicGrowth

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.