Africa’s food insecurity from Ukraine war: Focus of spring IMF, WB meetings

By Julian Pecquet
Posted on Thursday, 21 April 2022 17:35

IMF Global Economy
A person stands outside of the International Monetary Fund (IMF) building, during the first day of the World Bank/IMF Spring meetings in Washington, Tuesday, April 19, 2022. (AP Photo/Jose Luis Magana)

The Ukraine war’s impact on food insecurity in Africa is high on the agenda this week as finance officials from around the world gather in Washington for the spring meetings of the International Monetary Fund (IMF) and the World Bank.

Global food prices rose 12.6% last month to record levels as the Russian invasion ravaged a major breadbasket of the world, exacerbating African countries’ pre-existing economic and debt troubles.