Protests are building in Africa over surging fuel costs that have governments scrambling over how to respond.
Demonstrators blocked a key supply route in South Africa this week, tying up the delivery of commodities, over an increase in the regulated pump price. That followed a protest in Mozambique, the world’s third-poorest country, where bus drivers paralyzed the capital Maputo after diesel prices jumped.
The effect of fuel shortages throughout Africa in the wake of Russia’s invasion of Ukraine is especially pronounced for populations whose transportation costs account for a disproportionately high percentage of monthly budgets. Suppliers have blamed richer nations for paying a premium for cargoes, while soaring margins benefit the refining businesses of companies such as Shell Plc.
“Transport price inflation feeds directly into food inflation –- so keeping it under control has been an imperative, even when fiscal resources have (in some instances) come under greater strain,” Razia
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