Oil surge hits African currencies despite US-Iran ceasefire, raising cost-of-living fears

… , including Senegal, Sudan, Cabo Verde, South Sudan and The Gambia … shipping and insurance costs, exchange rate pressures and tightening fiscal conditions.
Africa … states such as Sudan, Somalia and Libya … are also rising. Higher logistics and delivery costs …
Oil surge hits African currencies despite US-Iran ceasefire, raising cost-of-living fears