Depreciating currencies
Africa Science Focus
English - November 09, 2022 13:00 - 15 minutes - 10.4 MBNews scidev scidevnet scidev.net science africa development news tech health Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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African currencies are in free-fall, with hard-biting inflation hitting double digits in countries like Ghana and Nigeria, putting food nearly out of reach for many.
In this episode of Africa Science Focus, we speak to Churchill Ogutu, a Kenyan economist, who unpacks the links between currency depreciation and poverty. And Ndubusi Nwokoma, director of the Centre for Economic Policy Analysis and Research of the University of Lagos, Nigeria, tells us what’s needed to stabilize the situation.
This piece was produced by SciDev.Net’s Sub-Saharan Africa English desk.
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