Eastern Africa Market and Trade Update: 2023 Q4

Eastern Africa Market and Trade Update: 2023 Q4

Nairobi (Kenya): World Food Programme (WFP), 2024.

English

16 p.

WFPELR36122023-4

This quarterly report from the WFP Regional Bureau for Eastern Africa reviews the economic and food security landscape across the region during the final quarter of 2023. Despite a projected regional maize surplus and easing global commodity prices, local food markets remained under pressure due to persistent currency depreciation, high fuel costs, and conflict-related disruptions—particularly in Sudan and South Sudan. The report highlights the effects of El Niño on crop yields, the risk of aflatoxin contamination, and the continued volatility in exchange rates. It also provides detailed country-level insights and anticipates that while some price relief may occur in early 2024, structural challenges will likely sustain elevated food costs in vulnerable areas.

ELR 3612.2023 Vol.4

eng