El Niño Could Push Up Food Prices in Southern Africa
AI Summary
El Niño weather patterns could reduce summer crop yields in Southern Africa, driving up food prices and impacting regional trade and employment, notably in countries like Zambia. Agricultural economist Zama Sangweni notes potential effects on hydropower and economic exposure in the region.
Absa AgriBusiness agricultural economist Zama Sangweni says El Niño could reduce summer crop yields and put upward pressure on food prices. She explains how more severe weather could also reshape regional trade and why countries including Zambia may be especially exposed through agriculture, employment and hydropower. (Source: Bloomberg)
World Markets Health Commodities El Niño food prices Southern Africa crop yields Zambia regional trade hydropower