Energy Crisis Hits Namibia And the Horn Of Africa.

The ongoing conflict in the Middle East is causing severe economic strain across the continent. Namibia announced yesterday that it will cut fuel levies by 50% for the next three months to cushion citizens from soaring pump prices. Meanwhile, in Somalia and Djibouti, the crisis is deepening a humanitarian emergency; aid agencies warn that rising transport costs are making it nearly impossible to deliver life-saving food to over 6.5 million people facing severe hunger. The disruption of supply routes through the Strait of Hormuz remains the primary driver of these regional price shocks.

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