The Markets Ledger

African govts need to take urgent action on fertiliser shortages

The conflict between the United States, Israel and Iran is disrupting global fertiliser trade flows – and this stands to leave millions of African farmers without the ammonia, urea, phosphate, sulphur and other fertiliser inputs vital to growing more food in sub-Saharan Africa.

Gold boom lifts Africa’s reserves to $530 billion

The jump highlights how African economies are adjusting reserve strategies as currency volatility, inflation risks, geopolitical tensions and tighter global financing conditions continue to pressure emerging markets.