Food prices skyrocket in Angola

The cost of basic food products in Angola’s southern Cunene Province has doubled because of the Namibian currency gaining strength against the kwanza, the Jornal de Angola newspaper has reported.
This, coupled with an increase in customs fees, has resulted in major shopping centres and open markets reporting an increase in food prices.
The official exchange rate of the Angolan kwanza (AOA) to the Namibia dollar is set at 17:1 but unofficially it is traded at up to 25:1.
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