The African Union (AU) has issued a strong warning over the rising cost of living across the continent, describing the situation as a growing economic and social threat to African households.
In a recent briefing, AU officials highlighted the sharp increase in food prices, fuel costs, transportation fares, and housing rents in many African countries. These increases, the AU said, are eroding purchasing power and pushing more families into poverty.
Several factors are contributing to the crisis, including global inflation, currency depreciation, climate-related food shortages, and ongoing geopolitical tensions affecting energy and commodity prices. Countries heavily dependent on imports have been particularly affected.
In Ghana, Nigeria, Kenya, and South Africa, citizens have expressed frustration as wages remain stagnant while basic necessities become increasingly unaffordable. Civil society groups are calling on governments to introduce relief measures such as tax reductions, fuel subsidies, and social protection programs.
The African Union urged member states to adopt coordinated economic policies, invest in local food production, and strengthen regional trade to reduce reliance on imports. It also emphasized the importance of protecting vulnerable groups, including low-income families and small business owners.
As economic pressures continue, the AU warned that failure to act could lead to increased social unrest and long-term economic instability across the continent.