How Africa is bearing the brunt of palm oil's perfect storm

Neither Russia nor Ukraine produces palm oil, a tropical commodity, but Moscow's invasion has triggered knock-on effects across today's intricately interconnected global economy. The conflict has helped propel prices for palm oil

ABIDJAN: Djeneba Belem's fried bean cake stall in Abidjan is a world away from the war raging in Ukraine. But her business is now at the mercy of an unexpected consequence: runaway palm oil prices.

"I didn't even want to sell anymore because I thought, if the price of oil had gone up that much, what am I going to earn?" she said as she stirred a batch of cakes at her street-side stall in Ivory Coast's lagoon-side commercial capital.