Food price inflation hits the BoP: Three things we can do about it.
Update: 2023-01-06
Description
Welcome to the Low-How, from Bopinc. Where we share our know-how about low-income markets.
Consumers around the world struggled with rocketing food prices in 2022, and low-income households have been hit the hardest. Why? Because food makes up a larger part of their household expenditure and because they have fewer resources to fall back on in tough times like these. In this episode, The Low-How hears from consumers and food vendors in Kenya about how food price inflation is affecting them, and talks with Bopinc colleagues about three things that we as Bopinc are doing through our work with food producers across Africa to help ease the pain for low-income consumers.
Want to learn more?
- Learn more about 2SCALE, an African incubator and accelerator program that manages a portfolio of public-private partnerships for inclusive business in agri-food sectors and industries. 2SCALE is implemented by a consortium comprising IFDC, Bopinc, and SNV.
- Central Bank of Kenya inflation rate statistics are available here.
- Why does food price inflation hit low-income consumers the hardest? This IADB blog breaks down why it's expensive to be poor.
- Wageningen University’s NUTRIFOODS project is supporting
- Explore our approach and our projects on the Bopinc website.
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