Egypt’s Suez Canal hike is set to also affect trade in Sub-Saharan Africa
Egypt has imposed a 15% and 10% increase in transit fees on all vessels passing through the Suez Canal The hike is a result of the global inflation The hike is set to affect Sub-Saharan African traders who depend on the canal for its exportations On Saturday 17th of September 2022, Egypt announced that it would increase the transit…