Despite its ominous name, El Niño is a natural meteorological event that occurs every seven to eight years. While the impacts of this cyclical event are somewhat predictable, the severity of the latest episode and spill-overs into the socio-economic and macroeconomic arenas have been exacerbated by current market conditions. Low commodity prices, slowing global demand, a low-growth environment, and volatile asset prices have left many of the poorest regions extremely vulnerable.

This report explores:

  • Overview of El Niño
  • Impact and ongoing effects
  • Impact on agri commodities
  • Effect on Southern African countries
  • Country responses
  • Opportunities

 

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