Global: World Bank sounds alert on food prices

The price of maize in the Horn of Africa has doubled over the last year, the World Bank has said. In Kenya, it has increased by 89 per cent, according to the bank’s Food Price Watch report. This is the fourth highest increase in the price of maize in the world behind Uganda (122 per cent), Somalia (107 per cent) and Rwanda (104 per cent). Overall, the Food Price Watch says global food prices in July 2011 remain 33 per cent higher than a year ago.