From energy and labor to logistics and metals, commodity price increases have greatly impacted the cost of goods sold (COGS) in Africa, say senior partner Marco Ziegler and coauthors. Energy-intensive sectors—including oil and gas as well as mining—have seen 10 to 20 percent COGS increases since mid-2021.
To read the article, see “Procurement in Africa: Exercising a muscle for challenging times,” December 1, 2022.