East Africa stands to benefit from the drop in crude oil prices at the international market as it would ease pressure on widening current accounts and arrest a surge in inflation. The cost of consumer goods could also reduce as manufacturers are some of the heaviest consumers of fuel.
For more information, please see https://www.theeastafrican.co.ke/business/Low-crude-oil-prices-to-ease-production-costs-in-East-Africa-/2560-5554266-6d1o9bz/index.html
