Where to travel to buy cheap
The channels or vectors of economic impact of the coronavirus pandemic on African countries will not be of equal incidence. The most important will be the following: (1) the fall in oil demand and prices; (2) the decline in remittances from emigrants abroad; (3) the collapse of tourism revenues; and (4) other factors, such as the fall in exports, the disruption of value chains and changes in investment priorities.
Another negative factor to take into account is the decline in dollar inflows to crude oil exporting countries. This shortage of foreign exchange tends to devalue national currencies. This is, for example, the case of the Nigerian naira, which, although it officially maintains a fixed exchange rate, is depreciating on the black market, where it has been difficult to obtain since the beginning of the pandemic. The problem with the shortage of dollars is that many sectors and companies need foreign currency to pay for the inputs of their products, so the “oil effect” ends up spreading to other business sectors.
Cheap destinations 2022
Yesterday we published the cheapest Asian destinations to live in 2017. Africa, meanwhile, is one of the cheapest continents in the world in terms of standard of living. Like Asia, moving from Europe is not very cheap, but once there, living is too cheap.
This country is probably the cheapest country in Africa after Ethiopia. To move around the country costs about five euros, to eat another five euros and to sleep is about three euros. The accessibility to this country is very complicated, as well as expensive, like most tropical African countries. Despite all this, the island of Madagascar is worth a visit. If you do it right it can be a very cheap destination to visit.
Burkina Faso is another country you can visit very cheaply. There is not much information available about the standard of living in this country, but when it comes to restaurants, markets, transportation and rent, the price is usually lower than the African average.
Affordable places to travel with the family
Nigeria is a dangerous place to visit. Crime rates are high, especially in Lagos. Northern areas of Nigeria are plagued by the terrorist organization Boko Haram, which is famous for its attacks on non-Muslims and for taking control of the law. This Islamist organization is also known for its strict interpretation of Sharia law, which includes whipping. Because Boko Haram targets Christians and proselytizers, large gatherings should be avoided due to church bombings.
Tourists are not safe in the Niger Delta region. Low-level clashes are ongoing between the government and insurgent groups, and many foreign oil employees have been kidnapped. Ansar Muslimeen fi Biladi Sudan, which translates as “Protection of Muslims in the Black Lands,” is another extreme Islamist organization. Boko Haram militants often ride motorcycles.
Homosexual sexual activities are forbidden. When visiting Nigeria, LGBT tourists should take extra care, particularly in the north, where enforcement of sharia law can be severe. Gay and lesbian individuals can be executed, although they are more likely to be imprisoned. In fact, recently passed legislation that has provoked outrage among Muslim and Christian Nigerians has made it a felony to be aware of someone’s homosexuality and not disclose it to the authorities.
Exotic and inexpensive places to travel
Nigeria is considered an emerging market by the World Bank; it has been identified as a regional power on the African continent, a middle power in international affairs, and also as an emerging global power. However, it ranks 158th in the global Human Development Index. Nigeria is a member of the MINT group of countries, which are widely seen as the next “BRIC” economies of the world. It is also among the “next eleven” economies to become the world’s largest. Nigeria is a founding member of the African Union and a member of many other international organizations, including the United Nations, the Commonwealth of Nations and OPEC.
The kingdom of Oyo in the southwest and the kingdom of Benin in the southeast developed elaborate systems of political organization in the 15th, 16th and 17th centuries. Ife and Benin are known for their prized artwork in ivory, wood, bronze and brass.