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Prices for basic food staples are rising in Africa, as shoppers stock on essentials and sellers seek profits amid the coronavirus scare. Across the continent, people are calling for governments to intervene.

Yemenis struggle to survive as food prices soar - Sharp differences between US and Africa over trade - New pan-African trade bloc faces hurdles

OPEC agreed to extend production cuts by nine months after several members endorsed the move aimed at supporting oil prices amid a weakening global economy. The deal will take effect once non-OPEC allies give their approval at a meeting scheduled to hold today. Oyeyemi Oke, Oil and Gas Lawyer and Partner at A02 Law joins CNBC Africa to discuss this and other stories impacting the global oil market.

Miles Shipside, commercial director for Rightmove, discusses U.K. home prices, the London real estate market and international buyers coming into the market. He speaks on "Bloomberg Daybreak: Europe."

Concern over the situation in Sudan has grown at the United Nations as deadly protests continue. Thousands of people have returned to the street to protest rising prices, shortages of basic commodities and a cash crunch.

Crude settled below $50 a barrel in New York for the first time in more than a year. A jump in inventories, falling equities and the anticipation of another Fed rate hike this week all putting downward pressure on prices.

Fitch ratings say operating conditions in Nigeria are recovering given improving oil prices. However, Fitch warns that the operating environment for banks is difficult with minimal sector loan growth and pressure on margins and capital.

Amrita Sen, chief oil analyst at Emery Aspects, examines President Donald Trump's influence on oil prices.

In "Futures In Focus," Scott Bauer of Prosper Trading Academy examines the continued drop in oil prices.