A Strong Dollar is Hurting Importers

The Strong Dollar Paradox: When "Cheaper" Imports Cost MoreA rising U.S. dollar is often framed as a win for importers, lower global prices, stronger purchasing power. But for many African businesses, the reality is far more complex.When imports are priced in dollars, local currencies weaken, financing costs rise, and exchange rate volatility erases any headline savings.From higher working-capital demands and costly hedging, to dollar-denominated freight, insurance, and taxes, the strong dollar quietly shifts risk and pressure onto importers least equipped to absorb it.In this week's StayWired, we unpack how dollar strength reshapes trade flows, cash cycles, and survival strategies for African businesses, and why adapting to the "Strong Dollar Era" is no longer optional.