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Category: Commodities

Oil refinery. Photo by Devon Chandler @ Pixabay
Uganda’s oil refinery delayed until 2029–2030 as crude exports start earlier
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Oil field. Photo by Redhawk Investment Group @ Pixabay
Senegal’s export boom hits record as oil, gold surge reshape economy
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Iron ore mining site. Photo by Bishnu Sarangi @ Pixabay
South Africa mining rebounds in Q3 as iron ore, PGMs lift output and sales
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Oil rig. Photo @ Pixabay
Senegal markets 2.93m barrels of oil in November as Sangomar output stabilises
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Independence Arch, Accra, Ghana. Photo by Nana Kwandoh @ Unsplash
Ghana’s economy grows 5.5% in Q3 as services and agriculture offset oil slump
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Copper mine. Photo by Jandira Sonnendeck @ Unsplash
DR Congo reshapes copper and cobalt exports with US-backed Mercuria deal
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Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
Ivory Coast issues 13 new exploration permits as gold output surges
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Portrait of a bavarian cow. Photo @ Unsplash
Uganda to ship $1bn milk to Nigeria in major dairy export deal
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Photo by Eswatini Photography @ Unsplash
Eswatini gears up for higher prices in 2026 due to inflation
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An exhibition stand at the Intra-Africa Trade Fair 2025 in Algeria Photo: Afreximbank Media
South Africa trade surplus narrows sharply in October
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The oil refinery factory. Photo by Maksym Kaharlytskyi @ Unsplash
Angola producer prices fall for fourth straight month as oil, diamonds drag output
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Lagos, Nigeria. © Unsplash
Nigeria’s growth eases to 3.98% in Q3 as oil underperforms
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Oil rig. Photo @ Pixabay
Gabon’s first private oil firm Komo Ressources Group begins production
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Underground gold mine. Photo by April Vasquez @ Unsplash
Sierra Leone seals $330mn gold mine financing in historic African-led deal
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Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Botswana trade deficit widens to $141mn as diamonds dominate exports
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Petralon's operational milestone was reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
Nigeria oil output drive gains steam as Petralon advances Dawes Island drilling
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A flag of China. Photo by Bo Peng @ Unsplash
Is Africa becoming the new battleground for China and Asia’s minerals race?
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An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
South Africa’s new national oil firm SANPC targets operations by 2027
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Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Nigeria’s Dangote refinery targets 1.4mn bpd with Honeywell technology
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Underground gold mine. Photo @ Pixabay
Barrick-Mali mining deal ends long dispute, lifts stock to 5%
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Barrels of oil. Photo by Atik sulianami @ Unsplash
Uganda lifts recoverable oil reserves to 1.65 billion barrels
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Safety helmet at an oil field. Photo by Ümit Yıldırım @ Unsplash
Nigeria’s state oil company seeks partners as refinery overhaul accelerates
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Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
Ivory Coast cocoa slump raises global price fears as production crisis deepens
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Image of oil refinery at night across the sea. Photo @Unsplash
Kenya approves $6.1 billion oil project after Tullow exit
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Mine site Photo © Unsplash
Qatar seals $500mn Ivanhoe Mines deal to secure Africa’s critical minerals
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A sale label in the shop. Photo by Dmitrii E. @ Unsplash
South Africa retail surges 3.6% in Q3 as durable goods drive recovery
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South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
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Cobalt. Photo by Paul-Alain Hunt @ Unsplash
Can the DRC sustain global cobalt demand without deep structural reform?
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Dakar, Senegal © Unsplash
Senegal’s revenue surge signals rare fiscal strength amid oil, telecom boom
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Cocoa Farmer. © Pexels
Nigeria’s cocoa crisis deepens as rains ruin beans and crash prices
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A happy cocoa farmer. Photo @ Pixabay
Ghana loses $1.1bn to cocoa smuggling in three-year border crisis
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Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
Australian gold miner Skylark Minerals makes $4mn push into Côte d’Ivoire
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Busy street of Nigeria. Photo Muhammad Ibrahim @ Unsplash
Nigeria drops planned 15% fuel import tax to avert price surge
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Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Nigeria launches new oil block bid round as output struggles persist
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Underground gold mine. Photo by April Vasquez @ Unsplash
Barrick posts record $1.5bn free cash flow in Q3 2025
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Food items on sale. Photo by Viki Mohamad @ Unsplash
South Africa unlocks $650mn indigenous agricultural market to boost economy
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Oil drilling rig Photo Marian Lupan @ Unsplash
Mergers and acquisitions to reshape Africa’s oil and gas industry in 2026
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Gold bars. Photo by Jingming Pan @ Unsplash
Ghana’s gold reserves surge 333% to 38 tonnes as cedi strengthens
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Trade surges in Africa. Photo by Kurt Cotoaga @ Unsplash
South Africa’s trade surplus hits $1.15bn in September as exports surge
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Gold mine. Photo by István Mihály @ Pixabay
Blue Gold secures $65mn to revive Ghana’s Bogoso and Prestea gold mines
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Mine site Photo © Unsplash
Atlantic Lithium secures $34mn financing to advance Ghana project
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©️ Oando PLC
Oando Nigeria’s profit soars 164% on surging oil output and upstream gains
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Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Ivanhoe Mines surges with $31mn profit and Congo smelter growth
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Johannesburg, South Africa. Photo by Ingo Stiller @ Unsplash
Can South Africa’s fiscal tightening revive investor confidence without stifling growth?
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US passport and visa on display. Photo by Global Residence Index @ Unsplash
Did Mali’s tough stance with the U.S. over visas pay off?
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Gas pipeline. Photo by Leo Sokolovsky @ Unsplash
Rwanda secures $177mn from GasMeth Energy to boost Lake Kivu methane project
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Oil drilling rig Photo Marian Lupan @ Unsplash
Nigeria slaps 15% import tax to shield local fuel refiners
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A farmer picking cocoa in the field. Photo @ Pexels
Commodity prices slide again across Central Africa as cocoa, coffee exports tumble
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Diamond on display. Photo by Jordyn St. John @ Unsplash
De Beers’ Q3 output hits 7.7mn carats as Botswana powers 38% surge
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Oil train. Photo by Jakub Pabis @ Unsplash
Angola’s producer prices fall again as oil slump deepens fiscal strain
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Mining site @ Pexels
South Africa’s mining sector defies headwinds with 9.1% sales growth
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Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Dangote to double Nigeria refinery output to 1.4 million barrels daily
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A mining site. Photo by Dominik Vanyi @ Unsplash
Sibanye-Stillwater, Glencore strike chrome deal to boost South Africa mining
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An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
Nigeria’s NNPC profits plunge 60% as output decline bites
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Image of oil refinery at night across the sea. Photo @Unsplash
Ghana and Nigeria drive West Africa’s oil future amid rising risk
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Maize prices surge in Africa. Photo by Marek Studzinski @ Unsplash
Africa’s maize markets split between hunger and surplus amid price turmoil
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Used disposable drain batteries of various size. Photo by Roberto Sorin @ Unsplash
Atlantic Lithium strikes big in Côte d’Ivoire’s battery boom
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Open pit quarry. Photo @ Unsplash
Why Africa must set the rules in the U.S.–China minerals race
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Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Nigeria’s oil output plunges 3% to 1.58mn bpd as strikes hit production
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Shell gives Nigeria extra boost. Photo by Jethro Carullo @ Unsplash
Shell approves $2bn offshore gas project to boost Nigeria LNG exports
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Cobalt. Photo by Paul-Alain Hunt @ Unsplash
Can the U.S. secure Congo’s minerals amid rising tensions?
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Street market in Kaduna, Nigeria. Photo @Pexels
Nigeria’s debt tops $97bn as oil slump drives borrowing spree
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Niger, Orano battle at World Bank tribunal over uranium mines. Photo by Wolfgang Hasselmann @ Unsplash
Niger faces French uranium giant Orano in $270 million mining dispute
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Pile of gold bullion coins and bars. Photo @Unsplash
Global gold soars past $4,000/oz - what it means for African economies
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A mining site. Photo by Dominik Vanyi @ Unsplash
Barrick sells Côte d’Ivoire’s Tongon Gold Mine to Atlantic Group for $305mn
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Ghana offers cash rewards in war on cocoa smuggling
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Oil production site. Photo by Zukiman Mohamad @ Pexels
Senegal sells 2.9 million barrels in first oil export milestone
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An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
Ivory Coast’s oil production surges 50% as ENI’s Baleine field powers growth
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Cocoa Farmer. © Pexels
Erratic weather, disease threats cloud West Africa’s cocoa season
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TotalEnergies fuel pump station. Photo by Birk Enwald @ Unsplash
TotalEnergies, Chevron and bp lead Africa’s new oil exploration wave
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Oil drilling rig Photo Marian Lupan @ Unsplash
Gabon courts global investors to revive oil and gas sector
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Gold mine. Photo by István Mihály @ Pixabay
Barrick CEO Bristow exits after $1bn Mali mine dispute
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A happy cocoa farmer. Photo @ Pixabay
Ivory Coast sets record cocoa price ahead of tense election
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Cocoa Photo @ Unsplash
Ghana raises cocoa price to $4,621 per tonne
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Happy Ivorian citizens on the street. Photo by Yanick Folly @ Unsplash
Côte d’Ivoire clinches IMF deal unlocking $843.9 million in funding
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A farmer picking cocoa in the field. Photo @ Pexels
AfDB injects $117mn to transform Côte d’Ivoire cocoa sector
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Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
Nigeria cocoa output may plunge 30% as late rains hit farmers
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Healthy, fresh, raw vegetables and fruits. Photo by Engin Akyurt @ Unsplash
Uganda’s horticulture exports surge 152% to boost regional trade
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Oil drilling rig Photo Marian Lupan @ Unsplash
Nigeria seeks Ogoni oil restart after three decades of unrest
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Ijora, Lagos Nigeria. Photo by Vitalis Nwenyi @ Unsplash
Dangote Refinery dispute threatens fuel stability in Nigeria
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Makkala nguzu Market, Choma, Zambia. Photo by Seiko Yamada @ Unsplash
Zambia eyes 5.8% GDP growth in 2025 on copper
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Parking lot in Ibadan, Nigeria. Photo by Fahd Aminu @ Unsplash
Nigeria revokes 1,263 mining licences in biggest sector crackdown
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Underground gold mine. Photo @ Pixabay
Newmont pours first gold at Ghana’s Ahafo North mine, targets Q4 output
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Lagos, Nigeria. © Unsplash
Nigeria cuts benchmark rate to 27% as inflation eases
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Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Congo extends cobalt export curbs, shaking global supply
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Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Nigeria’s oil output jumps 5.5% as reforms spur investment
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Gold mining site. Photo @ Pixabay
Côte d’Ivoire expands gold exploration drive with six new permits
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World flags. Photo by Saj Shafique @ Unsplash
Why African leaders must seize mineral power at UNGA 80
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Gold mine. Photo by István Mihály @ Pixabay
Senegal halves trade deficit as gold exports surge
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Gas pipeline. Photo @ Unsplash
Nigeria, Morocco to build $25bn gas pipeline in phases
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Gold mining machine, excavator. Photo by Albert Hyseni @ Unsplash
Qatar invests $500mn in Ivanhoe Mines for African minerals
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Luanda, Angola Photo @ Unsplash
Angola cuts rates as inflation eases, oil risks loom
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Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
South Africa’s mining rebounds 4.4% in July on iron ore, PGMs
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Steel factory. Photo by Peter Herrmann @ Unsplash
Nigeria’s steel dreams still idle after billions spent
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Gold bars. Photo by Jingming Pan @ Unsplash
Can Ghana’s gold refinery plan deliver real value?
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Oil rig. Photo @ Pixabay
Senegal lifts oil output forecast after strong shipments
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Items on display in a South Africa market. Photo @ Pixabay
South Africa’s growth picks up but investment slump clouds outlook
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Taxi bus Libreville, Gabon. Photo @ Unsplash
Gabon unveils $11.8bn budget to reset economy, politics
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Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Glencore’s copper bet set to drive $12.4bn earnings in 2025
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Sammy Gyamfi, CEO of Ghana Gold Board. Photo credit: Ghana Gold Board
Ghana’s small-scale gold miners eclipse large-scale rivals
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Gold mine. Photo by István Mihály @ Pixabay
Managem opens $411mn gold mine in Senegal
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Cobalt. Photo by Paul-Alain Hunt @ Unsplash
DR Congo cobalt ban expiry shakes global markets
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Oil drilling rig Photo Marian Lupan @ Unsplash
Western oil majors double down on Nigeria’s offshore fields
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Gold bars. Photo by Zlaťáky @ Unsplash
Ghana lifts gold reserves 17.6% to bolster cedi
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Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Angola secures $8bn oil boost from BP, Eni and Total
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Nigeria’s Minister of Industry, Trade and Investment, Dr Jumoke Aduwole after receiving the flag to host the fifth edition of the Intra-African Trade Fair in 2027 from the Chairman of the IATF Advisory Council, ex-President of Nigeria, Chief Olusegun Obasanjo. Photo: Afreximbank
Africa pushes trade integration as Nigeria hosts 2027 IATF
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Oil rig. Photo @ Pixabay
Congo signs $23bn oil deal with China’s Wing Wah
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The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
Can Ghana’s gold boom shield its economy from global uncertainty?
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Gold bars. Photo by Jingming Pan @ Unsplash
Burkina Faso’s gold grab triggers ASX suspension of West African Resources
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Cocoa Photo @ Unsplash
Nigeria’s new cocoa plant aims to boost processing and global trade
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Trade @ Pexels
Can South Africa’s $1.1bn trade surplus signal a commodity upswing?
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Oil drilling rig Photo Marian Lupan @ Unsplash
Petrobras eyes return to Nigeria in boost for Africa’s oil and gas
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Cocoa Farmer. © Pexels
Cocoa crisis deepens as Ghana battles illegal mining impact on global supply
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Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Nigeria, Angola lead Africa’s $100bn refining expansion – OPEC
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Oil drilling rig Photo Marian Lupan @ Unsplash
Nigeria’s July oil output hits 2025 high, beats OPEC quota
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Gold bars. Photo by Jingming Pan @ Unsplash
Rwanda central bank turns to gold as reserves diversification accelerates
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Gold bars. Photo by Zlaťáky @ Unsplash
Ethiopia’s $1 billion Kurmuk gold project to start production in 2026
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Africa map @ Unsplash
Trump or Tokyo: Who will win Africa’s trade future?
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Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Zambia’s First Quantum $1.25bn expansion to double copper output
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Oil production site. Photo by Zukiman Mohamad @ Pexels
Ghana tightens forex rules on oil and mining firms to protect cedi
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Palm oil stall by roadside. Photo by Chris Wade @ Pexels
Nigeria’s Presco wins approval for $172mn palm oil acquisitions in West Africa
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Tunisia | Photo by Amal Bourkhis @ Unsplash
Tunisia’s economy surges as agriculture and mining drive growth
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Mine site Photo © Unsplash
Are African countries aware of their own mineral wealth?
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Donald Trump on a newspaper @ Unsplash
Why Trump–Putin talks provide big stakes for Africa’s trade
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Breaking News
Nigeria inflation cools to 21.88% in July, stoking bets on rate cut
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Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Zambia copper output surges nearly 18% on KCM, Mopani ramp-up
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Photo by Ahmed Ezzat @ Unsplash | Cairo, Egypt
Egypt seeks investors to unlock 7.3 million tons of gold reserves
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Ethiopia's gold exports get $1.84 billion boost from Tigray
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Photo by Maria Lupan @ Unsplash | Oil production
CEMAC export prices tumble as oil, gas and agriculture weaken
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Mining site @ Pexels
Small miners drive Burkina Faso gold push
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Oil production site. Photo by Zukiman Mohamad @ Pexels
South Africa, Nigeria near oil supply deal to boost energy security
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Gold bars. Photo by Zlaťáky @ Unsplash
South Africa mining output climbs as gold sales plunge, PGMs surge
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Photo by Omid Roshan @ Unsplash | Mining
Ethiopia’s sovereign fund buys $3mn stake in Akobo Minerals
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Photo by Tom Fisk @ Pexels | Gold mining site
Asante Gold secures $500 million to expand Ghana mines
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@Pixabay Oil refinery
AFC-backed projects in Nigeria drive $10 billion forex gains
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Namibia eyes uranium and gold to boost state revenue
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Offshore Oil Rig. © Pixabay
Nigeria’s oil output surge eases pressure on budget, currency
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Photo by Maria Lupan @ Unsplash Oil
Senegal posts record oil and gas exports in July
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Photo by Arvind Vallabh @ Unsplash Oil field
Tullow strikes oil boost in Ghana as new well outperforms
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Photo by Nathan Forbes @ Unsplash | Oil block, oil field
Cameroon opens oil and gas blocks to global bidders
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Photo by Jingming Pan @ Unsplash | Gold
Tanzania eyes $11.7 billion annually from mineral processing boom
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Photo by David Clode @ Unsplash Cocoa tree
Ghana hikes cocoa price sharply by 62%
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Tunisia turns to natural gas in $57 million industrial energy shift
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Gold Photo by Zlaťáky.cz @ Unsplash
Mali tightens grip on gold, investors push back
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Electricity, power Photo by Random Institute @ Unsplash
Will Nigeria’s $2.7 billion bond fix the failing electricity sector?
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Illegal mining in Ghana Photo by Shubham Nayak © Unsplash
Ghana economy rebounds under Mahama amid mining backlash
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Photo by Juan Fernandez @ Unsplash | Fuel, petro
West Africa moves to set own fuel prices
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Photo by Orkhan Farmanli @ Unsplash | Petroleum oil
Senegal’s gold and petroleum boom signals economic leap in West Africa
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Photo by Etty Fidele © Unsplash Cocoa
Deadly rains threaten Nigeria’s cocoa harvest, stir global jitters
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IMF backs Ghana’s new cocoa financing model
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Côte d’Ivoire cracks down on $7bn illegal gold trade
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Barrick vows to fight Mali gold seizure through legal channels
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Zambia steps up gold aggregation to stabilise kwacha and build reserves
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Gabon ramps up deepwater push to reverse oil decline
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Cote d’Ivoire awards new gold exploration permits
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Trump pushes trade-first Africa strategy to counter rivals
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Senegal slashes oil revenue forecast by 60% through 2028
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$228m Cocoa facility launched in Abidjan
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Afreximbank warns of trade risks and openings as global fault lines shift
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Afreximbank prepares for leadership transition as ratings scrutiny mounts
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BEAC governor urges urgent investment in local fuel refining
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Oil price surge offers budget relief but raises risk for Nigeria
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Ghana strikes $2bn deal to extend Jubilee and TEN oil fields to 2040
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Nigeria sets sights on cocoa processing as global prices soar
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Nigeria’s debt-to-GDP set to surge to 67% amid $21.5 billion borrowing plan
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Cocoa and coffee surge boosts CEMAC's commodity index
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Namibia Inflation Slows to 3.6%, Giving Central Bank Room to Pause
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Mozambique pins recovery on gas boom—but Cabo Delgado unrest lingers
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Nigeria opens ₦300bn Sukuk bond offer to fund infrastructure shortfall
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Senegal’s Mining Windfall Lifts Budget Revenues, EITI Data Shows
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Nigeria revives cocoa board to regulate booming sector
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Ghana Triples Gold Reserves in Under Two Years to Bolster FX Stability
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Mozambique banks on LNG to ease budget strain
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Côte d’Ivoire to Build National Gold Refinery to Boost Local Processing
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Cameroon Plans Major Fuel Depot to Prevent Future Shortages
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Namibia Eyes Net-Exporter Status with Green Ammonium Fertiliser Project
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Escalating Farmer-Herder Violence Fuels Political Risk in Nigeria
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Ghana Bets on Gas Plant to Cut $600 Million Fuel Bill, Ease Power Woes
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Senegal’s Prime Minister Says Country Gets Just 13% of Oil Revenues, Sparking Backlash
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Gabon’s New Dawn Must Balance Bond‑Market Faith with Voter Demands
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BCEAO Foreign Reserves Leap 42 % to CFAF 13.5 Trillion
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Cooler Weather Brightens Outlook for West Africa’s Mid-Crop Cocoa Harvest
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Mali’s Junta Squeezes Gold Miners, Lifts Treasury Take but Chills Investment
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China’s Zijin Mining seals $1bn acquisition of Ghana’s Akyem Gold Mine in global expansion push
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Nigeria Slashes Petrol Imports as Local Refining Capacity Surges
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Tensions mount in Ghana as Gold Fields lease rejection threatens over 1,000 jobs
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Ghana Moves to De-Risk Oil and Gas Investment with New Licensing Reforms
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Ghana’s Gold Trade Ban on Foreigners Sparks Applause — and Questions About Execution
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Militant Group Claims Pipeline Attacks in Niger Delta, Escalating Political Tensions
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Toyota Eyes Namibia’s Green Hydrogen Iron for Asian and South African Steel Mills
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Niger Misses Debt Sale Target as Liquidity Pressures Mount
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Senegal’s Energy Minister Cautions Against ‘Magical Thinking’ on Oil Wealth
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Côte d’Ivoire Secures IMF Staff-Level Deal, Eyes $740 Million Disbursement
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Senegal’s Economy Surges 11.6% on Oil Production Boost
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Congo Targets 63% Debt Reduction as IMF Warns of Distress
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Tinubu Reshapes NNPC Leadership in Push for Oil Sector Reform
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Côte d’Ivoire Lifts Cocoa Farmgate Price as Election Nears
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Côte d’Ivoire cuts fuel prices ahead of elections, raising fiscal questions
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Nigeria’s Lawmakers Propose Shared Control of Natural Resources
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Congo to Roll Out New Gas Code in Bid to Boost Output
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