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Category: Commodities

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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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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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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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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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
Escalating Farmer-Herder Violence Fuels Political Risk in Nigeria
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Breaking News
Ghana Bets on Gas Plant to Cut $600 Million Fuel Bill, Ease Power Woes
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Senegal's Sparking Backlash
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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Sabotage Sparks New Fire on Gas Pipeline in Nigeria’s Niger Delta
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Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
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Tinubu Suspends Rivers State Governor In State Of Emergency Address
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Ghana’s Gold Wealth Needs a Strategic Shift
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Nigeria: environmental pollution by burning off gas from the oil production in the Niger delta Ogoniland
Nigeria Risks Oil Disruption Amid Political Crisis in Key Producing State
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Ghana Plans Windfall Tax on Mining as Gold Prices Hit Record High
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Bonny oIl terminal, oil storage tanks and facilty at Bonny, Bonny River, Nigeria
History of Strife Among Nigeria's Energy Players Haunts Crucial Policy Talks
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African Ministers Seek to Leverage AfCFTA for Stronger Trade Amid Global Headwinds
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Ghana Increases Mining Levies and Reopens Domestic Bond Market
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The captain of a small gunboat navigates down the Bonny River as smoke billows from a illegal refinery on fire, Rivers State, Nigeria
Political Rift in Nigeria’s Oil Hub Threatens 2025 Budget
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Nigeria Expands Refining Capacity with Three New Licenses
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Newcore Gold Secures $15 Million to Expand Ghana Drilling Programme
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Côte d'Ivoire Grapples With Challenges in Cocoa Sector
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Ghana’s COCOBOD Faces $1.34 Billion Loss Amid Cocoa Production Decline
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Côte d'Ivoire Grants New Permits for Gold Exploration
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Nigeria Strikes New Deal to Expand Oil and Gas Shipping
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Early Rains Boost Nigeria’s Cocoa Crop Outlook for 2024-25
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TotalEnergies Exits Burkina Faso After 71 Years, Sells Assets to Coris Investment
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Congo To Open New Oil Licensing Round to Boost Investment
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African Cocoa Farmers Push for Sustainability as EU Rules Tighten
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Tullow Oil Expands Exploration to Gabon in Diversification Drive
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Nigeria’s Refining Push Gains Momentum with New License Award
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Burkina Faso Records Third Straight Annual Decline in Gold Production
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Angola Eyes $5.7 Billion Windfall from New Offshore Oil Project
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Mozambique Mining Sector Faces Rising Attacks Following Election Unrest
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Ghana Appoints New COCOBOD CEO Amid Sector Challenges
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Nigeria Advances Refining Capacity with New Refinery License
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Côte d’Ivoire Cocoa Farmers Demand Better Prices as Smuggling Surges
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Asante Gold Unveils Plans for Underground Mining at Bibiani
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Barrick Gold Suspends Mali Operations Amid Dispute Over Taxes and Dividends
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Tullow Oil Triumphs in $320M Tax Arbitration Against Ghana
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Côte d’Ivoire Launches Its Largest Gold Mine in Push to Diversify Economy
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Namibia’s Ruling Party Poised to Retain Power Amid Oil Boom Prospects
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Nigerian Cocoa Farmers Push for Return of Regulatory Boards
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Springfield’s Afina Oil Field Test Fuels Optimism for Ghana’s Energy Sector
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Côte d’Ivoire Strikes Second 'World-Class' Gold Deposit This Year
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Namibians Vote in Pivotal Election as Oil Wealth Looms
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Nigeria Restarts Port Harcourt Refinery After Five-Year Shutdown
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Ghana’s Sovereign Wealth Fund Targets Stake in Canadian Miner
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Nigerian Cocoa Harvest. © Unsplash
Nigeria’s Cocoa Harvest Set to Rise 7% in 2024-25 Season
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African Nations Tighten Control Over Mineral Wealth Amid Global Demand
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COCOBOD Rejects Claims Linking Ghanaian Cocoa to Contamination
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Ghana Considers Cutting State Stake in Oil Exploration to Attract Investment
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Nigeria Surpasses 1.8 Million bpd Oil Output, Exceeding OPEC Quota
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Mali Detains Executives from Australia’s Resolute Mining Amid Rising Tensions with Western Miners
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Gabon Issues Oil Permits to Boost Declining Production
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Delay Hampers Ghana’s Largest Gold Mine Joint Venture Between Gold Fields and AngloGold Ashanti
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Angola to Grant Nine New Oil Concessions in Push to Boost Production
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Ghana’s Half-Year Petroleum Revenue Surges to Record High
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Ghana’s Cocoa Farmers Demand Subsidised Agrochemical Supplies
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J.P. Morgan Invests $300M in Senegal's Oil-Driven Economic Transformation
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Angola's Mid-Year Financial Report Reveals Surplus Amid Inflation Surge and Declining Oil Production
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Asante Gold Unveils $525 Million Financing to Boost Production at Ghana Mines
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Nigeria’s Fuel War Looms: Dangote Urges NNPC, Marketers to Halt Imports
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Angola’s Q3 Crude Exports Rise, China Remains Key Market
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Endeavour Mining Launches Production at Côte d'Ivoire’s Lafigué Mine
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Unease Grows in Nigeria Over Army Chief Lagbaja’s Absence
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Seplat Energy Gains by Daily Limit as Nigeria Approves ExxonMobil Asset Divestment
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Gasoline Shipments to Nigeria Plunge Amid Local Refining Surge
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Dynacor to Invest in Artisanal Gold Mining in Senegal
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Crude Oil Production Soars 83.6% in Côte d'Ivoire Amid Major Oil Discovery
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Ghana’s Cocoa Sector Suffers as Smuggling Hits 120,000 Metric Tons
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Nigeria Aims for 40,000 bpd Crude Oil Production Boost with New FPSO
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Gabon’s Oil Production Drops 11 Percent in Second Quarter
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Nigeria’s 2024-2025 Cocoa Harvest Opens Amid Low Demand and High Interest Rates
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Burkina Faso plans to withdraw mining permits
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Edo Refinery in Nigeria to Complete Major Expansion, Expects First Cargo by May 2025
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Nigeria Ends VAT on Natural Gas and Diesel to Boost Clean Energy Investments
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ANPG to Grant 15 New Oil Licenses in Angola by Year-End
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Nigeria to Approve ExxonMobil Divestment “in Days,” President Tinubu Says
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ExxonMobil Transfers Equatorial Guinea Assets to GEPetrol, Ending Decades of Operations
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Nigeria to Revive Two Stalled LNG
Nigeria to Revive Two Stalled LNG Projects as European Demand Grows
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Cameroon Suspends Mining Activities Involving Chinese Companies
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Jihadist Attack in Mali’s Capital Raises Security Concerns for Gold-Mining Investments
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Heavy Rains Threaten Nigeria’s Cocoa
Heavy Rains Threaten Nigeria’s Cocoa Crop as Fungal Disease Looms
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Kuwait Petroleum Corp Expands Reach as Europe's Top Jet Fuel Supplier
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NNPC Begins Lifting Petrol from Dangote Refinery Amid Pricing Controversy
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Senegal's President Dissolves Parliament
Senegal's President Dissolves Parliament, Calls for Fresh Elections Amid Opposition Challenges
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Cameroon Loses Millions to Cocoa
Cameroon Loses Millions to Cocoa Smuggling as Beans Flow Illegally to Nigeria
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Sonangol Set to Pay Second Interest Instalment on 2023-2028 Bonds
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Nigeria Faces Gasoline Supply Uncertainty as Dangote Refinery Threatens Export Shift
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Ghana to Announce New Cocoa Price for 2024/25 Season on September 11
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Mali’s New Mining Code Draws Mixed Reactions from Global Firms
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Dangote Refinery Starts Gasoline Production, Set to Disrupt Global Oil Markets
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Gabon to Launch Oil Exploitation in New Wells Following Assala Energy Acquisition
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Ghana Cocoa Board to Secure $600 Million Syndicated Loan Amid Financing Shift
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AFC Backs Nigeria’s Largest Gas-to-Methanol Plant in Akwa Ibom
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Mali’s Gold Reserves Drop 17% Amid Political Uncertainty and Business Risks
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Nigeria Lacks Funds to Repair Aging Oil Pipelines, Says Minister
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Perseus Divests Côte d'Ivoire Stake to Focus on West African Growth
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Oando Acquires Nigerian Agip Oil Company in $783 Million Deal
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Uganda Oil Pipeline to Get Backing From Nine European Banks, Minister Says
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Namibia to Protect Local Jobs in Draft National Oil Law
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