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Category: Commodities

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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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Ghana Cocoa Board Ends 32-Year Reliance on Offshore Financing
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Nigeria to Begin Crude Oil Sales in Naira to Local Refineries Starting October
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New Oil Producers in Africa Attract Investment as Established Players Lose Ground
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Cameroon’s State Oil Firm Denies Allegations of Undervalued Crude Sales
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BEAC Currency Rules Stall Central Africa’s Energy Projects
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Nigeria's Cocoa Output at Risk Due to Prolonged Dry Spell
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Cote D’Ivoire Accelerates Cocoa Processing Efforts to Boost Local Economy
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Cameroon’s Trade Minister Calls for Fairer Distribution of Cocoa Profits
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Oando Shares Surge Following Strategic Acquisitions
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Ghana Launches Gold Refinery to Maximise Economic Gains
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Ghana Approves $980 Million Investment for New Sentuo Oil Refinery
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Nigerian Cocoa Farmers Urge EU to Delay Deforestation Regulation
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Ghana’s Gold Exports Surge, Boosting Economic Outlook
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Nigerian Cocoa Farmers Warn Heavy Rainfall Threatens 30% Output Growth
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Can Tinubu Tax His Way Through as Nigeria's Oil Output Struggles?
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Ghana Faces Unprecedented Crisis in Cocoa Industry
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Nigeria to Continue Fuel Imports Despite Dangote Refinery Launch
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Nigeria Sets Ambitious Cocoa Production Target for 2025
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Cameroon’s Bipaga Plant Powers Keda Ceramics, Boosts Job Growth
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Nigeria’s Stake in Dangote Refinery Drops to 7.2%
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Montage Gold Secures 20-Year Permit for Major Ivorian Gold Project
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Ghana Struggles to Curb Illegal Mining Impact on Cocoa Farms
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Nigeria Reaches Agreement with Producers for Market-Price Crude Supply to Local Refineries
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Nigeria Risks $20 Billion in Cocoa Exports Due to Processing and Sustainability Issues
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VAALCO Energy to Invest $300 Million in Gabon by 2025
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Ghana's Cocoa Industry Faces Revenue Decline Amid Bean Shortage
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Ghana Cocoa Board Faces Rollover of Forward Contracts
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Nigeria Selected as Headquarters for Africa Energy Bank
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Ghana Secures $100 Million World Bank Funding to Revitalise Cocoa Farms
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Nigerian Cocoa Farmers Revitalise Farms Amid Global Price Surge
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Senegal Projects $900 Million in Oil and Gas Revenues by 2027
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Ghana's COCOBOD Strives for Sustainable Cocoa Production Amid EU Regulations
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Dangote Refinery Accuses International Oil Companies of Sabotage
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ENI to Sell 30% Stake in Ivorian Exploration Operations for €1 Billion
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Rising Costs Diminish Ghana's Gold Industry Attractiveness to Investors
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Chevron Signs Deal to Explore for Oil in Angola’s Ultra-Deep Waters
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IFC Partners with Nigeria's Johnvents Industries to Boost Cocoa Processing Capacity
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Ivory Coast Surpasses South Africa in Credit Rating Boost
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Ghana's Cocoa Industry Prepares for Rebound After Record Low Production
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NNPC Ends Suit Opposing Sale of ExxonMobil Assets to Seplat Petroleum
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Woodside Energy Pumps Oil From Senegal’s First Offshore Field
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Small-Scale Miners Propel Ghana’s Gold Production to 4.5 Million Ounces in 2024
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Trapped Miners in Nigeria Highlight Urgent Need for Mining Regulation
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Ghana's Cocoa Earnings Plummet by 50% in First Four Months of 2024
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Ghana Seeks to Revitalize TEN Field Amidst Declining Oil Production
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Tullow Oil Reports $110 Million Loss Amid Declining Field Productivity and High Impairments
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Seplat Energy Eyes $1.3 Billion Exxon Mobil Nigeria Deal
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Ghana's Cocoa Revenue in Jeopardy as Disease Decimates Farms
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Vice President Bawumia Touts $10 Trillion Gold Reserve as Economic Savior for Ghana
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New Tax Threatens Profitability of Ghana's Gold Mining Industry
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