Government to absorb COCOBOD’s $150m losses as Cabinet directs immediate cocoa purchases – Finance Ministry
For the first time since at least 2020, Ghana has reduced the cocoa farmgate price by 28% in response to […]
African Commodities
Ghana’s gold output hits record 6 million ounces in 2025, industry group says
Ghana produced a record 6 million ounces of gold in 2025, according to provisional data, with large‑scale mines contributing 2.9
NACOC to begin licensing for medicinal and industrial cannabis cultivation
The Narcotics Control Commission (NACOC) will soon begin implementing Ghana’s licensing regime for medicinal and industrial cannabis cultivation, following Parliament’s
Libya awards exploration licenses to foreign oil companies.
The move is part of efforts to attract major international energy firms back to the country and increase daily oil
Senegal unveils a $100 million onshore oil and gas initiative following the cancellation of licenses from inactive operators.
Senegal’s state-owned oil company, Petrosen, plans to roll out a $100 million onshore oil and gas exploration program this year,
Africa’s biggest diamond producer plans to increase income taxes as the diamond boom loses momentum.
Botswana is considering increases to corporate and personal income taxes in an effort to offset declining diamond revenues and reduce
Burkina Faso’s parliament endorses a ban on political parties.
Burkina Faso’s interim legislature has approved a law banning all political parties, a move seen by analysts as strengthening the military government’s hold on power. The decision abolishes existing laws regulating parties and opposition activity, despite international calls to protect civic freedoms.
Angola plans major diamond investments with UK mining firm
Efforts are underway for Angola to secure a 20% to 30% shareholding in De Beers, the global diamond powerhouse owned
The Ministry of Agriculture and AAK sign MoU to promote value addition in the shea industry.
AAK Ghana Limited (AAK) has entered into a Memorandum of Understanding (MoU) with the Ministry of Food and Agriculture (MoFA)
China’s property market is expected to face a steeper downturn this year
S&P Global Ratings has cut its forecast for China’s property sales in 2026, just two months into the year. On