High oil prices may benefit West African crude exporters but not consumers, Argus analyst says
Rising global oil prices driven by tensions in the Middle East could boost revenues for crude exporters in West Africa, […]
African Commodities
Nigeria: Dangote refinery supports oil distribution amid Iran war
Although it is an oil producing country, Nigeria is highly vulnerable to price fluctuations linked to the U.S.-Israel war on
Charcoal, plantain, and school fees drive Ghana’s 3.3% inflation in February
Charcoal, plantain, and school-related costs were the biggest drivers of Ghana’s inflation in February 2026, even as overall price pressures
NPA halts discounted fuel pricing by OMCs effective March 16
The National Petroleum Authority (NPA) has moved to halt discounted fuel pricing by Oil Marketing Companies (OMCs) and LPG Marketing
Ivory Coast unsold cocoa stocks set to soar if price standoff persists
Ivory Coast will have accumulated about 200,000 metric tons of unsold cocoa by the end of March, when its main
Pump prices set to rise again with petrol up 3.59%, diesel 1.52% in March window
Consumers should brace for higher fuel costs in the first pricing window of March 2026, as petroleum prices are expected
Currencies across Africa are stabilising, yet everyday prices remain dollar-linked.
At the height of its 2024 currency turmoil, Nigeria’s inflation climbed past 30 per cent. Following exchange-rate reforms, the naira
First major shipment opens China’s $200bn fruit market to South Africa.
South Africa has dispatched its inaugural shipment of stone fruit to China, signaling a major step forward in agricultural trade
TOR denies shutdown reports, targets 45,000 barrels per day output
The management of the Tema Oil Refinery (TOR) has dismissed reports that the refinery has shut down due to a
Egypt plans a $4 billion refinery upgrade to slash fuel import costs.
Egypt is committing $4 billion to upgrade and expand its oil refining industry, aiming to improve energy security, increase domestic