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 […]
African Commodities
An audit of more than 10,000 staff is underway as part of COCOBOD’s cost-cutting measures.
An internal human resource review is set to be carried out at the Ghana Cocoa Board to verify the exact
Century-old South African sugar company faces possible collapse once more.
Tongaat Hulett Ltd. is a long-established South African sugar manufacturer and agro-processing company that specialises in sugarcane cultivation and maize-based
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
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.