Ghana cocoa buyers owe banks $750 million
Rising financial strain is weighing on Ghana’s cocoa industry, as licensed buying companies owe banks between $650 million and $750
African Markets
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
Nigeria adds new crude oil grade, targeting international markets from next month.
Nigeria’s state oil firm, Nigerian National Petroleum Company, is set to start exporting a new light, sweet crude called Cawthorne
President Mahama confident new Shama glass factory will be among Africa’s largest
President John Mahama has expressed confidence that a new float glass factory under construction at Shama in the Western Region
Ghana leads the world in mobile money regulatory standards.
Ghana has maintained its status as the global leader in mobile money regulation, solidifying its standing as one of Africa’s
Africa’s biggest refinery has finalized a petrol supply agreement to deliver 65 million litres per day
Nigeria’s drive for fuel self-sufficiency has received a major boost following an offtake deal between the Dangote Petroleum Refinery and
Tomato merchants suspend trips to Burkina Faso citing safety fears.
Following a recent terrorist attack in Burkina Faso, tomato traders from the Ashanti Region have refused to resume cross-border purchases,
Nigeria loses $3.3bn to food waste amid cold chain gaps.
Nigeria lost an estimated $2.3 billion to $3.3 billion to post-harvest losses in 2025, highlighting major structural flaws in the
Uvira sees a revival of trade and optimism following the reopening of the DRC-Burundi border.
After being closed for over two months, the border linking the Democratic Republic of the Congo (DRC) and Burundi reopened
Gold exports help reduce Senegal’s trade gap, but $2.4bn shortfall remains.
Senegal saw significant improvement in its external accounts in 2025, yet a substantial trade deficit persisted despite strong growth in