Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter rules, and regional coordination planned for reforms Energy debt may hit $8.4B by 2027 without urgent financial discipline Ghana’s Energy Commission met with independent power producers (IPPs) and public institutions in Accra on Wednesday, October 29, 2025, to strengthen regulatory...

EIB invests €20M in fund aiding EU SMEs' Africa expansion Amethis fund targets growth sectors to build EU-Africa business ties Investment aims to boost tech transfer, jobs, and local supply chains The European Investment Bank (EIB) announced on Friday, October 31, 2025, a 20 million euro (approximately $23 million) investment in the Amethis Europe Expansion fund. The...

COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance deadline extended to 2029 as most banks face shortfalls Reform aims to boost financial resilience and regional market funding The Central African Banking Commission (COBAC) will almost quadruple the minimum capital requirement for banks in the Central African Economic and Monetary Community...

Brazil, the United States, and China dominate the global soybean trade. The ongoing tariff dispute between Washington and Beijing is holding market participants in suspense and continues to impact soybean prices. The most-active soybean futures contract on the Chicago Board of Trade (CBOT) rose 1% on Monday, November 3, to settle at $11.26 per bushel, its highest level since July 2024. The...

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,000 an ounce in October, driven by strong investment demand. Prices may only ease in 2027 amid monetary and geopolitical shifts. The World Bank expects precious metal prices to remain elevated through 2026 before a mild correction in 2027, according to its latest Commodity Markets Outlook...

IISD urges African producers to strengthen tax policy, infrastructure, and local markets. Fiscal incentives alone have delivered mixed results across mining economies. Stable laws and reliable energy are essential to attract refining investment. Improving regulatory frameworks, developing infrastructure, granting fiscal incentives for local processing, and expanding domestic...

OMV made a combined oil and gas discovery on onshore block 106/4. Tests showed output of 4,200 barrels of oil and 2.6 million cubic feet of gas per day. The find marks the company’s first successful result since resuming Libyan exploration. Austrian energy group OMV has announced a new oil and gas discovery in Libya’s Sirte Basin, more than a year after resuming exploration...

The World Bank forecasts a 21% annual increase in fertilizer prices. Urea, DAP, and potash prices surged up to 41% year-on-year in Q3 2025. Export limits and sanctions continue to strain global supply. Fertilizer prices are projected to end 2025 up 21% from last year, according to the World Bank’s latest Commodity Markets Outlook report released on October 29. The...

The funding will back vocational training, energy, and renewable projects. The announcement came during President Steinmeier’s visit to Accra. Ghana targets $4 billion in investments under its “24-Hour Economy” program. Germany will provide Ghana with €65 million (about $75 million) in development funding, German President Frank-Walter Steinmeier announced...

The council validated Ouattara’s victory with 89.77% of votes cast. The opposition plans new protests against the disputed election. Moody’s warns political stability remains a key medium-term challenge. Côte d’Ivoire’s Constitutional Council on November 4 confirmed the re-election of President Alassane Ouattara, validating results announced a week earlier by the...