Abidjan, Côte d’Ivoire – Ghana and Côte d’Ivoire, the world’s two largest cocoa producers, have signed a joint declaration pledging closer cooperation on pricing, local processing, environmental protection and scientific research, as the two countries seek to secure better incomes for millions of cocoa farmers The declaration was signed at a high-level bilateral summit in…
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait. As Iran’s chokehold on the strait drags on and oil prices surge — to over $100 per barrel for Brent Crude…
Nigeria’s discovery of a major new critical minerals province reflects a broader shift as Africa’s leading oil producers invest in mining to diversify their resource economies. The strategy aims to reduce dependence on a single commodity by expanding exploration, attracting mining investment and building new value chains around minerals expected to drive the global energy…
Global energy analysts have predicted that Nigeria, along with other oil-producing African countries, will become a major beneficiary of the ongoing Middle East conflict. According to industry observers, leading energy giants in Africa, including Nigeria, Libya, Angola, Gabon, Mozambique, Namibia, and Tanzania, are increasingly seen as lower-risk alternatives to Middle Eastern crude suppliers. The ongoing…
