Topic
brent crude
Brent Crude Tops $116, a Six-Month High: What It Means for Nigeria, Angola, Kenya and Africa's Oil Importers
Brent crude topped $116 a barrel on 23 October after Houthi attacks on Saudi Arabia. What the six-month high means for African exporters, importers and FX.
Brent at $110: Which African Economies Gain and Which Lose
Brent at $110 splits Africa in two. Nigeria and Angola gain export revenue while Kenya, Ghana and South Africa face higher fuel bills and inflation.
Oil Falls More Than 5% This Week: What Lower Crude Prices Mean for African Economies
Brent crude fell more than 5% this week, creating contrasting consequences across Africa. Oil-producing economies face pressure on government revenues and foreign exchange, while importing countries could benefit from lower fuel and transport costs.
African Commodities Focus: Oil Falls, Gold Holds and Cocoa Surges
African commodity markets moved sharply in early August as Brent crude fell 5.26%, gold remained above $4,000 per ounce and cocoa surged 9.44%. The contrasting moves highlight the growing importance of commodity prices for African exports, currencies and fiscal revenues