Section
Commodities
Cocoa, coffee, crude oil, gold, copper, palm oil, natural gas and cotton — prices, production data and what moves them. Africa produces a large share of the world supply of most of these, and the price is the first thing that determines what that is worth.
The numbers
| Commodity | Price | Week | % | Range | Exchange |
|---|---|---|---|---|---|
|
Cocoa
$/tonne
|
4,180 | down -120 | -2.79% | 4,100–4,340 | ICE / LIFFE |
|
Brent Crude Oil
$/barrel
|
60.40 | down -1.20 | -1.95% | 59.80–62.10 | ICE Brent |
|
Gold
$/troy oz
|
3,290 | up +48 | +1.48% | 3,238–3,310 | COMEX |
|
Coffee (Robusta)
$/tonne
|
5,180 | up +90 | +1.77% | 5,050–5,240 | ICE Liffe |
|
Copper
$/tonne
|
9,420 | down -180 | -1.87% | 9,380–9,680 | LME |
|
Palm Oil
$/tonne
|
940.00 | up +22.00 | +2.40% | 905.00–960.00 | CME / Bursa Malaysia |
|
Natural Gas
$/MMBtu
|
10.80 | up +0.40 | +3.85% | 10.20–11.10 | TTF (Europe) |
|
Cotton
¢/lb
|
68.40 | down -1.20 | -1.72% | 67.80–70.20 | ICE |
Analysis
Africa's Cocoa Market After the Price Crash: What $4,000/t Means for Cameroon, Ghana and Côte d'Ivoire
After hitting a 46-year high of $11,530 per tonne in June 2024, cocoa futures have fallen sharply. We examine what the correction to around $4,180/t means for the three countries that together produce most of the world's supply.
Brent Crude at $60: How African Oil Exporters Are Adjusting to a Lower-Price World
The World Bank projects Brent to average $60 per barrel in 2026 — down from $68 in 2025. For Nigeria, Angola and Cameroon, the budget arithmetic is changing.
Gold at $3,290: How Africa's Gold Producers Are Benefiting From the Sustained Price Rally
Gold has traded above $3,000 per troy ounce for most of 2025 and 2026, sustained by central bank buying and safe-haven demand. For South Africa, Ghana, Mali and Tanzania, that is a substantial transfer.
DRC and Zambia's Copper: The Strategic Arithmetic Behind Africa's EV Battery Supply Chain
The Democratic Republic of Congo and Zambia together produce over 12% of global copper — a share that puts them at the centre of the energy transition. At approximately $9,420 a tonne, the economics of African copper are being rewritten.