CEO Jakob Stausholm to step down; succession process underway Stausholm joined in 2018, led the group since January 2021 No details shared on timeline or potential replacements Anglo-Australian mining group Rio Tinto revealed yesterday it has begun a formal selection process to appoint a new CEO. The announcement comes as current chief executive Jakob Stausholm is expected to leave...

U.S. revokes Harvard’s ability to enroll new international students over alleged misconduct. About 6,800 foreign students, including many Africans, must transfer or leave the country. Nigerian students, a major presence at Harvard, face serious disruption. The U.S. Department of Homeland Security announced yesterday it has revoked Harvard University's certification under the...

Donald Trump accuses South Africa of allowing violence against its white population  Cyril Ramaphosa rejects the claim, stressing democracy, dialogue, and accountability South Africa calls for U.S. cooperation on crime-fighting tech and focuses on trade ties South African President Cyril Ramaphosa has responded calmly to harsh allegations made by former U.S. President Donald...

• Ministry launches 2025 scholarships for mining professionals and students• Training covers six fields, including geosciences and mining management• Applications open from May 19 to June 30 via the ministry’s website To stimulate the growth of its burgeoning mining sector, Côte d’Ivoire is investing in local skills development. This goal has, in recent years, been supported through...

• The circular economy could create 7 to 8 million jobs globally, says ILO report• Countries like Ghana, Benin, and Burundi are investing in local crafts and skills training• Circular projects blend job creation, environmental protection, and social inclusion The circular economy is quickly gaining ground in Africa as a smart way to fight waste, protect the environment, and create jobs. A...

• Dangote signs deal with US firm Vinmar to export Nigerian polypropylene• New $2B plant targets 830,000 t/year capacity, 600,000 t for export• Nigeria aims to cut $407M in imports and build a global presence Nigeria, hitherto heavily reliant on polypropylene imports, is poised for a major industrial shift in this sector. This plastic, used in packaging, textiles, and...

• British firm Tullow launches new campaign at key offshore oil field in Ghana• Jubilee output declining due to field maturity; 40% of reserves already tapped• Effort comes as Ghana’s energy sector faces over $3 billion in debt Jubilee is one of Ghana's most prolific oil reserves, but in recent years, oil production from this offshore hydrocarbon deposit has shown signs of slowing...

• Govt to drill 500 wells across 178 districts, benefiting nearly 59,000 farmers• $498.2M invested from 2015–2025, but funding still falls short of full potential• Only a fraction of 29.4M ha of irrigable land currently developed In most African countries, including Tanzania, agriculture remains largely rain-fed. The government continues to strengthen irrigation efforts to improve...

• DRC signs deal with China’s Zhongshi Wozen to build 450 km Kinshasa–Banana highway• Project to support Banana deep-water port and reduce supply chain costs• No timeline or budget disclosed; execution faces funding and security risks The Democratic Republic of Congo (DRC) is intensifying its efforts to overcome logistical challenges, most notably by signing an agreement with Chinese...

• Axian discusses telecom and tech investments with Algerian authorities• Move aligns with broader African expansion following deals in Togo and Free• Algeria reports mobile penetration of 85.9% and internet at 71.2% by end-2024 Axian Group, already making significant strides in nine telecom markets, seven of which are in Africa, is exploring investment possibilities in Algeria's...