Mark Bristow, who led Randgold before its 2019 merger with Barrick, has stepped down with immediate effect. The board has yet to name a permanent successor, appointing Mark Hill as interim deputy CEO. The resignation comes amid tensions with Mali’s government over the Loulo-Gounkoto mine, which produced 15% of Barrick’s output in 2024. Barrick Gold Corp. announced Monday that...

• MNT-Halan launches Egypt’s first digital secured loan by a fintech• Users access up to 80% of investments via Halan app• Service expands offerings for 8M users, with regional growth planned Egyptian financial technology company MNT-Halan announced on Friday, Sept. 26, 2025, the launch of the country's first digital secured loan solution offered by a non-bank financial institution. The...

• Ecobank sells 99% stake in Mozambique unit to FDH Bank• Move aligns with strategy to focus on core competitive markets• FDH Bank takes full control; Ecobank to support via partnerships Ecobank Transnational Incorporated (ETI) has finalized the sale of its 99 percent stake in Ecobank Mozambique (EMZ) to FDH Bank Plc, a Malawian bank listed on the local stock exchange. The transaction,...

• U.S. DFC invests $4.6M in Malawi’s Songwe Hill rare earth project• Funds support engineering studies; repayment tied to project success• Move aligns with U.S. push to reduce rare earth reliance on China The U.S. International Development Finance Corporation (DFC) has signed an agreement to inject $4.6 million into the Songwe Hill rare earth project in Malawi. The announcement...

• Uganda aims to cut $900M steel imports using local iron ore• New DRI plant, mining projects launched to boost steel production• Region sees similar moves; major projects underway in Nigeria, Guinea Uganda plans to capitalize on its iron ore reserves to reduce its annual steel import bill, which currently exceeds $900 million, President Yoweri Museveni indicated in a X post on...

• Burkina Faso, Hungary sign higher education scholarship agreement• Deal includes political consultations to deepen bilateral ties• Partnership supports Burkina’s 2024–2028 education development strategy Burkina Faso and Hungary have signed a memorandum of understanding (MoU) in the higher education sector, state media reported on Saturday, Sept. 27, 2025. The partnership focuses on...

• OCP revenue up 21% to $5.7B in H1 2025• Growth driven by strong demand, rising global fertilizer prices• New production lines to boost output in second half of 2025 Morocco’s OCP Group, a major global player in phosphate rock and plant nutrition solutions, recorded consolidated revenue of 52.16 billion dirhams ($5.7 billion) for the first half of 2025. The financial results,...

• Sonatrach launches inspection of 3,576 km of gas pipelines• Project involves Chinese firms under 24-month diagnostic contracts• Gas exports vital, making up 91% of Algeria’s 2023 exports Algeria's state-owned oil and gas company, Sonatrach, launched a massive inspection of 3,576 kilometers of its pipeline network on Thursday, Sept. 25, as it seeks to ensure the long-term efficiency and...

• Guinea sets presidential election for Dec. 28, 2025• New constitution allows junta members, including Doumbouya, to run• Key parties suspended amid vote buildup, tensions remain high Guinea has scheduled its next presidential election for Sunday, Dec. 28, 2025, according to a presidential decree. The vote marks a decisive step in the country's process of returning to constitutional rule...

• AEF to host free online summit on Oct. 11, 2025• Focus: innovation, wellbeing, and impact in African teaching• Goal: equip teachers with skills to meet job market needs The Africa Educational Management and Leadership Forum (AEF) announced it will host a free online summit on Oct. 11, 2025, focused on the theme "Teaching in a Changing World: Innovation, Wellbeing and Impact." The AEF,...