- The milestone speaks for itself: it’s the 10th anniversary of FORBES AFRICA’S 30 under 30 list, and just like the honorees who have come before them, the class of 2024 too are driven by impact. Profits aside, it’s about achieving success with innovation, influence and individuality. They aren’t…
- TOPLINE A class action lawsuit with hundreds of claimants was filed at the High Court in London Monday as plaintiffs accuse the LGBTQ+ dating app Grindr of sharing sensitive medical information, including HIV status, with advertisers, who then allegedly sold that data on to other businesses,…
- According to the report by research firm Africa: The Big Deal, a total of $466 million was raised through $100,000+ deals by 121 startups, representing only half of the amount raised in Q1 2023. The report found that equity remained the primary source of funding, comprising 71% of disclosed funding…
- TOPLINE Oil prices briefly surged Friday morning in the wake of Israel’s reported airstrike on Iran, and then quickly dropped following Iran state media’s apparent downplaying of those strikes, as conflict in the Middle East continues to leave behind lingering effects on already climbing oil and…
- Nigerian chess prodigy Tunde Onakoya is on a mission to break the Guinness World Record for the longest chess marathon while raising funds to support education for underprivileged youth. Tunde Onakoya, the convener of Chess in Slums Africa, a non-profit organization based in Lagos, aims to surpass…
- TOPLINE The Israeli military reportedly launched airstrikes targeting Iran early on Friday, in response to Tehran’s drone attack on its territory over the weekend, amid concerns about escalation between the two Middle Eastern nations. KEY FACTS Citing unnamed Iranian officials, the New York Times…
- True power is living the realization that you are your own healer, hero, leader.” – quoted by Diego Perez Indeed, success has always been built on that simple principle. The African story of the recent past has belied that. This needs to be regained and reinforced. I was in Lusaka some weeks ago…
- TOPLINE Set to occur on Saturday is the highly anticipated bitcoin halving event, a somewhat mysterious phenomenon that occurs every four years, which should theoretically provide a major tailwind to bitcoin prices flatlining in recent weeks. KEY FACTS The halving event refers to the 50% reduction…
- Diverse photography can help challenge perceptions and fight stereotypes. When Amanda Esther Akokhia started her photo studio some five years ago in the United Kingdom (UK), where she grew up, she was not aware just how important this was. At the time, photography was a hobby but it soon began to…
- A fight over a vital federal tax credit intended to kickstart a market for clean hydrogen and worries over high production costs are cooling near-term expectations for the climate-friendly fuel. Clean hydrogen has been heralded as a carbon-free fuel that’s key to efforts to remediate the climate…
- On April 7, world leaders, including several Heads of State such as South Africa’s Cyril Ramaphosa and former United States President Bill Clinton, joined Rwanda for the 30th commemoration of the genocide against the Tutsi. Known as Kwibuka30 and held under the theme Remember-Unite-Renew, it…
- TOPLINE Apple ceded the position of the world’s biggest phone maker to rival Samsung in the first quarter of 2024 after global iPhone shipments saw a steep slump, the latest setback for the tech giant since the start of the year. KEY FACTS According to the latest report by market research firm IDC…
- Feedback from the Davos meetings of the World Economic Forum (WEF) has always been useful. Historically, the discussions with world leaders, both politi- cal and corporate, provide insight into what is expected in the year ahead. The post-event mood after the meetings was generally vibrant but 2024…
- TOPLINE The price of bitcoin dropped by 7% on Saturday over the course of less than an hour, as prices for other cryptocurrencies also sharply declined after Iran launched an attack on Israel. KEY FACTS The price of bitcoin was down 7% to $62,570 as of 4:40 p.m. Saturday afternoon, after the…
- TOPLINE Iran’s long-anticipated attack on Israel has started, as the country has launched unmanned aerial vehicles from within Iran set to reach Israel in the next “several hours,” the Israel Defense Forces confirmed Saturday afternoon. KEY FACTS In a press conference, IDF spokesperson Daniel…
- The milestone speaks for itself: it’s the 10th anniversary of FORBES AFRICA’S 30 under 30 list, and just like the honorees who have come before them, the class of 2024 too are driven by impact. Profits aside, it’s about achieving success with innovation, influence and individuality. They aren’t…
- Lauded as the key to Africa’s economic fortunes, the African Continental Free Trade Area (AfCFTA) has been met with much excitement. Indeed, this area holds great economic promise for the continent but there are some glaring gaps that require consideration – particularly from a social dimension.…
- World Central Kitchen has delivered 43 million meals to Palestinians facing starvation. Now the organization is calling for an investigation into the attack in which seven workers were killed. What were the clearly marked World Central Kitchen vans full of as they delivered food in the southern…
- Senegalese and other Africans are anticipating the first-ever Youth Olympic Games to be hosted on the continent in 2026, in Dakar, the capital of Senegal. Rescheduled for October 31 to November 13, 2026, the proposed games is set to bring together the world’s finest young athletes to compete in 35…
- TOPLINE As millions of people across North America prepare to watch the Great American Eclipse, experts told Forbes how to safely enjoy the solar eclipse and how to keep pets and children safe too. KEY FACTS The most important advice to offer anyone “is to never look at the sun directly without…
- TOPLINE Hundreds of content creators signed an open letter asking Meta to scrap a decision to curb the reach of “political content” on Instagram and Threads, amid concern the change could limit marginalized creators’ reach across the platforms. KEY FACTS The letter, first reported on by the…
- An exclusive interview with renowned Kenya-born land- scape architect and pioneer of sustainable tourism Hitesh Mehta. His other fascinating career? Representing East Africa and Kenya in first-class cricket and playing in three ICC World Cup tournaments in the late 1970s and 1980s. A global…
- TOPLINE Israeli Prime Minister Benjamin Netanyahu on Monday said Israel will be moving forward with a planned attack on the city of Rafah in the Gaza Strip despite pleas from the United States and other countries concerned for the 1 million civilians sheltering there. KEY FACTS Netanyahu on Monday…
- CEO Sam Altman famously has no equity in OpenAI, but startup bets like Reddit, Stripe and Helion have made him a billionaire anyway, a Forbes investigation found. In the summer of 2017, Superhuman CEO Rahul Vohra started frantically messaging his investors one by one. His startup had tested out a…
- In a move aimed at addressing decades of economic turmoil, Zimbabwe recently launched its new gold-backed currency, Zimbabwe Gold, ZiG, with hopes of bringing stability to its volatile financial landscape. However, experts warn that the road ahead for ZiG is fraught with challenges, with doubts…
- TOPLINE A total of 322 trucks carrying humanitarian aid entered Gaza on Sunday—the most in a single day since the war began—the Israeli Ministry of Defense confirmed on Sunday, as Israel faces increased scrutiny over its treatment of aid workers that has resulted in over 200 deaths so far. KEY…
- The number of annual prostate cancer diagnoses is expected to roughly double by 2040, according to a study published Thursday in The Lancet medical journal, with the number of annual deaths attributable to the disease expected to rise by 85% in the same amount of time—an increase driven by lower-…
- Emerald Group Expands African Media Footprint with Strategic Investment in Forbes Africa In a move signalling a significant expansion of its media interests in Africa, the Emerald Group, through Media54—its subsidiary focused on English-speaking African countries—has acquired a 40% equity stake in…
- Leading the way in youth empowerment and change is Zuriel Oduwole. She shares the story of her humble beginnings and the lessons she’s learned since. Over a decade ago, at 10 years old, Zuriel Oduwole already proved to the world that age is just a number. Now, 10 years later, that statement still…
- TOPLINE Global life expectancy rose by 6.2 years between 1990 and 2021, driven by reductions in deaths from diarrhea, lower respiratory infections, stroke and ischemic heart disease—but the world faced significant setbacks due to the Covid-19 pandemic, according to a new study by the Lancet. KEY…
- A record year for ten-figure wealth has left the billionaire class bigger and richer than ever. hat a year it’s been for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation. There are now more billionaires than…
- We have featured Under 30s and Over 50s but for the first time, FORBES AFRICA profiles women excelling in their 30s and 40s. From musicians and actors to business leaders and tech entrepreneurs, we shine the light on a small cross-section of trailblazers, disruptors and decision-makers in Africa in…
- TOPLINE Microsoft will split up its workplace messaging and video calls app Teams from its Office platform globally, the company told Reuters early on Monday, mirroring a move it undertook in the European Union last year as it attempts to avoid being penalized by the bloc’s antitrust regulators.…
- Five years ago, I couldn’t imagine asking boards and business leaders whether robots would one day run their companies. However, the massive increase in awareness of the potential of large language models is forcing executives to explore how to use robots and artificial intelligence in day-to-day…
- Nigeria’s musicians are leveraging digital technologies effectively to achieve global fame. FORBES AFRICA tunes into the latest smash hits showcasing the ascent of the Afrobeats genre. Insufficient internet infrastructure and piracy issues aside, Nigeria’s musicians are riding the digital wave,…
- TOPLINE Altimmune’s experimental weight loss drug pemvidutide minimized the loss of muscle mass while losing weight, mimicking the effects of diet and exercise, according to the results of a small trial by the company, amid efforts by biotech firms to study how increasingly popular weight-loss…
- Story curated by Chanel Retief and Nicole Pillay Art Direction: Lucy Nkosi Photography: Katlego Mokubyane ; Assistant: Sbusiso Sigidi Styling: Deneal Van Wyk; Outfits supplied by Fashimo Styles Studio, Ukara, Suited For Her and Preview Accessories Hair & Makeup:Vanessa Unamaca, MakoleMade…
- SA20 Commissioner and former South African cricketer Graeme Smith on the ambition to create the biggest league outside of India, and why putting on a show off the pitch is as important to attract a new audience. South Africa has the potential to create the biggest Twenty20 domestic competition…
- Story curated by Chanel Retief and Nicole Pillay Art Direction: Lucy Nkosi Photography: Katlego Mokubyane ; Assistant: Sbusiso Sigidi Styling: Deneal Van Wyk; Outfits supplied by Fashimo Styles Studio, Ukara, Suited For Her and Preview Accessories Hair & Makeup:Vanessa Unamaca, MakoleMade…
- TOPLINE A Binance executive detained in Nigeria last month escaped from custody over the weekend, as the West African country filed charges of tax evasion against the cryptocurrency exchange and some of its executives in the latest public scandal for the firm. KEY FACTS Binance executives Tigran…
- Human digital twins are quickly moving beyond manufacturing and into the medical world – advancing cancer care, speeding up drug development, personalizing clinical trials, and much more. “You have cancer!” is one of the most terrifying sentences a person will ever hear in his/her lifetime yet it’s…
- Media Challenge Initiative, or MCI, lives on the 4th floor of a blocky, unassuming shopping center in Kabalagala, a busy Kampala district named after the toothsome cassava and banana pancakes sold by the city’s street vendors. Kabalagala is the kind of humble, honest treat – an African soul food –…
- TOPLINE The Islamic State group took responsibility for a Friday attack on a Moscow area concert hall that left at least 40 dead and about 100 injured, according to multiple outlets, a claim confirmed by U.S. officials and Russian media. KEY FACTS A branch of ISIS based in Afghanistan and known as…
- Kate Middleton is in the early stages of chemotherapy treatment after a cancer diagnosis, the Princess of Wales confirmed in a new video Friday, the first major update provided on the princess’ health since the palace first announced in January she would undergo a surgery and be out of the public…
- TOPLINE After posting its best day on Wall Street in four months Wednesday, shares of Paramount Global fell Thursday after a report indicated the media conglomerate’s controlling shareholder might not be interested in a reported $11 billion deal for the company’s major film studio. KEY FACTS Shares…
- Food is the future and these proactive startups are focused on shifting agricultural practices to prepare for what is to come. Agriculture has always been a core component of Africa’s economic viability. And where it’s estimated that 140 million people in Africa face acute food insecurity, the…
- A new era in satellite technology offers space-down insight. Here are some fascinating world views. Who would have thought that over 50 years later, the space race would be back on? And this time, every country with a space program seems to have their eye on the moon’s south pole. Between the…
- TOPLINE Federal Aviation Administration chief Michael Whitaker criticized Boeing’s safety culture in an interview with NBC, arguing the company has prioritized production rather than safety, the latest criticism levied at the aircraft manufacturer following a January incident in which a Boeing 737…
- TOPLINE Bitcoin slumped to its lowest price in weeks Tuesday, as the world’s largest cryptocurrency’s all-time high achieved last week looks to be fleeting. KEY FACTS Bitcoin fell 7% to below $63,000 by 2 p.m. Greenwich Mean Time (10 a.m. EDT), the time zone typically used for cryptocurrencies as…
- Nigerian media mogul Mo Abudu is collaborating with pan-African financial institution African Export-Import Bank (Afreximbank) through its Creative Africa Nexus to produce a short film directed by Hollywood actor Idris Elba and starring music icon Seal. In a move to empower and foster Africa’s…