- 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…
- TOPLINE Apple is discussing a potential deal to integrate Google’s artificial intelligence platform Gemini into the iPhone, Bloomberg reported Monday, in what could be a major deal between the rival tech giants and impact the wider AI industry. KEY FACTS According to Bloomberg, Apple is holding “…
- Quantum security in Africa may not be as advanced as in other regions, but it is recognized as an important facet of computation in the future. “Right now, quantum computing is where classical computing was in the 1960s.” Quantum is about to change how computers are used to attack. No, it’s not…
- Globe-trotting billionaire Mo Dewji made a fortune in East Africa selling palm oil, rope, and soda. Now he claims to have the recipe for transforming Tanzania into an agribusiness powerhouse. Puffing on a nicotine vape and seated on a white leather chair in his $50 million home in Dubai, Mohammed “…
- “Rassie sets the tone around the culture of the group. I am close with Felix Jones, and he just said to me the pleasure when you are with the Springboks is working with the players.” South Africa have bolstered their attack and defence coaching as they go in search of a ‘three-peat’ and a hattrick…
- As language models like ChatGPT and Gemini have ushered in a new age of AI in Silicon Valley, the world’s most powerful tech companies are looking ahead to drug discovery and digital biology. As Nvidia CEO Jensen Huang scanned the audience at the JPMorgan Healthcare Conference this January in San…
- Niger designer Alia Baré, also the daughter of a former president, is working to weave together a positive narrative of her country through fashion. From gracing the runways of Joburg Fashion Week for African Fashion International (AFI) in South Africa to unveiling her latest collection in Lagos,…
- TOPLINE Here’s how the controversial new TikTok ban—which passed the House—would work, its chances of passing the Senate and which American companies could potentially purchase the app and avoid a full TikTok shutdown in the U.S. KEY FACTS The bill will now move to the Senate, where it faces an…
- In 1849, Jean-Baptiste wrote “plus ça change, plus c’est la même chose” – “The more things change, the more they stay the same.” Apparently, turbulence doesn’t change reality but embeds it. I don’t agree when I see what’s happening in Africa today. A continent long battered and bruised by exogenous…
- The current estimated value of 11 leading private fintech startups shows declines as high as 79%. But a few have started to recover. Back in November 2021, as the market for venture capital funding of fintech companies was peaking, San Francisco Bay Area bill-payment startup Tipalti raised $270…
- In a recent study conducted by Kuda, a Nigerian fintech, it was revealed that Generation Z in Nigeria exhibit a unique financial behavior compared to older demographics, preferring saving over investing. Analyzing a sample size of 774,532,224 transactions from 2023, Kuda found that while Gen Z…
- TOPLINE Microsoft says that the Russian-linked group known as Midnight Blizzard or Nobelium has made repeated attempts to access Microsoft’s systems in recent weeks, escalating its efforts against Microsoft since the company first disclosed in January that Midnight Blizzard had accessed some of its…
- At the 2024 FORBES WOMAN AFRICA Awards, held at the Emperors Palace in Johannesburg on Friday, March 8, African stateswoman and South Africa’s former first lady Graça Machel took home the 2024 FORBES WOMAN AFRICA Lifetime Achievement Award. Machel dedicated the award to women both past and present…
- TOPLINE Ozempic maker Novo Nordisk on Thursday teased a potential successor to its blockbuster weight loss drug Wegovy, the latest in a line of next-generation obesity treatments in development as consumers flock to the powerful drugs and competitors including Eli Lilly, Pfizer and an array of…
- TOPLINE X, formerly known as Twitter, experienced a 30% drop in usage from 2023 to 2024, according to a study from Edison Research that clashes with favorable traffic metrics shared by the social media platform’s billionaire owner, Elon Musk, and CEO Linda Yaccarino. KEY FACTS The data, which is…
- Chess unveils a boundless realm of imagination and possibility — a canvas where each match paints a unique tale of conflict and conquest, where kingdoms clash in a dance of uncertainty until the final, decisive moment. FORBES AFRICA takes a look at an NGO championing the game on the continent. In…
- Afrobeats took center stage in 2023’s global music scene. Major award ceremonies, including the MTV Video Music Awards, introduced new categories recognizing the success of Afrobeats artists, notably elevating Adedamola ‘Fireboy DML’ Adefolahan. His collaboration with Jon Batiste and Jon Bellion…
- TOPLINE Drinking more than 67 ounces of sugary or artificially sweetened beverages a week may increase the risk of developing atrial fibrillation—an irregular heartbeat—but organic fruit juices without added sugar may decrease this risk, according to a new study. KEY FACTS Participants who drank…
- Healthcare workers’ selfies are being used to sell unproven medical treatments to the app’s enormous global audience. And in the Wild West of loosely regulated supplements, many brands are profiting. Malinda Weekly saved a life last week. As an emergency room nurse in Chicago, she helped treat a…
- With a growing youth population, the African continent could find itself on the path towards a bright future. However, this may only become a reality if the continent is able to provide widespread upskilling initiatives and tangible employment prospects. The International Labour Organization…
- Change Starts Now (CSN), the political initiative led by former FirstRand Group chair Roger Jardine, has decided not to contest the 2024 national and provincial elections. This announcement came just days after the party unveiled an ambitious manifesto in Kliptown, Soweto, proposing sweeping…
- Story curated by Chanel Retief and Nicole PillayArt Direction: Lucy NkosiPhotography: Katlego Mokubyane ; Assistant: Sbusiso SigidiStyling: Deneal Van Wyk; Outfits supplied by Fashimo Styles Studio, Ukara, Suited For Her and PreviewAccessories Hair & Makeup:Vanessa Unamaca, MakoleMade Location…
- Elon Musk’s lack of transparency in updates about his brain implant company Neuralink flouts scientific and ethical norms, raises questions about patient safety and risks setting back the entire field of neurotechnology, experts told Forbes, after the billionaire touted early success in the company…
- Amid economic challenges, the country latest budget speech draws critical analysis from economist Dawie Roodt, shedding light on the fiscal strategies’ impact on economic growth and the path ahead for the nation. In an era marked by economic turbulence, South Africa’s fiscal policy comes under…
- Internal privacy experts worried that not having a corporate records retention policy could violate U.S. and EU laws. Years later, the company still doesn’t have one. TikTok’s parent company ByteDance may have broken laws in the U.S. and EU because it has no internal corporate records retention…
- FORBES AFRICA had a unique opportunity to check this out and more at MWC Barcelona. From robotic dogs to dancing humanoids and baristas on-demand, you didn’t know where to look at mobile technology trade show, Mobile World Congress (MWC) Barcelona, being held at the Fira de Barcelona Gran Via in…
- Handshake is creating a social media-style feed for its popular jobs platform for college students, adding video tools for employers to match less buzzy companies with young job seekers—and connect with a generation that lives by the medium. On TikTok, there are more than 2.6 million posts with the…
- TOPLINE Mediators attempting to broker a truce agreement between Israel and Hamas to pause the fighting during Ramadan and release some of the hostages taken by Hamas have made progress on an agreement, multiple outlets reported Sunday. KEY FACTS The agreement would mean a pause in fighting for six…
- Media company, ABN Publishing announced that their co-founder and chairman of CNBC Africa, Zafar Siddiqi, passed away on Friday, February, 23. In a statement released on Saturday, founder and publisher at FORBES AFRICA, Dr Rakesh Wahi, said that Siddiqi’s leadership, wisdom, commitment, values and…
- A notable shift seems to be taking place in Egypt’s economic strategy in a new era of collaboration with several regions in sub-Saharan Africa (SSA). And the country’s banks such as CIB (Commercial International Bank) are playing a part in this transformative journey. “Kenya made sense. East Africa…
- TOPLINE A Norwegian Cruise Line is stuck off the coast of Mauritius after some passengers on a South African voyage were quarantined after experiencing a stomach illness aboard the ship, and local authorities decided to prevent any other passengers on the massive ship from disembarking until test…
- South Africa joins other African nations like Cape Verde, Seychelles, Mauritius, and Namibia in attracting ‘digital nomads’. South Africa is positioning itself as a beacon for global professionals through its latest visa regulation amendments, including the introduction of the ‘digital nomad’ visa…
- TOPLINE Internet users in Pakistan are turning to virtual private networks to access the social media platform X after the site was blocked over the weekend following a contentious national election and admission of ballot fraud by a local government official. KEY FACTS VPNs, which can mask the…
- South Africa is on the brink of a historic electoral shift as it prepares for the general elections set for May 29. President Cyril Ramaphosa’s announcement of the election date, coinciding with the country’s 30th anniversary of democracy, marks a critical juncture for the African National Congress…
- Last week, on Thursday, February 15, the Ethiopian Government’s investment arm, Ethiopian Investment Holdings (EIH), signed a memorandum of understanding with Honk-Kong-based West Data Group’s Center Service PLC to commence mining bitcoin. The partnership is under a general agreement for a…
- TOPLINE Researchers have potentially linked an antiviral protein produced by the body during infection as the cause of long Covid, according to a new study, and they’re optimistic the next step is making medications to treat the disease. KEY FACTS Researchers followed patients with long Covid for 2…
- In a recent joint press briefing with Nigerian Foreign Minister Yusuf Maitama Tuggar, United States (US) Secretary of State Antony J. Blinken hailed the longstanding partnership between the countries in the fight against HIV/AIDS. Reflecting on the success of the US President’s Emergency Plan for…