- There are 600 million smallholder farmers around the world working on less than two hectares of land. These farmers are estimated to produce 28%-31% of total crop production and 30%-34% of food supply on 24% of gross agricultural area. The most-funded sector on the continent, according to…
- TOPLINE Instagram lead Adam Mosseri said in two Threads posts Friday that the new app would not encourage “politics and hard news” on its platform, a far cry from the promoted political content found on its rival platform Twitter. The announcement of the social media app Threads is displayed in…
- Decoding types, machine learning, ethics, and the thrilling future of AI. Artificial Intelligence (AI) has emerged as a transformative technology with the potential to revolutionize various domains. This article delves into insights provided by Professor Ritesh Ajoodha from the University of the…
- TOPLINE OceanGate—the sea exploration company that operated the Titan submersible that went missing and imploded in June—is suspending all exploration and commercial operations, according to the company’s website. KEY FACTS News of the suspension came just over two weeks after five people were…
- South Africa’s energy sector is at a crossroads, facing several challenges that will significantly impact the country’s future. These challenges include rising energy demand, the need to reduce carbon emissions, an ageing and unreliable electricity infrastructure, and the necessity to provide…
- Former South African Minister in the Presidency Essop Pahad, renowned for his anti-apartheid activism, dies at age 84. Essop Pahad, a revered figure in South African politics and the former Minister in the Presidency, passed away peacefully at the age of 84 this morning, confirmed by his family in…
- TOPLINE More than 10 million people signed up to join Meta’s new “Threads” app within the first seven hours of its launch on Wednesday, the company’s CEO Mark Zuckerberg announced, an early sign that the Instagram offshoot may pose a serious threat to Twitter, which has recently been marred by…
- TikTok has seen several viral success stories in Nigeria. Content creators speak about the impact any restriction on the app might have on them. The TikTok app enjoys widespread popularity worldwide for its innovative short-form video-sharing features that have transformed everyday individuals –…
- TOPLINE Facebook and WhatsApp parent Meta will launch the firm’s long awaited competitor to Twitter, Instagram Threads, on Thursday, escalating the personal rivalry between feuding billionaires Mark Zuckerberg and Elon Musk and firmly throwing down the gauntlet after another chaotic weekend had the…
- How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” This passage from American writer Ernest Hemingway’s The Sun Also Rises perfectly summarizes the process almost every organization eventually faces. Or at least it did up until Tuesday, May 2. Because that…
- South Africa’s National Health Insurance bill aims to bridge the gap between private and public healthcare sectors. However, concerns about impact on private medical aid coverage and potential for reduced innovation and employment within the healthcare sector have sparked confusion around its…
- The next boom in world football over the coming 10 years will surely be in the women’s game, largely because the potential is so great. And the impact the African sides can make. Africa will send a quartet of teams to the FIFA Women’s World Cup for the first time, which includes two debutants at […]
- TOPLINE High-profile collapses in bank stocks and losses for major healthcare and energy companies headlined the biggest names losing out on 2023’s broader market rally. KEY FACTS Banking turmoil was behind much of the market’s less fortunate spots; investors in First Republic, Signature and…
- Improving yield, efficiency and profitability in agriculture comes down to the harvesting of technology. At its forefront are the agritech innovators bringing transformative change to the continent’s green economy. FORBES AFRICA profiles some of Africa’s biggest agripreneurs, inventors, and…
- TOPLINE Khabane “Khaby” Lame, known for TikTok videos in which he silently mocks complicated “life hack” videos, holds the title of most followed TikToker for the first half of the year with more than 160,500,000 followers, holding his lead of about 10 million followers over dancer and social media…
- Samsung completed the second phase of the Solve for Tomorrow Competition, encompassing the Design Thinking workshops for the ten finalist schools – held in the five provinces (Gauteng, Mpumalanga, Free State, KwaZulu-Natal and Limpopo in South Africa) where the finalist schools are situated. The…
- TOPLINE Fast fashion retailer Shein shot down a Thursday report from Reuters that claimed it confidentially registered with regulators for a U.S. initial public offering, in what would be a highly controversial listing in the U.S. given controversy around the brand’s labor practices. KEY FACTS…
- Jehiel OliverFounder and CEO, Hello TractorKenya Chatting to FORBES AFRICA from Nairobi, Jehiel Oliver recalls how he started a business on the Hello Tractor platform where farmers could make up to $30,000 in bookings a year. “I’m from the US, and started my professional career in finance,” Oliver…
- TOPLINE A new study published Wednesday is calling into question one of the oldest stereotypes about the roles of men and women, finding that female members of many of the world’s remaining foraging societies are just as involved in hunting as men, despite long-held perceptions that men hunted and…
- The skin is the largest organ in the human body, but with NUMA Medical Aesthetics, it’s also part of the journey to a healthier and happier you. The skin is the largest organ on the body, and with that comes a boom- ing industry with a globalmarket value of USD 171.25 million, per Data Bridge […]
- ChatGPT, a cutting-edge language model developed by OpenAI, has revolutionized how we interact with technology and access information through artificial intelligence (AI). As an AI-driven conversation agent, ChatGPT has the potential to significantly impact various sectors in Africa, offering…
- International MSME Day on June 27 recognizes that small businesses and self-employed workers are crucial to the growth and development of economies. We also speak with Jeremy Awori, Chief Executive Officer, Ecobank Group, on the importance of this day. Small and medium-size businesses (SMEs) are…
- The beating heart of South Africa’s inner cities are the street vendors. They keep commuters fueled with fresh fruit, cooked food and drinkable water. They feed tired souls and also repair the tireless soles of those walking to and from work. They continue the legacy of indigenous practices by…
- In the heart of Johannesburg, in the trendy suburb of Rosebank–an address synonymous with the city’s most creative movers and shakers–a one-year-old hotel is turning the traditional idea of what a hotel is on its head. At voco The Bank Johannesburg Rosebank, a hotel is not simply a comfortable…
- TOPLINE Novo Nordisk, Eli Lilly and Pfizer have all entered the race for FDA approval of a first-in-class oral weight loss and diabetes drug, and because pills are cheaper to manufacture, these oral weight loss drugs may signal a more affordable (and easier) alternative to drugs—like Ozempic,…
- Sebastian Negri will go to the Rugby World Cup with Italy but was born in Zimbabwe and raised in South Africa. He will be key for the side, where they have a tough pool that includes hosts France and powerhouse New Zealand. “When you get an opportunity later in life to represent those people who […]
- TOPLINE Shareholder groups are demanding an independent investigation into human rights practices at McDonald’s, according to the Washington Post, after a series of child labor findings that included a 15-year-old getting grease burns from a deep fryer and a 10-year-old working until 2 a.m. KEY…
- Following the release of a new study, Gabriel Swanepoel, Country Manager at Mastercard, Southern Africa, shares insights related to behaviors emerging from South Africa’s informal sector. Q: Mastercard and FORBES AFRICA recently released a whitepaper titled Driving Financial Inclusion In South…
- Looking at the path to success of Qchain founder, Andrei Zaitev, and what, in the end, led him to something more. Well-known in the crypto community, Zaitev, almost from the first early years of the development of the cryptocurrency market, supported the industry in all available ways. In an…
- TOPLINE Bitcoin rose sharply Wednesday and surpassed $30,000 for the first time in months, continuing a days-long increase in the cryptocurrency’s price, despite economic uncertainty and a regulatory crackdown on some crypto exchanges. KEY FACTS Bitcoin’s price rose as much as 9.8% on Wednesday,…
- Desmond KoneyCo-Founder and CEO, Complete FarmerGhana There is no manual or playbook to tell you how to run a farm or even scale a business, as this agripreneur will tell you. “I think a lot of times, especially for solving problems in Africa, you always underestimate then infrastructure gap that…
- MultiChoice Africa Holdings (“MultiChoice Africa”) has demonstrated remarkable resilience and achieved profitability, solidifying its position as a leader in African entertainment. With the release of MultiChoice Group’s (MCG) FY2023 financial results, MultiChoice Africa proudly announces its…
- TOPLINE Coast Guard Capt. Jamie Frederick said Wednesday afternoon a team of experts is analyzing banging sounds that were picked up earlier Wednesday and late Tuesday, but the search mission for the Titan submersible—which has five passengers and disappeared Sunday—has not yielded any other signs…
- South Africa, Denmark, and the Netherlands have launched SA-H2, a $1 billion fund to bolster green hydrogen projects in South Africa. The fund, backed by major financiers, signifies a shared commitment to sustainable energy and a belief in green hydrogen’s critical role in a future low-carbon…
- TOPLINE Drugmaker GSK said Wednesday its RSV vaccine gave long-term protection in older adults after a single shot, according to results from its late stage clinical trial, promising news for efforts to combat the common and potentially lethal infection. KEY FACTS GSK said the shot, which is…
- The new Samsung Galaxy S23 Ultra is undoubtedly a powerhouse in the mobile phone world. It is one of the best premium smartphones money can buy. Capable, durable and reliable, the phone has redefined the standard of what smartphone innovation should offer. You take your work or business seriously,…
- Ndidi Okonkwo Nwuneli on her passion for equipping and investing in the continent’s future game-changers and also changing the food narrative on the continent. Why can’t a continent with over 60% of the world’s unused arable land grow enough food to sustain itself? For as long as she can remember,…
- In the African context, masculinity has often centred around the man as a dominant leader allowed (and sometimes expected) to be oppressive. It is one of the foundations of gender inequality, and one that is being challenged by the growing push for positive masculinity. Positive masculinity…
- Discover the beauty in this franchise opportunity. This strong and consistent beauty brand, built up over 14 years is finally offering franchise opportunities. The brands’ track record speaks for itself, as the founders and branches have won business and beauty awards, including multiple…
- TOPLINE A sweeping climate report released Monday says Europe is the world’s fastest-warming continent, which has contributed to violent wildfires, drought conditions and a rise in heat-related deaths over the last several years. KEY FACTS Europe’s temperatures are increasing at twice the global…
- Africa is simultaneously contending with three realities: the continent has the youngest growing population; the Covid-19 pandemic has spurred substantial development and growth setbacks; and employment opportunities are flailing. This is seemingly a direct antithesis of the Africa rise narrative…
- The Inclusive FinTech Forum is the global platform on Financial Inclusion and FinTech for good with a focus on emerging markets. This year’s inaugural event will be held in Kigali, Rwanda, from 20 to 22 June and will gather around 2,000 delegates including Heads of State, Governors, Ministers,…
- TOPLINE Only “human creators” can be nominated for Grammy Awards, according to new eligibility requirements released Friday by the Recording Academy, as the music industry adds new limitations for songs produced by artificial intelligence. The Recording Academy said “only human creators” are…
- As international organizations push for automation in social assistance programs, a report by the Human Rights Watch finds that the algorithms can’t always identify the most vulnerable households. The World Bank is increasingly incentivizing countries to develop technologies that can find and rank…
- South Africa’s Youth Day commemorates past struggles faced by a generation under apartheid striving for better education and opportunity. While much has changed, continuing challenges in education and economic opportunity mean that the country still relies far too much on the resilience of its…
- Our story started with a banana.” “Yes, a banana,” Peter Njonjo attests, as he sits down, adjusts his glasses and looks right into the camera reminiscing the beginnings of one of Africa’s most influential companies–according to Time Magazine–Twiga Foods. “And the key thing here was that bananas in…
- Zuwaira Isah-Ikharo is endeavoring to meet the needs of new moms in the West African region by providing products that are natural and non-toxic. Mothers shouldn’t have to choose between what works and what is good for their children. This is reportedly the premise behind American A-lister and self…
- TOPLINE Beyoncé’s “Renaissance” world tour—which launched with two nights in Stockholm last month—may have contributed to Sweden’s increased inflation rate in May, according to an economist from Danske Bank, after the tour resulted in increased hotel, restaurant and recreation prices. KEY FACTS…
