- Even though the world has begun to open up, the after-effects of the pandemic on the supply chain are noticeable. Limited shipping containers and flights have created a backlog putting massive pressure on component manufacturers. Where does that leave Africa? By Tiana Cline EMICONDUCTORS POWER the…
- TOPLINE An antiviral normally used to treat smallpox may reduce the duration of monkeypox illness, according to a study published Tuesday by the Lancet Infectious Diseases, possibly opening a new avenue to limit the ongoing international monkeypox outbreak. KEY FACTS The study analyzed all seven…
- Snap stock tumbled right over the cliff Monday evening, and the reason for the plummet makes it quite likely that Snap won’t be the last tech company to see its shares go so spectacularly splat over the next few months. Less than three weeks after issuing guidance for the second quarter, Snap is…
- Ghanaian entrepreneur Gwyneth Addo went from crunching numbers at a bank to counting on her customers with a successful hair brand catering to the affluent. Entrepreneurship, it seems, comes naturally to Gwyneth Addo. It’s in her genes. Her father was one of the first entrepreneurs to start selling…
- TOPLINE Apple is working to increase production of its products outside China, according to the Wall Street Journal, in an attempt to reduce reliance on the nation, where strict Covid restrictions have disrupted business. KEY FACTS Apple has informed some of its China-based assemblers of its…
- TOPLINE Children between five and 11 will now be able to receive a Pfizer booster shot five months after receiving the primary two-dose round, following CDC director Rochelle Walensky’s endorsement of a panel recommendation two days after the Food and Drug Administration approved boosters for the…
- Several new initiatives and partnerships also announced at landmark global gathering for sustainable energy. On 19 May, the Sustainable Energy for All (SEforALL) Forum, co-hosted by the Government of Rwanda, closed after three days of programming focused on advancing a clean and inclusive energy…
- As a leading brewer in the world, Anheuser-Busch InBev (AB InBev) has committed itself to the global sustainability agenda with a focus on its own global sustainability goals but largely aligned to the UN SDGs and aimed at driving the greatest impact in the communities of operation or presence. In…
- TOPLINE An uncrewed Boeing Starliner spacecraft reached Earth’s orbit Thursday evening and is now en route to the International Space Station, marking what could become the capsule’s first successful test launch following an unsuccessful 2019 attempt, a major step in Boeing and NASA’s quest to…
- Africa is a hit on TikTok, with instant global acceptance of the music coming out of the continent – and the artists are cashing in. BY PAULA SLIER AND SASHA STAR An earworm is defined by the Oxford English Dictionary as “catchy song or tune that runs continually through a person’s mind” The song…
- TOPLINE Getting vaccinated after a coronavirus infection could slash the risk of developing long Covid, according to a new study published Wednesday in the British Medical Journal, a possible glimmer of hope for developing future treatments for the millions of people still suffering symptoms months…
- Only 24, South African footballer Fagrie Lakay has seen a resurgence in his career over the last year, moving to top Egyptian Premier League side Pyramids FC. By Nick Said SOUTH AFRICAN FOOTBALLER FAGRIE LAKAY has long spoken about plying his trade outside of the country’s borders, but his move to…
- TOPLINE Pollution was responsible for more than 9 million deaths around the world in 2019, according to a study published in Lancet Planetary Health on Tuesday, equivalent to one in every six, a growing global problem researchers warn poses an “existential threat” to humanity but receives little…
- By Yacine Fal Of all continents, Africa is least responsible for climate change. It has contributed only a minute part of the greenhouse gas emissions that are responsible for the climate emergency the world faces today. Yet, Africa faces the same arduous battle as the rest of the world to tackle…
- From Africa to America, entrepreneur, architect and urban planner Mokena Makeka speaks to his journey from a Maseru childhood to working as a globally recognized scholar in urban planning and advisor trying to bring innovation to climate justice initiatives around the world. Growing up between the…
- TOPLINE The Food and Drug Administration on Monday declined to authorize a cheap and widely available antidepressant as a treatment for Covid-19, finding that a study indicating the drug was effective against the disease was severely limited. KEY FACTS Fluvoxamine maleate—which is used to treat…
- BY TIANA CLINE THE ANONYMOUS, unregulated nature of cryptocurrency – which for many is a selling point – is also what makes crypto oh-so-popular with hackers. It is estimated that in 2021, crypto scammers stole around $14 billion in cryptocurrency worldwide. And it’s not only newcomers who are…
- Caroline Grant, English Programmes Director, Sub-Saharan Africa, British Council Girls in sub-Saharan Africa face numerous barriers to quality education. Research by the British Council shows that in many countries, no more than 10 girls out of every 100 complete lower secondary school. In addition…
- TOPLINE A minimum of 318,000 Covid-19 related deaths spanning from January 2021 to April 2022 would have been avoided with readily available vaccines, based on research spearheaded by Brown University and Microsoft AI Health, suggesting vaccine skepticism or lack of vaccine availability led to…
- Increasing case numbers and higher rates of test positivity indicate that South Africa is entering its fifth wave of COVID-19 infections, in large part driven by two new variants of concern. South Africa is currently recording its highest surge in COVID-19 cases since January of this year, marking…
- NFTs were the biggest breakthrough in technology last year, its founding inextricable from the art world. Proponents point to a future where art is democratized, funds secure and royalties continuous. Detractors believe NFTs are a scam, and point to fraudulent activity and the exclusivity of highly…
- As the battle to acquire customers and retain eyeballs intensifies for streaming platforms, Amazon becomes the latest to court original partnerships with Africa’s movie hub, Nollywood. “Nigerian content is seen by a lot of people all over the world and it is a good opportunity to set up shop here…
- Tesla shares are down 15% since last Friday, making it a bad week for the world’s richest person. Tesla and SpaceX chief Elon Musk lost $15.7 billion of his net worth on Wednesday, as shares of his electric vehicle maker fell by 8%. The world’s richest person (worth an estimated $224.5 billion) is…
- TOPLINE Moderna’s coronavirus vaccine is safe and effective at preventing Covid-19 in children aged six to 11, according to a peer reviewed study published in the New England Journal of Medicine on Wednesday, as the Food and Drug Administration considers expanding access to the shots for younger…
- Farming flies and cockroaches to ensure food security? Read on for some of the most fascinating insights on alternative agriculture in Africa. BY PAULA SLIER AND SASHA STAR ANY CHILD GROWING UP IN THE 90S — OR their parents, for that matter — will likely recall the scene from The Lion King where…
- TOPLINE Anecdotal evidence suggests that the coronavirus omicron variant may be less likely than other variants to cause smell loss, a common Covid-19 symptom with potentially serious implications for brain function, according to a paper published May 3 by Otolaryngology–Head and Neck Surgery. KEY…
- MUSTAFA SAEED SEES THE POTENTIAL OF ALL ART FORMS AS THERAPY IN A POST-WAR NATION, MOVING TOWARDS COLLABORATIVE EFFORTS TO MAKE THIS HAPPEN IN SOMALILAND, WITH A MARKETING AGENCY, AND AN INNOVATIVE HUB HOW DO ARTISTS view work? Take Mustafa Saeed, a self-taught Somali photographer and creative…
- When Alon Rom took over as Hellopeter’s CEO in late 2014, South Africa’s customer advocacy platform was at somewhat of a crossroads. The founder had done phenomenally well establishing the platform and decided it was time to move on. As luck would have it, Alon was waiting in the wings, with…
- Newly valued at $2 billion, the AI 50 debutant originated as a chatbot for teenagers. Now, it has aspirations—and $100 million in fresh dry powder—to be the GitHub of machine learning. When Hugging Face first announced itself to the world five years ago, it came in the form of an iPhone chatbot app…
- Momoko Harada is turning macadamia nuts in Rwanda’s verdant, virgin fields into valuable export currency, in turn also helping the farmers and protecting the environment. WORDS AND PHOTOS BY RIDHIMA SHUKLA AT A FACTORY farm, about a 45-minute drive east of the Kigali city center in Rwanda, is a…
- Advancing Africa’s economic status is dependent on attracting investment and private capital. However, your board is likely subconsciously influenced by the perceived risks of funding infrastructure projects in Africa. Luckily, according to two reports, the market perception is changing for the…
- If it seems like the same Wall Street banks keep getting mentioned again and again as examples of companies requiring full-time, in-office work, there may be a reason: They don’t have much company. A new survey of human resources leaders from the Conference Board, a nonprofit business research…
- Renowned women’s and environmental activist Cécile Ndjebet sits down for an exclusive interview with FORBES AFRICA as she is announced the winner of the prestigious Wangari Maathai Forest Champions award for 2022. “Determined, considerate and principled,” is how renowned activist, conservationist…
- One of Ghana’s finest DJs on being an example to young people and what Africa’s A-list musicians are now doing differently. By Tania Habimana Botswana had a taste of fine Ghanaian talent recently, when DJ Black belted out his foot-tappingnumbers on the opening night of the Forbes Under 30 Africa…
- TOPLINE The stock market moved sharply lower on Thursday, reversing all of its gains from the previous session when the Federal Reserve raised interest rates by a half-percentage point, as volatility remains elevated and investors continue to worry about risks to economic growth. KEY FACTS The…
- For young Kenyans looking for a way to supplement their income or start a side business, forex trading has become a very popular recourse. A new sector of Kenyan forex traders has evolved as a result of the proliferation of mobile device technologies. There are various trading apps used by Kenyan…
- I pray for the people there, for the families of the many hundreds that I had met and for the souls of all those that have passed on during this unfortunate conflict; but more than anything, I pray for the children who have witnessed this brutality as history has reminded us that nothing lingers…
- After her recent gold at the World Cup in Cairo, 20-year-old South African gymnast Caitlin Rooskrantz tells us what it takes to win, despite injuries and setbacks, even as she looks forward to the 2022 Commonwealth Games. Topline In a recent interview with FORBES AFRICA, South African gymnast…
- IN MARCH, AFRICAN PHILANTHROPIST AND SOCIAL entrepreneur, Tsitsi Masiyiwa, and other world philanthropists came together to raise $1 billion to advance gender equality and women’s leadership. The organization, Co-Impact, launched The Gender Fund to bring significant resources into a grossly…
- TOPLINE Severe Covid cases may cause cognitive impairment equivalent to aging 20 years and losing 10 IQ points, according to a new study conducted by researchers at the University of Cambridge and Imperial College London, adding to a growing body of evidence that coronavirus infections can lead to…
- Art can have many expressions. Jacqueline Suowari’s is as a draughtswoman, with larger- than-life drawings using a ballpoint pen. FOR AS LONG AS JACQUELINE SUOWARI CAN remember, she had wanted to become an artist. Born in Zaria in Kaduna State, Nigeria, Suowari developed a passion for art the…
- TOPLINE Elon Musk is looking for additional equity financing for his planned $44 billion purchase of Twitter, Reuters reported Monday, which could allow the billionaire to reduce the amount of his own money bound up in the acquisition without taking out more loans. KEY FACTS The Tesla CEO has…
- Technical analysis has become a go-to strategy for many traders to build strategies and gauge market strategy. It is a broad subject, but at its core technical analysis relies on the use of charting tools and indicators to gauge market momentum and trends. This information can then be used to…
- Tanzania-born Franck Leya, the co-founder and Managing Director of Honest Travel Experience in South Africa, has had an interesting journey and is now working towards getting people to experience the continent on solar-powered scooters. BY NAFISA AKABOR I was not a fan of how tourism was being done…
- In a surprising move, the Central African Republic has become the first African nation and second country worldwide to adopt Bitcoin as recognized currency. The landlocked nation of the Central African Republic (CAR) has become one of only two countries to adopt the cryptocurrency Bitcoin as legal…
- At the recent Forbes Under 30 Summit Africa in Botswana, Patrice Motsepe called for more urgent investments in young people. President of the Confederation of African Football (CAF) and South African billionaire, Patrice Motsepe, called for the greater promotion of African football, also urging…
- Just how secure is your corporation? Nearly three quarters of South Africa’s top 100 corporates are investing more in cybersecurity than the industry average, but an almost equal proportion don’t feel fully protected by their current cybersecurity strategy. The State of Cybersecurity in South…
- TOPLINE Elon Musk sold more than 4.4 million shares of electric car company Tesla earlier this week for just under $4 billion, according to Securities and Exchange Commission filings released Thursday evening, shortly after the billionaire Tesla CEO agreed to buy Twitter. KEY FACTS The sales took…
- Plastic rarely gets recycled, ending up in landfills and our seas. From waste-reclaimers to waste-preneurs laboriously upcycling all kinds of material, will the circular economy become mainstream before we choke up our oceans and the planet with immutable rubbish? DID YOU KNOW THAT THERE ARE FIVE…
- TOPLINE Rapper Travis Scott mounted his return to the music industry Wednesday with the announcement of several public performances, his first since 10 people were killed and hundreds were injured in a crowd surge at a music festival he headlined five months ago. KEY FACTS Scott’s first public show…
