- For diasporans locally known as ‘I Just Got Back’ (IJGB), coming to Lagos for ‘Detty December’ — a time when Nigeria’s cities come alive with celebrations, music, and cultural events — feels like home reimagined, where tradition meets the future. By early December, the arrival halls at the Murtala…
- Electric vehicles in Rwanda pave the way for rider-entrepreneurs and sustainable transport. Motos – local lingo for motorbike taxis – are ubiquitous and a common sight in Rwanda, as they are in the rest of East Africa. A crucial lifeline of the economy, they mostly transport commuters and informal…
- Musk’s fortune soared by a record $170 billion in 2024–putting him an all-time high dollar amount ahead of Jeff Bezos, the world’s second richest person. The soaring valuations of Tesla, SpaceX and xAI boosted Elon Musk’s fortune to an estimated $421.2 billion as of December 31, 2024, up from $251…
- Entrepreneurship often carries an air of glamor and boundless opportunity. For me though, it was neither a choice nor a planned move; it was a necessity. In 2019, I found myself stepping out of a senior leadership role at a bank, leaving behind the comfort of a stable sal- ary and the relative…
- Animal-assisted intervention is a therapeutic approach gaining traction across Nigeria for children with Neurodevelopmental disorders such as autism, attention-deficit/hyperactivity disorder (ADHD) and learning disabilities. Dogs, rabbits, aquarium fish and turtles are proving to be their…
- The West African nation first began converting part of its external reserves into yuan in 2011 before signing its first Bilateral Currency Swap Agreement valid for three years with China in 2018, valued at 15 billion Chinese yuan (approximately $2.5 billion at the time). Nigeria and China have…
- Dalan Animal Health is working to sell its bee vaccines to commercial beekeepers and governments – and potentially expand to other invertebrates. How do you vaccinate a honeybee? And will beekeepers care enough to do it? Those are the questions Annette Kleiser has been wrestling since founding…
- WHAT DOES IT TAKE TO SWIM SOUTH AFRICA’S FALSE BAY, with nothing but a swimming costume and a tenacious will to cross the 34km route, contending with white sharks and jellyfish stings, and in freezing temperatures that can tear into your soul? Here’s why more open water swimmers are signing up, and…
- We check out what’s brewing in one of Kigali’s hottest coffee spots. Also, about 80% of their farm workforce is women. As you step into Kivu Noir, in downtown Kigali, you’re instantly enveloped by the rich aroma of freshly- ground coffee that the lively baristas rustle up behind the counter. One of…
- Calling all visionaries, risk-takers and young change-makers; FORBES AFRICA is all set to for the 2025 intake! For drawing up the continent’s most sought-after list of young leaders, we are on the quest for 30 of Africa’s brightest people under the age of 30 in the Business, Technology, Creatives,…
- Topline Bitcoin set several new records throughout 2024 and eclipsed the six-digit threshold for the first time, leading the charge amid a broader crypto rally after Donald Trump’s election victory—but its milestone surge to $100,000 wasn’t even the most impressive outperformance of the market by a…
- Topline The Food and Drug Administration approved Zepbound as the first prescription medicine to treat sleep apnea on Friday—marking a significant win for the drug company Eli Lilly, which had Zepbound approved as a weight-loss drug last year. Key Facts Zepbound, an Eli Lilly drug, can now be…
- Topline The next two FIFA Women’s World Cup tournaments, to be held in 2027 and 2031, will be streamed exclusively on Netflix in the first ever broadcasting deal to separate the women’s tournament from the men’s, marking a major victory for the streamer as it works to break into the world of live…
- Drone delivery and logistics company Zipline continues to make inroads for communities in the remote areas of Rwanda to access essential medical and agriculture supplies. Over an hour’s drive outside the city of Kigali, if you happen to see a drone flying overhead, you must know that it has been…
- Africa is rapidly emerging as a vital market for the United Arab Emirates (UAE), with the UAE the largest investor on The Continent Among Gulf Cooperation Council (GCC) states. The significant opportunities along the UAE- Africa trade and investment corridor were explored at the inaugural edition…
- Famously known as the land of a thousand hills, THE EAST AFRICAN COUNTRY OF RWANDA is buzzing with new energy. Over the last three decades, the country has made significant strides in multiple sectors, from agriculture to automation to infotech. On these pages, we offer a glimpse of the ideas and…
- What comes first: the chicken or the egg? ARTURO ELIZONDO’S biotech is reinventing protein, reshaping global diet and future-proofing the food industry. read on about the world’s first liquid egg made without hens. Protein water, protein ice cream, protein pasta, protein cookies and protein cereal…
- The technology scene on the continent is thriving, producing billion-dollar businesses that are transforming the digital landscape. The word ‘unicorn’, synonymous with an entity that is rare and legendary, is the ideal way to depict startups valued at over $1 billion. Traditionally associated with…
- Arturo Lomeli is transforming his super premium tequila brand into Mexico’s first luxury house—including hotels and boutiques—while maintaining the brand’s independence. Inside his modern home in the hills of Guadalajara, Mexico, Arturo Lomeli is eating one of his favorite foods—taquitos, piled…
- With streaming services making international music more accessible, the former U.S. President’s endorsements often lead to increased visibility for emerging artists, resulting in surges of streams and social media traction. Former United States (U.S.) President Barack Obama’s 2024 favorite playlist…
- Earlier this month, Benin-born artist Hubert Sodoganji, popularly known as Amémé, released his remix of five-time Grammy award-winning singer Angelique Kidjo’s 30-year-old iconic track Agolo. The significant cultural connection and collaboration, as both artists are from the West African nation of…
- A tumbler that reminds you to drink water and an 18k-gold ring that helps make your payments. Whatever’s next? Apple Watch Hermès The Apple Watch Hermès Series 10 comes in the signature Hermès orange box, available at Apple or Hermès. The new model supports sleep apnea and wrist temperature, a 6m-…
- Topline Almost half a million power bank chargers sold exclusively on Amazon over the last six years have been recalled after dozens of reports of the product expanding, igniting, melting, overheating or smoking while in use. Key Facts The recalled portable chargers are powered by lithium-ion…
- As the founder and CEO of the Arise Group, one of the largest infrastructure investment platforms in Africa, Gagan Gupta has, in a decade, developed a portfolio of 18- plus large-scale infrastructure projects across Africa. Present in 12 African countries and employing over 6,200 people, building…
- First, there’s curiosity, then, there’s courage and thereafter, the commitment to see it through. When you are your own boss and sole employee reporting to yourself, as an early-stage, one-person microbusiness working with maybe contracted help, your job does not have a nine-to-five playbook. As…
- Hot off the fashion runways, here’s a look at the cross-cultural fusion of African designers overseas. The following pages explore fashion as cultural diplomacy; the designer pieces not only contribute to current global trends but also challenge stereotypes allowing for a broader understanding of…
- There are affordable ways to reduce the amount of plastic you use and alternatives that help limit the spread of microplastics when you’re out shopping and eating this holiday season. Microplastics, the tiny pieces of plastic debris that permeate everything from the water we drink to the air we…
- Topline Sean “Diddy” Combs appeared in court Wednesday for what is likely to be his last court appearance for several months in his federal sex trafficking case that will see him spend the Christmas holidays in prison despite several attempts by his attorneys to have him released to house arrest. (…
- It has been a decade since the foot-tapping beats and vibrant culture of Amapiano became one of Africa’s most popular music genres. In recent years, it has been the toast of the global music scene as well, as African artists continue to release hits that dominate the charts worldwide. And 2024 has…
- Plus: A $13.2 Billion Shopping Day; Holiday Spending Predicted To Hit Record Levels, But With Slower Growth; Inflation Makes Shoppers More Likely To Use Credit; Avoiding Shopping Scams This is the published version of Forbes’ CEO newsletter, which offers the latest news for today’s and tomorrow’s…
- It has been 30 years since the release of the cinematic classic, The Lion King. It has been 27 years that it has been playing on stage at the Minskoff Theatre in Broadway, New York. The legacy continues with the release of Mufasa: The Lion King, the prequel to the 2019 live-action version of The […]
- Topline Nissan Motor’s shares surged sharply on Wednesday morning after reports emerged that the company had initiated talks for a merger with fellow Japanese carmaker Honda, in a move that intended to help Nissan wade through an ongoing crisis and reportedly allow the Japanese companies to compete…
- Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), reappointed for a second term, has also been named one of Forbes’ 100 Most Powerful Women in the World in 2024, marking her eighth appearance on the list. In a post on X (formerly Twitter), Okonjo-Iweala celebrated the…
- Topline Shares of MicroStrategy rallied Monday after the corporate bitcoin holder earned a spot in a key stock index, an apparent institutional vote of confidence in the company whose stock has been red hot amid the cryptocurrency boom. Key Facts MicroStrategy stock gained 4% at market open,…
- German President Frank-Walter Steinmeier’s third visit to Nigeria, accompanied by a high-powered delegation of CEOs and board members from leading German companies in information technology, high-tech, and energy sectors, signals an elevated importance of the West African nation in Germany’s…
- Topline Millions of stainless steel travel mugs sold by the popular Stanley brand have been recalled as the company reports dozens of burn injuries caused by faulty lids. Key Facts Stanley on Thursday issued the recall notice for 2.6 million of their Switchback and Trigger Action stainless steel…
- Topline A federal appeals court has upheld a federal ban on TikTok that would make the app unavailable to American users starting in January, and while TikTok is doing all it can to reverse the decision, users still have time to save their favorite videos before they potentially disappear. Key…
- The Uncertainty around the U.S. elections after months of debate was fi nally put to rest as results were announced on November 6. Donald Trump created history by winning when all the odds were supposedly stacked up against him. Listening to Professor Allan Lichtman, the ‘Nostradamus of election…
- Scams during the festive season are the most lucrative for criminals, according to experts. How can customers ensure that they don’t fall prey during the holiday season and into 2025? As the festive season continues, experts have warned consumers that although it is a time to be merry and jolly, it…
- After Claudia Sheinbaum took the oath of office as Mexico’s president in October, a historic cheer filled the congressional chamber: “Presidenta! Presidenta!” Sheinbaum, 62, is the first woman to preside over the nation—the world’s 12th-largest economy—in its 200 year history as an independent…
- Naana Jane Opoku-Agyemang’s emergence as Ghana’s first female vice president brings the West African nation, home to 34 million people and renowned for its democratic institutions, closer to the possibility of electing its first female president — a milestone recently achieved by Namibia with the…
- In today’s interconnected world, where technology underpins virtually every business operation, the threat of cybercrime has become increasingly significant. Cyberattacks are not only growing in frequency but are also becoming more sophisticated, making robust cybersecurity a critical necessity for…
- Topline Meta apps Facebook, Instagram and WhatsApp were experiencing issues Wednesday afternoon as thousands of people reported outages for the apps on DownDetector—though Meta said just after 5:30 p.m. EST the issue was almost fixed. Key Facts Reports of outages soared starting around 12:30 p.m.…
- Monday marked the last day of 16 days of activism in the country. While the campaign was designed to raise awareness of the negative impacts of violence and abuse on women and children, experts, activists, and researchers believe that more, especially at the private sector level, can be done to…
- Our travel writer Ramdas Iyer explores the ancient, Sunbaked Ksours, Kasbahs and Vernacular mud architecture in the region South of Marrakesh. Ksours form part of the typical desert landscape in most countries of North Africa. Some of them have become famous thanks to the sci-fi or historical films…
- The highway will connect Côte d’Ivoire, Ghana, Togo, Benin, and Nigeria, regions that account for 75% of West Africa’s commercial activity. A 1,028-kilometer project dubbed Abidjan-Lagos Highway Corridor, is slated to begin in 2026 and conclude by 2030, fueled by $15.6 billion in investment…
- Topline Gas prices in the U.S. reached a more than three-year low Monday, dipping below the $3.00 mark as Americans prepare to travel for the holidays. Key Facts The national average price for a gallon of gas reached $2.97 this week, according to data from GasBuddy, marking its lowest point since…
- Artificial intelligence (AI) holds transformative potential for Africa, but harnessing it responsibly is crucial. As AI increasingly integrates into various sectors, standards for robust governance frameworks are essential to ensure its ethical and beneficial use for all Africans. The United…
- Through a comprehensive approach that includes regulatory overhaul, grassroots support to its citizens, infrastructure expansion, and strategic partnerships with the private sector, Nigeria is recalibrating the use of its vast natural gas reserves. “Nigeria’s motorists can buy petrol at N1,000 per…
- Topline An undiagnosed disease outbreak in southwest Congo causing flu-like symptoms has now infected more than 400 people since October, health officials said Sunday, and reportedly killed 143 people since October, disproportionately affecting children under the age of five—as health officials…
