- 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…
- TOPLINE Covid vaccines from companies like Pfizer, Moderna and AstraZeneca were linked to rare occurrences of heart, brain and blood disorders, a recent peer-reviewed study found, though experts say the risks of developing Covid-19 greatly outweigh the risks of getting vaccinated. KEY FACTS…
- Story curated by Chanel Retief and Nicole PillayArt Direction: Lucy Nkosi Photography: Katlego Mokubyane ; Assistant: Sbusiso Sigidi Styling: Deneal Van Wyk; Outfits supplied by Fashimo Styles Studio, Ukara, Suited For Her and PreviewAccessories Hair & Makeup:Vanessa Unamaca, MakoleMade…
- TOPLINE OpenAI inked a deal with venture capital firm Thrive Capital that boosted its valuation to $80 billion or more, the New York Times reported, a nearly threefold increase in value from just nine months ago. KEY FACTS OpenAI will engage in an existing share sale under the “so-called tender…
- The continent’s 20 billionaires are worth a combined $82.4 billion. That’s up $900 million from last year’s $81.5 billion. The fortunes of Africa’s wealthiest people have rebounded slightly in the past 12 months, reversing the decline in their fortunes from a year ago, though they are still off…
- TOPLINE Medication abortions prescribed and delivered using video calls, text messages and pills delivered through the mail are just as safe and effective as a visit to the clinic, according to research published Thursday in Nature Medicine, as politicians across the country continue to fight over…
- Rwanda’s capital played host to the first-ever UK-Rwanda Business Forum recently, showcasing the East African nation’s development andpositioning as a potential investment destination in the region. Rwanda’s narrative has changed and the country is now proving to be a major hub for business in…
- As we progress further into 2024, a year guaranteed to be full of complexities and uncertainties, the heightened demand for genuine expertise to guide us through our challenges will become more important than ever. The dilemma we face is that too many people are in a rush to claim their expertise,…
- Women-founded companies in African health technology soared to new heights last year, raising $52 million in funding, 31% of the total investments compared to 2022’s 1.4%, which represents over 2,000% increase, as per Salient Advisory’s latest Market Intelligence report titled 2023 Roundup:…
- TOPLINE OpenAI is testing a new feature that gives ChatGPT a memory to store information from a user’s previous chats—including their voice, tone and personal preferences—in order to create a more intensely customized experience for future requests. KEY FACTS Users will be able to choose whether…
- The CEO ofKenya’s Private Sector Alliance speaks to FORBES AFRICA about the country’s growth prospects on the back of its 60 years of independence celebrations. Kenya is, arguably, East Africa’s most robust economy, with the country putting in the yards to better itself in several sectors. With…
- TOPLINE An elderly man has become the first person to die after contracting Alaskapox, health officials confirmed, urging doctors to stay alert for signs of the recently discovered virus that is closely related to other dangerous human pathogens like smallpox and mpox. KEY FACTS The man, who was…
- From Nigeria to the United States and the world, the international business community is mourning the loss of the Group Chief Executive Officer of Access Holdings. At the age of 57, Dr Herbert Wigwe, Group Chief Executive Officer of Access Holdings, met his untimely demise in a helicopter crash…
- It is said that good people die early. In the case of Herbert Wigwe, aged 57, it seems too soon. Those who had the privilege of crossing paths with Herbert realized immediately that they had a unique Leader before them. In this moment of pain and grief for his family and friends and faced with […]
- Artificial intelligence (AI) has emerged as a revolutionary tool, reshaping industries, streamlining processes, and improving decision-making. The success of AI is because we now have access to more data, and we possess adequate computational infrastructure to analyze such data. AI has enormous…
- South African President Cyril Ramaphosa on Thursday night delivered his sixth annual State of the Nation Address (SONA) in Cape Town’s City Hall, taking a nostalgic approach to the event as part of commemorating 30 years of democracy, as well as addressing what is likely to be the most highly-…
- TOPLINE The Oscars are adding a new award in 2026—the Academy Award for Achievement in Casting— marking the first new category added to the movie awards show since 2001. KEY FACTS The award, according to multiple reports, will make its debut at the 98th Academy Awards in 2026, when movies from 2025…
- The 15th annual Realizing The Dream Legacy Banquet recognized three community members who embody the leadership style of Dr Martin Luther King Jr., including Nigeria’s Adebola Aderibigbe, an advocate for girl child rights. At the 15th Realizing The Dream Legacy Banquet recently, Adebola Aderibigbe…
- TOPLINE Erectile dysfunction drugs like Viagra may reduce the risk of developing Alzheimer’s disease, a Wednesday study found, a breakthrough researchers say is needed to help prevent and delay Alzheimer’s diagnoses. KEY FACTS Participants who were prescribed erectile dysfunction drugs were 18%…
- In a landmark move, Tanzania marked its first participation at the Mining Indaba, being held from February 5-8 in Cape Town, South Africa. This year’s event, the 30th edition of the conference, with the theme Embracing the power of positive disruption: A bold new future for African mining, focuses…
- TOPLINE ESPN, Fox Corporation and Warner Bros. are coming together to create a new sports streaming service, multiple outlets reported Tuesday—in a move that will add another platform in the already-crowded streaming wars. KEY FACTS ESPN, Fox Corp. and Warner Bros. Discovery are teaming up on the…
- As the Central Bank of Nigeria (CBN) prepares for its first Monetary Policy Committee (MPC) meeting on February 26 and 27 under the leadership of its new Governor Yemi Cardoso, he shed light on the reasons behind the postponements, citing the need for thorough groundwork to ensure the MPC’s…
- ChatGPT and other generative AI are being widely used in higher education in school admissions. But now, students who’ve turned to AI for writing are turning back to people to make that work sound more human—and schools can’t possibly keep up. “Tapestry.” “Beacon.” “Comprehensive curriculum.” “…
- Topline The biggest night in music turned out to also be one of the biggest moments for 22-year-old Tyla Laura Seethal, famously known as Tyla. On Sunday, the South African singer made history when she took home her first Grammy award for Best African Music Performance for her song Water. The…
- TOPLINE French soccer star Kylian Mbappé has reportedly decided to join Real Madrid this summer after his contract with Paris Saint-Germain expires, ending months of speculation that the Spanish club could land the 25-year-old superstar. KEY FACTS French newspaper Le Parisien first reported the…
- The bloc’s recent expansion to include Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) could represent a complex and multifaceted shift in global power structures, transcending simplistic views of it as merely a challenge to Western dominance.In a significant development…
- TOPLINE Apple’s Vision Pro headset will be released in the U.S. tomorrow starting at $3,500, bringing the highly anticipated and pricey product to market after more than a decade of development. KEY FACTS The mixed-reality headset’s cheapest version sports 256 GBs of storage for $3,500, while the…
- The take-off for Africa will happen in Nairobi, says businessman Alex Chesosi to FORBES AFRICA in a recent interview. He is a man on a mission, keen to see Kenya play in the big leagues when it comes to technology. Chesosi, who wears several hats, is currently the Chairman of Intellimedia Networks…
- Maximizing its potential in renewable energy and the automobile industry, Morocco is poised to solidify its position as a hub for sustainability and innovation. “Morocco has today become an inevitable destination in the global market,” says His Majesty Mohammed VI, King of Morocco. Inside its…
- A decision by a Delaware judge late Tuesday afternoon has multibillion-dollar implications regarding Musk’s fortune. Elon Musk ceded the title of world’s richest person to Frenchman Bernard Arnault of luxury conglomerate LVMH Tuesday evening, after a Delaware judge voided a hefty package of…
- “The forum offers a delightful vacation on the expense account.” – Quote: unknown, 1981. Perhaps true but entertaining, nevertheless. Let’s plod on. Davos 2023: the word ‘polycrisis’ was on everybody’s lips as leaders deliberated the cascading crises of the moment. Attitudes have now hardened…
- Never mind the recent rally, for a decade the crypto industry has been selling the promise of decentralization, a new financial system without middlemen, but many blockchain projects have recreated the very elements they tried to overthrow, and regulators are adamant about keeping the status quo.…
- In the recent report by the National Bureau of Statistics (NBS) in Nigeria, the Consumer Price Index (CPI) for December reveals an increase, with the headline inflation rate rising to 28.92% compared to November’s 28.20%. The report indicates a 0.72% point uptick. In an analysis by financial…
- The Middle East kingdom is on massive building spree—creating private islands, luxury hotels, theme parks, cruise ports, even a desert ski resort. The question remains: If they build it, who will come? Whatever your preconceived notion of Saudi Arabia as a travel destination is, it’s about to be…
- A Brazilian producer and a Kenyan singer came together to create a song last year that soared up music charts globally, and collaborating with an India-born director for the video, it is now a milestone for African sound. A decade ago, who knew Africa would boast a full-fledged creative economy?…
- The global economic slowdown, geopolitical conflicts, the spillover impact of Covid-19 and heightened uncertainty have all shaped the way investment professionals and the financial services industry at large interact with clients. Individuals have become increasingly concerned about their finances…
- TOPLINE The head of the United Nations agency providing humanitarian aid to Palestinian refugees on Saturday denounced a move by a growing number of countries to pull funding for the agency following allegations by Israel that some of its staffers participated in Hamas’ attack on Israel on Oct. 7.…
- With the country’s electric vehicle market in the spotlight, an industry expert speaks to FORBES AFRICA about the complex tariff and trade dynamics shaping its import duties. What drives the tariffs of imported vehicles into South Africa? Currently, the country levies a 25% import tax on EVs,…
- TOPLINE As shares of Tesla sank 13% Thursday, a day after the company reported missed estimates in its fourth-quarter earnings, the net worth of its centibillionare CEO Elon Musk dropped by more than $18 billion, though he remains the richest person in the world. KEY FACTS Tesla stock sank 13.2% to…
- TOPLINE The British Museum and London’s Victoria and Albert Museum (V&A) announced on Thursday that 32 gold and silver artifacts from Ghana, which were looted during the Anglo-Ashanti Wars in the 1800s, would return to the country for the first time in 150 years—but only for a limited amount of…
