- Aisha Shehu is using fashion to shift the narrative of the Fulani people in Nigeria. Aisha Shehu is on a mission to show the world the beauty of the Fulani culture as a modern Fulani woman. The cultural detail and distinctive colors of the traditional outfits of the Fulani tribe always resonated…
- At day three of the 15th BRICS Summit, the bloc’s expansion, welcoming Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, heralds a new phase of global collaboration and influence. In a significant move that has captured global attention, the BRICS bloc is set to welcome new members for…
- Topline Elon Musk claimed Wednesday X, formerly known as Twitter, could one day become a trillion dollar company, a stellar valuation that few companies have achieved, despite the major turmoil arising since the billionaire took the helm last October. KEY FACTS One of Musk’s first moves after…
- India’s Chandrayaan-3’s successful moon landing marks a historic achievement in global space exploration. The Indian Space Research Organisation’s (ISRO) triumph has garnered international attention and celebration. India has achieved a historic milestone in space exploration, solidifying its…
- Over the centuries, the existence of billionaires and business moguls is proof that real estate is a surefire way of achieving the kind of success that puts one in the comity of billionaires. Yet, few understand the dynamics of dabbling in real estate for investment purposes. Those who do know are…
- It’s bad enough that fintech startups have to grapple with the challenge of competing for funds in a global venture capital market that’s experiencing a funding drought. There is an extra hurdle for those using foreign capital to create new financial products in Nigeria: the value of the country’s…
- The BRICS Summit currently underway in Johannesburg explores expansion and a shared currency, challenging the US dollar’s dominance. The annual BRICS Summit kicked off in Sandton, Johannesburg, today to rapt viewers around the world, as the economic and political bloc touched on critical…
- The couple bringing cashew butter to store shelves and healthy eating plans in Tanzania. When the Covid-19 pandemic hit, Mohamedhussein and Sabiha Rashid were left with a large shipment of cashews they were expecting to export from Tanzania to the United Arab Emirates, as part of their maiden…
- TOPLINE New Covid boosters pending approval will only target the coronavirus’ Eris strain and other XBB subvariants, which make up most cases in the U.S., causing some experts to encourage patients to wait for the new shots instead of getting a current bivalent booster. KEY FACTS In June, a Food…
- South African President Cyril Ramaphosa has been cleared by the country’s reserve bank in the ongoing Phala Phala scandal, ruling that there was no contravention of exchange control regulations based on the available information. The South African Reserve Bank (SARB) revealed its findings in a…
- TOPLINE DC Comics’ late-summer superhero movie Blue Beetle grossed roughly $9.8 million on its opening day at the U.S. box office, taking down Mattel’s Barbie after a month on top of the box office charts, though Blue Beetle’s opening still pales in comparison to rival Marvel’s recent releases, a…
- Nigeria faces its highest inflation rate in approximately two decades, with the last instance of such soaring inflation recorded back in September 2005, when the rate touched 24.3%. Nigeria faces its highest inflation rate in approximately two decades, with the last instance of such soaring…
- TOPLINE The price of Bitcoin fell below $26,000 Thursday—its lowest level since June—amid a broader crypto market slump after the Wall Street Journal reported that SpaceX has taken a significant write-down on its Bitcoin holdings and sold the cryptocurrency. KEY FACTS The price of the world’s most…
- Time is money for London-based luxury watchmaker William Adoasi, and he is now using it to support quality education in sub-Saharan Africa. William Adoasi grew up in one of the roughest council estates in London and for as long as he could remember, wanted to get out. His parents emigrated from…
- Valued at $2.2 billion in 2021, African money-transfer startup Chipper Cash was slow to adapt to the funding collapse of 2022. Now, after layoffs and a deep valuation cut, it’s focusing on the basics–and profitability. The layoffs at Chipper Cash, a five-year-old fintech startup that lets African…
- A deadly attack in Niger claims the lives of 17 soldiers, raising concerns of escalating jihadist activity following the recent overthrow of President Mohamed Bazoum. Supporters of the military junta face the dual threat of ECOWAS military intervention and internal extremism, as a new militia…
- The Ukrainian air assault forces finally have deployed their most powerful unit. The 2,000-person 82nd Air Assault Brigade, which is stacked with Marder and Stryker fighting vehicles and Challenger 2 tanks, rolled into action around Robotyne, in southern Ukraine’s Zaporizhzhia Oblast, apparently in…
- The BK Arena in Rwanda’s capital city Kigali was the stage for some electrifying performances as global artists enthralled basketball fans and excited locals at the grand opening of the first-ever week-long Giants of Africa festival on August 13. The event, graced by Rwanda’s President Paul Kagame…
- TOPLINE Barbie was pulled from theaters in Algeria this week, joining a growing list of countries that, despite the summer blockbuster’s widespread success, have banned the film because of its themes of gender and sexuality or because of the film’s alleged use of a controversial map. (Say what?)…
- TOPLINE Ozempic and Mounjaro manufacturers are being sued over claims that the drugs cause gastroparesis, a severe stomach disorder, but some experts believe this assertion is inaccurate because the drugs only cause a temporary delay in stomach emptying. KEY FACTS Earlier this month, a personal…
- Exploring the emerging trend of using cryptocurrency as a hedge against inflation, highlighting real-world applications and driving economic growth in South Africa. Cryptocurrencies have had a tumultuous history, often marred by speculation and fraudulent activities. However, the recent decline in…
- Food waste costs grocery stores $28 billion every year. Afresh is working to slash that number. Albertsons wants to sell fresh raspberries. Not raspberries that are mushy. Or moldy. Or that will be inedible the day after you stick them in your fridge. But raspberries that are red and juicy and…
- TOPLINE Niger’s military junta announced plans to charge ousted President Mohamed Bazoum with “high treason” and undermining national security, defying international pressure to release and reinstate the democratically elected leader and raising tensions in the region just hours after coup leaders…
- Isaac Oladipupo, the CEO of Afrilearn, co-founded the edtech startup with Gabriel Olatunji-Legend in 2019 with a bold vision: to provide affordable, world-class education for Africans anywhere. For millions of children and young people in Africa, access to quality education is often limited by…
- Africa’s secret weapon in the global energy race – green hydrogen. The continent has the potential to flip the script, transitioning from a fossil fuel consumer to a green energy titan. The global energy transition has a burgeoning champion – green hydrogen. Often overshadowed by solar and wind,…
- The country is making its mark in the field of IT, positioning itself as a significant player on the African continent. With an estimated GDP growth of 6.3% in 2024, the country is undergoing an ICT digital transformation that promises to drive further economic growth. The expansion of network…
- TOPLINE Tech executives Mark Zuckerberg and Elon Musk suggested in June they’d be interested in clashing in a UFC-style cage fight, and egged each other on while tensions escalated between the two billionaires and their companies—but Zuckerberg downplayed the potential of a billionaire brawl Sunday…
- After taking the daring step of unifying the Naira, the Central Bank of Nigeria (CBN) has reported a composite foreign exchange (FX) influx of $2.55 billion in two months. This increased inflow was predominant in the Investors and Exporters (I&E) window, marking $1.41 billion in June, up from $…
- From Hackney to Hollywood, Idris Elba has always had one thing on his mind – Africa. He is now investing in the continent’s movie industry, is on course to build a smart city in Sierra Leone, is tackling the climate crisis and as a true ‘son of the soil’, is also lending a helping hand […]
- TOPLINE Global oil demand reached record levels in June and is poised to peak again in August, the International Energy Agency said on Friday, warning that price hikes could be on the horizon as slowing outputs from major suppliers like Saudi Arabia tighten supply. KEY FACTS World oil demand hit a…
- The Radisson Blu Hotel & Convention Center in Kigali is just 5km from the bustling city center and Kigali International Airport (KGL). Our contemporary hotel offers you all the comforts and amenities that you’ve come to enjoy and expect from a world-class hotel. Chic Accommodation, Excellent…
- Africa’s largest economy has received a positive assessment from Standard and Poor’s (S&P) Global Ratings, which upgraded the country’s credit outlook from negative to stable. The ratings agency cited the new government’s reform agenda as the main reason for the improved outlook. Nigeria has…
- Earning the support and trust of the community surrounding the Malaika school in the Democratic Republic of the Congo (DRC) was vital in its early days, and still is today, says the non-profit’s founder and philanthropist, Noëlla Coursaris Musunka. In the heart of Kalebuka – a village in Lubumbashi…
- TOPLINE New research found that organs like the heart, liver and kidneys may still be affected by Covid well after the lungs have healed, affirming previous research that long Covid can affect multiple organs. KEY FACTS A new study published in Science Translational Medicine on Wednesday reviewed…
- TOPLINE Google and Universal Music Group are discussing whether to license artists’ melodies and vocals for AI-generated music, according to the Financial Times, following a recent trend of music produced by artificial intelligence that has faced backlash—and support—from music labels and artists.…
- Entrepreneurship is a risky game. Ask these women who have had to create their own rules and lead with hustle and heart. They entered the game at different times but have one thing in common – their focus on the finish line. They are in it to win it, come what may. A Women’s Month […]
- The president of the World Bank, Ajay Banga, visited Nigeria to reaffirm support for the bank’s aspirations “for Nigerians to live with dignity in a prosperous and climate-resilient Africa”. In a CNBC Africa exclusive interview on Monday, Banga disclosed: “Talks with President [Bola] Tinubu have…
- Considered the most entrepreneurial continent in the world, Africa is also home to the highest proportion of women entrepreneurs globally, with 58% of the continent’s self-employed population being women who contribute some 13% of Africa’s total GDP. According to the 2022 Mastercard Index of Women…
- TOPLINE Moderna and BioNTech shares both cratered to their lowest price in years Monday as the companies behind the most widely-circulated mRNA Covid-19 vaccines grapple with investor disappointment with crashing revenues. KEY FACTS BioNTech and Moderna’s stocks fell 8% and 6%, respectively, a…
- An in-depth look at investment in some of the continent’s most promising entertainment industries reveals areas of growth, challenges and what the future might hold. Africa’s heartbeat is in rhythm with the passion, culture and creativity of its people. On a continent of 1.4 billion people…
- The recent coup in Niger has escalated tensions in West Africa as the junta defies ECOWAS’s deadline for reinstating President Mohamed Bazoum. Niger has closed its airspace following the expiration of a deadline imposed by the Economic Community of West African States (ECOWAS) for the reinstatement…
- TOPLINE Billionaire Elon Musk—the owner of X, previously known as Twitter—made a broad offer in a tweet late Saturday night, saying the platform will fund legal fees for people who “were unfairly treated” by their employers because of something they posted or liked on X. KEY FACTS Musk added in the…
- Among the key topics to be addressed at the BRICS Summit in August are the expansion of the bloc, a common currency within it, and ensuring food and energy security. After three years of virtual summits, South Africa is hosting in person the 15th BRICS Summit at the Sandton Convention Centre in…
- From being the 12th-largest beer-consuming nation to pioneering Rooibos-infused brews, South Africa’s beer industry shows no signs of slowing down, as we explore on International Beer Day. Today marks International Beer Day and South Africa raises its glasses to an occasion that epitomizes its…
- Company’s offer of $60 along with proof you aren’t a robot has hidden risks. Why trust a private enterprise with your biometric data? Worldcoin’s campaign to literally capture eyeballs on the internet is coming up against security concerns as critics question whether the benefits of the iris-…
- Africa is young, vibrant and full of potential for rapid economic growth. All it requires is increased and sustainable investment in human capital. Africa’s young people are energetic and ambitious. As the most connected generation of Africans in history, they hold the key to unleashing greater…
- TOPLINE Bot accounts and tweets from Twitter owner Elon Musk amplified the prices of FTX-listed cryptocurrencies, according to a Network Contagion Research Institute study published Wednesday, which took a close look at the sort of spam accounts that Musk recently claimed have been mostly tamed.…
- A week before the 2023 French Open, South African tennis ace and paralympian Kgothatso Montjane said on radio that she wanted to top her achievements with a Grand Slam win “to validate everything”. “And then I went out to win the Grand Slam, it was just unbelievable!” she says now, back in South…
- TOPLINE The U.S. women’s national team game against the Netherlands was last week’s most-watched show on television as it broke records for the highest-ever English language viewership of a group stage match in women’s FIFA World Cup history. KEY FACTS The match, which saw the two teams draw 1-1,…
- “It’s not just a knowledge-sharing initiative,” Business Unity South Africa (BUSA) CEO, Cas Coovadia, tells FORBES AFRICA of its collaboration with government. This is following a pledge by CEOs from over 115 of the country’s leading corporations to contribute to addressing challenges around energy…
