- As traditional banking remains out of reach for many still unbanked and underserved In Africa, is Cryptocurrency slowly beginning to take a share of African wallets. The continent is anticipated to reach $2.9 billion in cryptocurrency revenue this year, and this growth is only going to grow…
- Topline Nearly a decade after releasing her most recent album “Anti,” billionaire pop star and beauty mogul Rihanna hinted at her long-awaited new music in an interview with Harper’s Bazaar, stating she’s been in the studio for eight years but finally had the realization about what she wants her…
- Heard of catfishing? Disturbing trends from the world of online dating and how these dangerous scams are on the rise. Watch out for the red flags. A 19-year-old university student from South Africa, Tom Harris (name changed to protect identity), is urging people to be more cautious when it comes to…
- Topline Pope Francis had a restful night Saturday, the Vatican said Sunday morning, after the 88-year-old leader of the Catholic Church suffered a respiratory crisis, putting him in critical condition following his week-long hospitalization for a lung infection. Key Facts “The night passed quietly…
- Nigerians don’t just sip ruby-red cocktails — they tell stories with them. And in the country’s bustling party capitals, those stories are getting more exciting by the day, and night. The sun has barely set over Nigeria’s commercial capital Lagos, but the rooftop bar in Victoria Island is already…
- This marks a shift from six rate hikes in 2024. Nigeria’s central bank has opted to maintain its benchmark lending rate at 27.50%, as announced by Governor Olayemi Cardoso. The bank made the decision at its 299th Monetary Policy Committee (MPC) meeting concluded today. This development comes on the…
- There’s a new compact electric vehicle that holds the title of “cheapest EV” in South Africa, or “least expensive”, whichever way you look at it. The Dayun S5 Mini SUV EV became available in January for R399,900 ($21,668), dethroning the BYD Dolphin at R539,900 ($29,254). It was announced in July…
- In November last year, Yemi Alade earned her first Grammy nomination in the 2025 Best African Music Performance category. That moment is already a major milestone for her. “If you had asked me this six [or] seven years ago, I would say that success for me, personally, is when I win the Grammy. Late…
- Topline Apple announced Wednesday a new addition to its iPhone 16 series, debuting the iPhone 16e to customers, who will soon be able to pre-order the lower-cost model that includes some of the bells and whistles of Apple’s latest iPhone lineup. Key Facts The iPhone 16e will be available for pre-…
- The country’s parliament announced, on the day that the Budget Speech was expected to be delivered, that it would be postponed until a later date, reportedly over concerns within the GNU about a proposed 2% increase in VAT, among others. For the first time in its democratic history, South Africa…
- Nigerian billionaire Aliko Dangote broke his government’s oil monopoly by building the largest petroleum refinery in Africa. So far, only he has reaped the rewards. Aliko Dangote takes a deep breath, before reflecting on the odyssey of building Africa’s largest oil and gas refinery. “This is a very…
- Abu Dhabi-based AppliedAI, which helps healthcare companies and insurers automate claims and billing, just raised $55 million in a deal led by G42 with Palantir and Bessemer Abu Dhabi is best known in tech for bankrolling foreign startups, venture funds and now AI mega projects like OpenAI’s…
- Africa’s next wave of innovation will likely emerge not from Lagos or Nairobi but from Kigali, Dakar, Or Tunis – offering global investors the chance to discover untapped potential in the continent’s diverse and rapidly-evolving markets. LATE LAST YEAR, Penelope Terranova posted a call to action on…
- The cement producer is expanding in theEast African nation despite past security challenges. Aliko Dangote, founder of Dangote Industries with the subsidiary Dangote Cement, recently announced a $400 million investment to revive a second production line at the Mugher cement plant in Ethiopia. The…
- With a career that began at a young age and as a woman who is no stranger to being in the limelight, Minnie Dlamini tells FORBES AFRICA that she believes in turning her challenges into opportunities. It’s a lesson that she only truly learned, now, in her 30s. “I don’t think I would have been […]
- The managing director for Africa and Global Partnerships at the World Resources Institute, WANJIRA MATHAI has led the green belt movement in Kenya as the former chair, the organization her mother, the late Wangari Maathai founded in 1977. From Nairobi, she spoke to FORBES AFRICA about issues such…
- In 2022, Sheila Atim made her way to South Africa to film a movie that, to this day, has had a profound impact on her. It would explore themes like racism, gender-based violence, and female oppression, to name a few, and most of which still plague Africa today. It’s a story that Atim believes…
- Feuding with Drake turned the ‘Not Like Us’ performer into hip-hop’s hottest artist. Now he will take music’s biggest stage in New Orleans—for free. The effects of last summer’s rap feud between Kendrick Lamar and Drake continue to reverberate through the music industry, and the careers of its two…
- The policies of all powers are inherent in their geography. The Carbon Border Adjustment Mechanism (CBAM) of the European Union (EU) refers. A tool to put a fair price on the carbon emitted on goods entering the EU. The EU would have us know. Climate change is a globalproblem that needsglobal…
- A near-fatal accident could have ended it all for BANDILE DLABANTU but he quickly moved on to accomplish his dreams, setting up a biotech company transforming waste into value. THE 2013 collision that resulted in Bandile Dlabantu’s vehicle rolling onto the opposite side of the road after being hit…
- The female powerhouses in FORBES AFRICA’S OVER 30 UNDER 50 list – compiled for the second consecutive year- are the business leaders, musicians, models, movie stars, innovators and entrepreneurs who have intent and impact on their vision boards, as they scale greater heights, reinvent themselves…
- The new credit rating agency is part of the African Union’s push for fairer credit ratings that better reflect the continent’s economic realities. In June, Africa will officially launch its own credit rating agency, the Africa Credit Rating Agency (AfCRA). “It is time for Africa to use the right…
- Drone delivery and logistics company Zipline’s expansion comes at a time when the Nigerian government is seeking to improve healthcare outcomes nationwide. A new drone logistics distribution center, operated by Zipline, is expected to serve health facilities and community delivery sites within a 38…
- Topline CBS, Nickelodeon and other channels owned by Paramount will soon go dark on YouTube TV, as negotiations continue for both companies after they failed to reach a contract renewal to distribute Paramount’s channels on the streaming service. Key Facts YouTube wrote Wednesday that all Paramount…
- Topline Japanese automakers Honda and Nissan announced on Thursday that they have ended discussions on a merger that would have created one of the largest automakers in the world after the two companies failed to reach an agreement on the structure of the deal. Key Facts Both companies issued…
- Tems joins other members of the ownership group, including actor Issa Rae and footballer Juan Mata. Two-time Grammy winner Temilade ‘Tems’ Openiyi has joined the ownership group of San Diego FC as a club partner. The Nigerian singer-songwriter made the announcement today on X (formerly Twitter),…
- Nigeria won the hosting right for the establishment of the Africa Energy Bank (AEB) Headquarters in July 2024, after it competed with Ghana, Algeria, South Africa, and Benin Republic. The Africa Energy Bank (AEB) is set to launch in the first quarter of 2025, with an initial equity investment of $5…
- Excavation works initiated in 2016 led to the creation of the world’s largest single-train petroleum facility, capable of refining 650,000 barrels of crude per day, in Nigeria’s commercial capital Lagos. “We can go 100% in 30 days.” – Devakumar Edwin The Dangote Refinery, owned by Africa’s richest…
- A nation where African, European, and Asian cultures converge, Seychelles leads in marine protection, champions digitization, and drives bold, eco-focused economic transformation. “With unity, the same focus and discipline, the future can only be great and I believe Seychelles can be a true model…
- Shelter Afrique Development Bank addresses Africa’s US$1.4 trillion housing gap with tailored financing like green bonds, diaspora financing, and climate-resilient housing, impacting millions. In October 2023, a defining moment unfolded for Shelter Afrique. The institution, long recognized as a…
- Topline Google Calendar no longer marks the start of cultural observances including Pride Month, Black History Month and Women’s History Month, marking the latest major company policy changes in a wave of backlash against DEI that has become a central issue of President Donald Trump’s second term.…
- Topline Billionaire and government efficiency czar Elon Musk said at a virtual summit last week, which was published online Saturday, that he’s not interested in buying TikTok, despite earlier reports suggesting China was interested in selling the app to the Tesla executive. Key Facts Musk spoke at…
- Namibia’s first president, Sam Nujoma, passed away on Saturday at the age of 95, following three weeks of hospitalization in the country’s capital Windhoek. Nujoma, who was formally recognized as the ‘Founding Father of the Nation’ by a 2005 parliamentary decree, played a defining role in the…
- Qualification for Zimbabwe to the next Africa Cup of Nations finals comes at an important juncture for football in the country, which has been under a dark cloud for years. Government interference in the running of the sport led to a ban by world football’s governing body FIFA, forcing Zimbabwe to…
- Under President William Ruto’s leadership, Kenya is becoming a hub of innovation, sustainability, and opportunity, offering a roadmap for Africa’s future.
- President Cyril Ramaphosa delivered his 2025 State of the Nation Address (SONA) against the backdrop of South Africa’s evolving political and economic realities. Addressing Parliament in Cape Town City Hall today, he outlined an ambitious framework for national renewal, emphasizing economic…
- On Wednesday morning, the X account of Tanzanian billionaire Mohammed Dewji posted a 10-second video of the bearded tycoon sitting in his home office with a piece of paper on which he had scribbled one word: $Tanzania. Dewji, who is CEO of the conglomerate METL Group and owner of a professional…
- Mitchells Plain, about a 20km-drive from Cape Town’s city center, is a small, densely populated area with its own array of social ills and issues. But for Kiara Scott, it is the place where she first fell in love with the idea of becoming a winemaker. “I grew up surrounded by – I am trying […]
- The 2025 Mining Indaba has reached its midway point in Cape Town, South Africa, with the conference taking the theme of Future-Proofing African Mining, Today! However, future-proofing is not proving simple, with the conference abuzz given the recent conflict in the mineral-rich Eastern Democratic…
- Topline Shares of Google parent Alphabet sank in after hours trading Tuesday after the search engine giant’s fourth-quarter earnings report revealed slightly weaker quarterly revenues than Wall Street anticipated and predicted much higher spending in 2025 than expected. Key Facts Alphabet stock…
- The Japanese investment firm, AAIC is dedicated to nurturing the growth of innovative healthcare start-ups in Africa, providing strategic support for their multinational expansion. Since 2017, AAIC Investment has invested in over 50 start-ups in Africa’s healthcare and innovation sectors. One of…
- The actor and director is on an official four-day trip to Nigeria to support the creative arts and for his ongoing leadership scholarship for girls. British-Nigerian actor David Oyelowo is in the West African nation, following a seven-year absence, and joined by his wife, Jessica for a two-day,…
- When it comes to losing money, Boeing is an overperformer — of historic proportion. On Tuesday, the beleaguered plane maker announced a net loss of $3.9 billion for the fourth quarter of 2024. That makes for a stunning $11.8 billion loss for the year, the second largest in Boeing history. The lousy…
- Fraud tactics, according to a new report, have been accelerated by emerging technologies such as generative AI, deepfakes, and insider-assisted schemes. Most fraud cases in Africa involved spoofing last year, according to the 2025 Digital Identity Fraud in Africa Report by Know Your Customer (KYC)…
- It was the biggest night for music, especially for artists like Kendrick Lamar and Beyonce, who took home multiple Recording Academy Awards at the 67th Annual Grammy Awards in Los Angeles last night. However the spotlight was once again on Best African Music Performance, which was presented for the…
- Topline Artificial intelligence startup OpenAI is in early discussions for a funding round that could value it at a whopping $340 billion, according to The Wall Street Journal, which would more than double its valuation amid competitive threats from up-and-coming Chinese AI firm DeepSeek. Key Facts…
- AMG Realtors delivers affordable land ownership solutions, fostering economic growth in Kenya while supporting community development through education initiatives and international investment opportunities. AMG Realtors has established itself as a leader in Kenya’s real estate market, contributing…
- Kenya exemplifies how natural resources, innovation, and community-driven efforts can converge to create a sustainable, resilient, and globally impactful future. Kenya is a prime example of how a country may use its abundant natural and human resources to create a sustainable, innovative, and…
- According to a recent report, the creative economy in Africa is thriving; this while the continent’s creatives contribute to growing the industry and bringing the spotlight back home. The past five years have proven to be very successful for Africa’s entertainment sector for both music and movies…
- Revolutionizing Kenya’s ICT sector to enhance digital connectivity and progress. Kenya’s ICT sector has grown dramatically over the last few decades, and TESPOK (Technology Service Providers of Kenya) has been at the forefront of this revolution. Under Fiona Asonga’s leadership, TESPOK continues to…
