- The Space Exploration & Research Agency (SERA) has partnered with Nigeria’s National Space Research and Development Agency (NASRDA) to send a Nigerian astronaut aboard Blue Origin’s New Shepard suborbital rocket. SERA’s initiative aims to enhance representation in space exploration, welcoming…
- TOPLINE Netflix and the streaming services of NBC, Paramount Global and Warner Bros. Discovery have all increased paid U.S. subscribers to their services so far this year, a feat four other major streamers failed to achieve amid a contentious war for paid viewers that only continues to intensify as…
- From fintech to foodtech solutions; from beauty brands to biotech infusions, FORBES AFRICA’s inaugural list of Small Giants across Africa showcases the tenacity of homegrown businesses and their impact on the communities they serve. Their pan-African CEO-founders and leaders are making giant…
- TOPLINE Lettuce and eggs have seen the highest price increases among all food and drink items through the start of 2024, according to the latest six-month data from the Bureau of Labor Statistics, while citrus fruits have plummeted in price after recovering from a tough 2023. KEY FACTS Lettuce…
- The largest economy in the West African Economic and Monetary Union (WAEMU) is set to boost its oil production by 2027, driven by new oil and gas finds in the Baleine and Calao offshore fields. The President of Ivory Coast, Alassane Ouattara, recently announced to a joint session of parliament that…
- TOPLINE British Pharma giant GSK said on Wednesday it will pay as much as $1.5 billion to take control of several mRNA vaccines from vaccine developer CureVac, sending shares of the struggling German biotech soaring during premarket trading and strengthening the British drugmaker’s vaccine…
- Zanzibar Multipurpos Terminal is enhancing port efficiency, fostering economic growth, and facilitating trade expansion. Nicolas Escalin, the General Manager of Zanzibar Multipurpose Terminal (ZMT), embodies a wealth of experience and dedication to fostering maritime excellence. With a journey that…
- The numbers are in.The sales of electric vehicles (EV) declined globally in the fi rst quarter of 2024, according to auto majors Volkswagen (VW), Mercedes-Benz (MB), and Tesla. However, the BMW Group has reported growth in the same period.VW reported a 3% drop, while MB reported an 8% decline in EV…
- Elon Musk holds onto the top spot while the world’s biggest philanthropist, Warren Buffett, slips to No. 10, after yet another big summer donation. Legendary investor Warren Buffett disclosed in late June that he gave away Berkshire Hathaway shares worth some $5.3 billion. That plus a slight dip in…
- Zanzibar Ports Corporation is redefining maritime activities in Zanzibar. In Tanzania’s dynamic maritime scene, Zanzibar Ports Corporation (ZPC) stands out as a light of growth and efficiency, driving the development and operation of critical port services in the area. Akif Ali Khamis, ZPC’s…
- Chasing the world that might have been, Africa’s progress and race to the 2030 goals. In 1980, 35 years after the formation of the United Nations (UN), the Ghanaian philosopher Kwasi Wiredu warned that “unrestricted industrial urbanization is contrary to any humane culture; it is certainly contrary…
- We often read the statistics around unemployment in South Africa and the challenges we face with regard to creating sufficient jobs. Although large corporations have a significant impact due to their scale, it is local businesses that are key to the success of our economy, providing 60% to 70% of…
- TOPLINE Pixar’s standout summer hit “Inside Out 2” crossed the $1 billion milestone Sunday, the first film to gross 10 figures globally since “Barbie” last summer and the fastest an animated film has ever crossed the threshold. KEY FACTS “Inside Out 2” reportedly grossed another $57.4 million…
- Spearheading ferry terminal construction for sustainable socioeconomic growth. ZF Devco stands out in Tanzania’s economic scene for its dedication to long-term development and transformational initiatives. ZF Devco was founded with a strong purpose to drive the expansion of Zanzibar’s Blue Economy…
- Andrew Robinson has an impressive track-record of building big businesses in Africa and around the world. “The biggest thing Covid taught me is that when something is failing, another thing is succeeding.” With ventures that span multiple industries and countries, at 46, Andrew Robinson is someone…
- After years of remote work, post-pandemic employees are struggling with office distractions. The solutions run from in-office phone booths to libraries to, surprisingly, adding more sound. Chad West doesn’t go into his London office more than once a week. As a vice president of marketing at crypto…
- Ayana Parsons, cofounder of The Fearless Fund, took the stage at the ForbesBLK Summit. The Fund is in court defending its right to support Black women founders. When Ayana Parsons, cofounder of The Fearless Fund, took the stage today at the ForbesBLK Summit in Atlanta, it was an emotional moment.…
- Finally, since their first semifinal in 1992 and after 32 years of disappointment, South Africa have got over the line. Seven semifinal heartbreaks later and South Africa have finally made it to the decider of a World Cup as they demolished Afghanistan by nine wickets on Thursday to set up a…
- Kenya’s President William Ruto has withdrawn the controversial Finance Bill 2024 in response to public outrage and mass demonstrations in the East African nation. In a statement this afternoon, President Ruto acknowledged the people’s concerns and emphasized the importance of addressing them to…
- TOPLINE Fans of the original series that inspired the breakout hit “Bridgerton” TV show on Netflix were shocked in the final minutes of the season 3 finale when the character Michael Stirling was introduced by another name—Michaela—and played by a female actress, a change that sets the show up to…
- From fintech to foodtech solutions; from beauty brands to biotech infusions, FORBES AFRICA’s inaugural list of Small Giants across Africa showcases the tenacity of homegrown businesses and their impact on the communities they serve. Their pan-African CEO-founders and leaders are making giant…
- TOPLINE An ongoing bird flu outbreak among U.S. dairy cows has led to three confirmed human cases in dairy workers, and although there aren’t any confirmed cases of human-to-human transmission, experts warn safety measures like masks, vaccines and safety goggles will be needed if a pandemic is…
- Ronwen Williams was recently crowned the best goalkeeper in the southern African region by COSAFA, but in truth he is among the leading glovemen across all the continent following a superb 12 months for both club and country. The 32-year-old was rewarded for his form with a new contract at Mamelodi…
- TOPLINE Boeing is expected to avoid criminal prosecution after the Justice Department recently found it violated a $2.5 billion settlement shielding it from charges over two 737 Max 8 model crashes in 2018 and 2019 that killed a total of 346 people, according to The New York Times, which reported…
- TOPLINE A Swiss court sentenced four members of the billionaire Hinduja family to up to four-and-a-half years in prison on Friday, after they were found guilty of exploiting household staff at their Lake Geneva home, including forcing them to work 18-hour days for low pay, according to multiple…
- The rapid advancement and implementation of artifi cial intelligence (AI) technologies have signifi cant economic, societal, and ethical consequences for Africa. Efficient governance is crucial to optimizing AI’s advantages while minimizing its risks. This article offers policymakers essential…
- KCB Bank Tanzania is a forerunner in the shifting financial landscape, handling dynamic transformations in the banking sector and positioning itself as a leader in the evolving industry. Quote: Embracing ‘For People, For Better’ as our purpose, we’re committed to delivering the best service for our…
- TOPLINE Health officials across the continental U.S. are starting to warn about the annual return of West Nile virus, a potentially lethal human disease without treatments or vaccines that is rearing its head earlier than usual as the changing climate makes the environment more hospitable for the…
- With financing partners on board, Nigeria is transforming its energy landscape, tackling a longstanding crisis that has deprived approximately 40% of its population – 85 million people – of access to electricity, a vital driver of economic growth and development. This aligns with the new World Bank…
- From fintech to foodtech solutions; from beauty brands to biotech infusions, FORBES AFRICA’s inaugural list of Small Giants across Africa showcases the tenacity of homegrown businesses and their impact on the communities they serve. Their pan-African CEO-founders and leaders are making giant…
- President Cyril Ramaphosa’s second term begins with a historic Government of National Unity, sparking cautious market optimism. While the Rand rallies and JP Morgan upgrades South Africa’s rankings, some warn that deep-seated structural issues and potential policy conflicts could impede sustained…
- TOPLINE Chip designer and artificial intelligence juggernaut Nvidia narrowly topped Microsoft’s market capitalization Tuesday to become the world’s most valuable public company, less than two weeks after it surpassed Apple’s market cap following months of strong stock gains. KEY FACTS Nvidia shares…
- As a multihyphenate, entertainer and entrepreneur, Nick Cannon joined the list of speakers for the Forbes Under 30 Africa Summit in Botswana in May. The American actor, rapper and television host, popularly known for his Wildstyle Battles on the comedic MTV-VH1 hit show Wild ‘n Out, spoke to FORBES…
- The event “Doing Business Angola 2024,” taking place this Tuesday in Lisbon, aims to examine the country’s business environment from a macro perspective, as highlighted by N’Gunu Tiny, founder of the Media9 group. In this second edition of DBA, organized by Forbes Africa Lusophone and Jornal…
- The Prime Minister of Portugal, Luís Montenegro, will visit Angola in July this year as part of the Luanda International Fair (FILDA), announced the Portuguese ambassador to Angola, Francisco Alegre Duarte, moments ago in a message addressed to the participants of the second Doing Business Angola…
- TOPLINE South Korean forces fired warning shots at North Korean soldiers who crossed the heavily guarded border zone separating the two countries Tuesday, the second time such an incident had happened in less than two weeks amid growing tensions between the two countries. KEY FACTS The South Korean…
- Born in the United Kingdom,Nigeria-based Matopeda King, who has been at the forefront of fashion for 14 years, is using her atelier to empower women. Matopeda Abiola King is currently experiencing a ‘full circle moment’ with her fashion brand. As Creative Director for Matopeda Atelier, an…
- South Africa is entering a new political era with the formation of a Government of National Unity (GNU) between the previously ruling African National Congress (ANC) and the opposition Democratic Alliance (DA). This historic coalition, finalized amidst last-minute negotiations, represents a…
- TOPLINE Pope Francis is set to attend the G7 summit on Friday and is expected to urge world leaders to adopt AI regulations, a subject the Pope has spoken about several times in the past, including after he was the subject of viral AI-generated images that many believed were real. KEY FACTS The…
- Armed with a doctoral degree in Cybernetics from the University of Reading, United Kingdom, Rose-Margaret Ekeng-Itua is reportedly the first Black woman to achieve such a feat. In the 1980s, between the ages of five and 10, Rose-Margaret Ekeng-Itua lived in the West and attended schools where she…
- TOPLINE Apple finally joined the great AI arms race this week after months of lagging behind big tech rivals like Google, Microsoft and Meta, unveiling a series of products juiced with artificial intelligence that it has pitched as a more secure, privacy-focused alternative to how its competitors…
- A strange question was asked of me, whils speaking at a recent seminar in Dubai, by a gentleman with a flowing white beard. In resplendent glory and laced with what I thought was the sheer pain of knowing the obvious, yet incapable of convincing anyone, he asked: “What happens if a comet hits the…
- TOPLINE Paramount Global shares slid nearly 8% shortly before market close Tuesday after National Amusements, the media conglomerate’s parent company, scrapped merger discussions with Skydance Media, according to multiple outlets, bringing an end to a tedious, months-long negotiation process. KEY…
- In a devastating blow to Malawi, Vice President Saulos Klaus Chilima and nine others have died in a plane crash that occurred on June 10, along with nine other persons on board. The Malawian Defense Force aircraft, enroute from the Malawian city of Lilongwe to Mzuzu for the funeral of former…
- We often wonder what the most significant or transformative invention of our times is? Based on circumstances and identity, everyone would have their own choice of that single change that has impacted them and transformed lives. From the bullock cart to cars to railroads to air and space travel,…
- TOPLINE Amazon founder Jeff Bezos overtook French luxury goods tycoon Bernard Arnault as the second-wealthiest person in the world Monday morning after LVMH’s shares fell and Amazon shares slightly increased—and the pair continued to flip-flop throughout the day for the title. KEY FACTS Bezos had a…
- Ghanaian photographer Emmanuel Mensah Agbeble, who arrived in New York with just $50 in his pocket, is now weaving the Afrobeats genre into the global narrative with his creativity. Emmanuel Mensah Agbeble was barely three years old when his father, who owned a photo studio in Ghana, handed him his…
- TOPLINE Israeli officials said they rescued four hostages eight months after they were captured in the Oct. 7 Hamas attack on southern Israel, a rescue mission that has resulted in the deaths of at least 125 Palestinians, according to the Hamas-controlled Gaza Health Ministry. KEY FACTS The four…
- From fintech to foodtech solutions; from beauty brands to biotech infusions, FORBES AFRICA’s inaugural list of Small Giants across Africa showcases the tenacity of homegrown businesses and their impact on the communities they serve. Their pan-African CEO-founders and leaders are making giant…
