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With a renewed focus on diversification and digitalization, Equatorial Guinea is leveraging its resources to create inclusive, long-term growth.  “Agro-processing is a key priority, as our goal is to ultimately achieve national self-sufficiency and independence.” President Teodoro Obiang Nguema Mbasogo  Equatorial Guinea is entering a new phase in its economic story–one defined by diversification, competitiveness, and connection. […]

Policy reforms, national capabilities, and coordinated institutions reinforce long-term growth across Equatorial Guinea.  Q. How is your ministry advancing the national development agenda across key sectors such as agriculture, energy, and tourism, and what priorities guide your efforts to drive long-term economic growth and self-sufficiency? Hon. José Juan Ndong Tom Mekina, Minister of Agriculture, Livestock, Forestry, […]

As Equatorial Guinea reshapes its position in the regional energy market, GEPetrol is steering the shift to secure production, attract reliable partners, and align upstream growth with long-term economic goals.  “Our strategic vision is to develop projects that are sustainable in the long term, and that also revive the economy.” Bienvenido Nguema Envo, General Manager of GEPetrol  In 2024, […]

Liberia is emerging as one of West Africa’s most promising investment destinations, offering stability, reform-driven governance, abundant resources, a young workforce, and a growing market built on peace and long-term opportunity.  Henry R. Saamoi, Executive Governor of the Central Bank of Liberia “Liberia offers a very stable political environment, with multiple peaceful elections and transfers of power that demonstrate the […]

Processing 25,000 tons of natural rubber annually while advancing downstream manufacturing, community infrastructure, and environmental stewardship in Liberia.   “I encourage people to invest in the agriculture sector because land is abundant here.” Dr Upjit Singh Sachdeva, CEO of Jeety Rubber LLC  In the heart of Liberia’s Margibi County, Jeety Rubber LLC is reshaping the country’s rubber industry with a […]

Connecting global investors to Equatorial Guinea, navigating regulations and alliances across multiple sectors.   “It is important to us to provide international visibility to all the business opportunities that we have in the country.” Teresa Isabel Nnang Avomo, General Manager of Blackstone EG & Partners  In Malabo’s business circles, Blackstone EG & Partners stands out as a confident […]

Mozambique’s President shares how the country is opening its doors to global business, restoring investor confidence, and charting a path of diversification beyond oil and gas to build a stronger, more inclusive, and sustainable economy.  “Investors can meet directly with the President through the Delivery Unit, which makes it easier to do business in a […]

Along with the country’s bright and colorful scenery, the government is modernizing infrastructure and opening doors for financing and development. Penresa speaks to Cabo Verde’s key ministers to discuss the country’s growth, as well as education, and progress in digital systems and energy.  Q: Could you outline your ministry’s role and how it contributes to Cabo Verde’s development? Dr […]

Integrated financial services combining healthcare insurance, climate protection, salary advances, and mobile-based access nationwide.   In a country where access to financial protection and basic services remains limited, Maximo is building systems designed to meet people where they are. The company’s work spans insurance, banking, and education, all shaped by the realities of everyday life in Mozambique. Its […]

Licensed primary dealer directly facilitating public debt and market education. Driving securitization projects across Mozambique’s capital markets sector. “We’re helping the government cut interest costs and rethink how public debt is placed.” Joaquim Bazar, the founder and CEO of Amaramba Capital Dealer. In a country with vast untapped potential, Amaramba Capital Dealer (ACD) is reshaping the […]

Managing port expansion, integrating rail corridors, and upgrading systems to streamline Southern Africa trade flow.  DP World’s operations in Mozambique are undergoing one of the most transformative phases in the country’s logistics sector, led by an expansion of the Port of Maputo. DP World Maputo CEO Captain Sumeet Bhardwaj calls it “a game changer for the Southeast […]

An island nation in the central Atlantic Ocean, Cabo Verde combines democratic stability with a strategic location and a globally connected population within a predictable business environment.   “The nation’s greatest wealth lies in its democracy and the functioning of its rule of law,” says José Maria Neves, President of Cabo Verde.  In just a five-hour flight from […]

A nationwide push to upgrade ports, rail lines, roads, and public-private partnership (PPP) models is positioning the country as a central trade hub for southern Africa’s landlocked economies.  Running one of the most strategic logistics networks in Southern Africa, Mozambique operates three deepwater corridors that move the region’s mineral output toward global markets and provide essential maritime access for several landlocked economies. […]

Supplying flour, pasta, biscuits, animal feed, and bread to domestic and regional markets.    MEREC Industries has grown from a trading business into Mozambique’s largest food processor, supplying flour, pasta, biscuits, animal feed, and bread to domestic and regional markets. Chairman Mhamud Charania, a mechanical engineer trained at the University of Toronto, moved to Mozambique in 1995 and began […]

The country has re-emerged in 2026 as a more stable and investable market, combining macroeconomic recovery with targeted reforms that are reshaping how business operates. “Ghana offers access to a 420-million-person West African market and beyond through frameworks such as AfCFTA, with duty-free, quota-free trade opportunities.” – Simon Madjie, CEO, GIPC A coastal economy with […]

From ports and railways to tourism, mining, and energy, the country is strengthening its role as a regional platform, connecting East and Central Africa to global markets, while accelerating industrialization. “The logistics opportunities are huge because Tanzania serves as a hub for several landlocked countries.” — Nqobile Ngwenya, Acting Group CEO of Bravo Group From […]

Strategic partnerships and bold digital scaling have positioned KGL Group at the forefront of Ghana’s evolving technology and fintech landscape. “We always have an eye on the next technology; it drives what we do. We started with lottery, now we are a fintech company with millions of clients, and we keep investing heavily.” – Alex […]

With nine decades of experience, ASAS Group takes the lead in building new markets and raising industry standards, focusing on steady and long-term growth. Rather than replicating existing models, the ASAS Group does things its own way. From an origin in trading and logistics in 1936, the family-owned company expanded into a diversified portfolio covering dairy and food […]

As Group CEO, Dr Abdulmajid Nsekela is transforming CRDB into a regional financial platform advancing inclusion, partnerships, and sustainable economic growth.  Across Africa’s fast-growing economies, financial institutions play an increasingly important role in shaping opportunity, enabling enterprise, and supporting long-term development. At the center of this transformation is Dr Abdulmajid Mussa Nsekela, Group CEO of CRDB Bank Plc. Under his leadership, CRDB […]

Ambitious Public-Private Partnership (PPP) corridors aim to fund capacity increases and unlock industrial parks along key routes.  Tanzania’s roads and bridges tell a story of purposeful nation building, with TANROADS shaping the plot line through scale, engineering rigor, and steady delivery. The agency, created in 2001, entered its Silver Jubilee in 2025 with momentum and […]

Petro Group operates across fuel delivery, transport, and manufacturing in Tanzania, offering doorstep fuel service, haulage solutions, and high-volume drum production. Across Tanzania’s evolving energy and logistics landscape, Petro Group is shaping a legacy rooted in innovation, efficiency, and commitment to national progress. What began as a modest trading venture has evolved into a powerhouse conglomerate operating across the petroleum, logistics, […]

For decades, Kenya’s story has been told through its position as a commercial center in East Africa. Its geography, institutions and entrepreneurial culture have made Nairobi a natural meeting point for trade, investment and regional business. The next chapter is different. Kenya is no longer simply a destination for companies looking to enter East Africa; it is becoming a […]

“Clean energy is not only a response to climate change but also a strategic driver of economic growth, energy sovereignty and regional development.” – Moroccan Agency for Sustainable Energy (Masen) For centuries, Morocco’s geography has made it a meeting point between continents. Today, that same position is being transformed into an economic advantage, as the Kingdom combines industrial […]

“Relationships are the real global currency. Trust strengthens them, but relationships are what ultimately create long-term impact across markets.” Uditha Jayaratne, CEO and Principal Officer, Kenya, Managing Director, Africa, Bupa As healthcare systems across Africa evolve, the role of sustainable health insurance is becoming increasingly important to economic resilience, workforce productivity, and social stability. In […]

“We are always involved in charting the way together with the government to have the right policies.” Fiona Asonga, CEO, TESPOK  Technology Service Providers of Kenya (TESPOK) sits at the center of Kenya’s technology conversation, shaping how digital services grow, connect, and create value across the country and beyond. As a member-based organization representing technology […]

A sense of place sits at the heart of how GulfCap Real Estate approaches development in Kenya. The company’s projects are designed to feel complete from the day residents move in, with homes shaped around daily routines rather than existing as isolated buildings. This philosophy has guided GulfCap’s rise over the past five years into […]

In Nairobi’s evolving property landscape, HassConsult Real Estate stands out not just for the projects it brings to market, but for how it defines the way they are conceived and delivered. Its high-end homes are visible across the city’s most sought-after neighborhoods, yet the real story lies beneath the surface. At its core, HassConsult operates […]

Topline Businesses implementing artificial intelligence was blamed for more layoffs than any other reason for the second month in a row in April, new data shows but some experts have said they think technology companies, which use the excuse more than any other sector, are using AI as a smokescreen to hide larger internal struggles. […]

Dangote Cement, listed in Nigeria’s commercial capital Lagos, has a market capitalization of over $12 billion after its shares more than doubled over the past year. Africa’s richest man Aliko Dangote plans a secondary listing of his cement business in London in September, reviving long-standing plans to bring the continent’s largest cement producer to international […]

Topline Passengers on the hantavirus-stricken MV Hondius cruise ship will soon be evacuated in an operation that will be directly observed by the World Health Organization’s director-general, who said Saturday travelers will be taken to their respective countries as various governments differ on how they will receive and monitor their citizens. This story was first published on […]

Room to Read, on a mission to tackle illiteracy and gender inequality, is working to ensure that all children have the resources to read, learn and grow–in turn, creating lasting change. An influx of investments within and outside the continent as well as the development of Africa’s creative economy, and business spheres, have brought foundational learning skills to the fore.  Room to Read–an organization which aims to nurture these skills in the youth–has placed particular focus on this. Founde

Topline The World Health Organization declared the Ebola outbreak in the Democratic Republic of the Congo and Uganda a public health emergency of international concern late on Saturday night, after public health authorities identified 246 suspected cases and 80 suspected deaths from the disease in the Congo caused by a virus with no approved specific […]

How the British super star built a $1 billion empire, mainly in the U.S., after retiring from soccer. This story was first published on Forbes.com It is 10 A.M. in Chiswick, a pleasant west London suburb, in late April, and Sir David Beckham has already been on set for two hours. This should have been expected: The […]

Topline: Yesterday, Johannesburg’s Finance Member of the Mayoral Committee (MMC) and Deputy Mayor Loyiso Masuku announced tariff increases across water, electricity, sanitation and property rates. According to the MMC, electricity is set to increase by 8.6%, property rates by 3.6% and water and sanitation in South Africa’s busiest economic hub by 11%. Key Facts: What […]

The financial toll of the ongoing global energy crisis is becoming increasingly apparent for Africa’s biggest economy. On Thursday, the South African Reserve Bank (SARB) announced its decision to increase the interest rate by 25 basis points to 7%, a week after year-on-year head inflation hiked to 4%, up from 3.1% in March. Offering some […]

Advice for survivors on everything from state inheritance and estate taxes to inherited IRAs to sorting through a lifetime of possessions and papers. Plus, sparing your own heirs. This article was first published on Forbes.com You expect the death of a spouse, parent or other close relative to be emotionally wrenching. What catches many survivors by […]

According to International Monetary Fund (IMF) data, Tanzania is projected to become a $100 billion economy by 2027, nearly double what it was 10 years ago. It’s progression that comes at a time of momentum. The East African nation is expected to grow by 5.9% this year, followed by 6.1% the following year, and 6.3% […]

June 16 this year marks the 50th anniversary of the Youth Uprising in South Africa in 1976, when school students took to the streets in the township of Soweto in Johannesburg to protest the apartheid government’s decision to impose Afrikaans–the language of the White minority regime–as a medium of instruction. Brutally killed and injured when […]

Nigerian musician Tems joined a lineup that included Bono, The Edge, Bruce Springsteen, Christina Aguilera, Common, Eddie Vedder, Jennifer Hudson, John Legend, Marc Anthony, Stevie Wonder, The Roots and Marsai Martin at the opening ceremony.   Nigerian Grammy-winning singer Tems recently performed her hit song Me & U before former United States (U.S.) President Barack Obama, former First Lady Michelle Obama and a global audience at the […]

Young entrepreneurs are snapping up baby boomer-owned plumbing, construction, manufacturing and HVAC companies. Plus: Tips for would-be buyers and sellers. When Andrew Kurzrok’s wife, Michelle, became pregnant with their first son in 2023, he decided it was time for his life spending over 200 days a year on the road as a mid-level executive of Amphenol […]

Morocco have emerged as the continent’s best bet at the 2026 World Cup, but face a daunting quarter-final against a rampant France next on Thursday. The North African side reached the semi-finals in 2022, the furthest a team from the continent has progressed, but need an upset result to match that feat. It would be […]

Topline The U.S. launched its latest strikes against Iran on Wednesday, renewing military action against the country as tensions flare over control of the Strait of Hormuz and after President Donald Trump said a ceasefire reached with Iran last month was “over.” Key Facts U.S. Central Command said the strikes are being conducted to lessen Iran’s “ability […]

A $750 million loan from the World Bank—aimed at strengthening governance, improving fiscal management, and expanding social protection—marks a positive step for Kenya’s reform agenda. Falling under the Development Policy Operation (DPO), the capital, which is split into a $340 million International Bank for Reconstruction and Development (IBRD) loan and $410 million highly concessional International […]

Hailing from Harare, TJ Maguranyanga’s journey towards the National Football League (NFL) in the United States is one of tenacity, hope, and a willingness to charter the unknown. Back home, the 6-foot-4 edge rusher hopes to bridge these two unconnected but, increasingly, parallel worlds. TJ Maguranyanga may have NFL minutes under his belt, featuring in […]

Topline IBM’s stock plummeted on Tuesday in its largest single-day loss in its 115-year history, after CEO Arvind Krishna warned investors the computing firm’s latest quarter was “worse than our expectations” while failing to adapt to rising chip costs. This story was first published on Forbes.com Key Facts Shares of IBM crashed 25.2% to around […]

Topline “The Odyssey” sold $264.1 million worth of tickets globally in its opening weekend—Christopher Nolan’s best-performing weekend at the box office ever, above “The Dark Knight Rises” in 2012. This story was first published on Forbes.com Key Facts The film, adapted from Homer’s famous poem, reportedly grossed $124.5 million in domestic ticket sales, the third-largest opening of the […]

Up head: a one-off Test against Argentina in Buenos Aires on August 8, where Rassie Erasmus is hoping to welcome back captain Siya Kolisi and Sacha Feinberg-Mngomezulu, who have both missed the international season to date through injury. South Africa coach Rassie Erasmus has long spoken of growing the player pool for the Springboks, and […]

Production company, And Films recently announced the upcoming release of feature film, This Is How The World Ends, which will debut on VHS, marking it as one of the first worldwide straight-to-VHS releases in 20 years.   The creative economy accounts for approximately $2.3 trillion annually, representing roughly 3.1% of global Gross Domestic Product (GDP). […]

Confederation of African Football president Dr Patrice Motsepe will not stand for re-election when his current term comes to an end. The South African entrepreneur says he has no interest in a position at FIFA and is backing Gianni Infantino to continue as president of the global body. Motsepe addressed the media on a range […]

The southern African nation is plotting economic diversification as it looks to counteract the challenges in its key industry.  Diamonds account for approximately 80% of Botswana’s export revenue and 30% of its GDP, but dropping prices, spurred, in large part, by the rise of lab-grown stones, have exposed the economy’s vulnerability to market shocks. Now, […]

President Trump said that he’ll impose a 100% tariff on all generic drugs starting in August 2028–and rising to 200% the following year. Around 90% of prescriptions are filled by generics, which are largely manufactured overseas, where costs to make these inexpensive drugs are cheaper. India, for example, is a major hub of generics manufacturing: nearly half […]

This story was first published on Forbes.com Topline UEFA, the governing body for soccer in Europe, is considering boycotting future FIFA events, including the World Cup, multiple outlets reported on Tuesday—hours after the organization expressed outrage over FIFA’s plans to sell a minority stake in the tournament to private investors. Key Facts In a deal […]

As stablecoins become increasingly prevalent, African administrations find themselves walking a tightrope between extraction and beneficiation. A balancing act that requires thoughtful planning, Kenya hopes its recently published Virtual Asset Service Providers (VASP) regulations will provide the stability it needs to excel in the blockchain era. It’s a move that gives the central bank significant […]

As artificial intelligence becomes a major part of the hiring process, many job seekers are asking themselves: How much AI is too much AI when applying for jobs? From being advised to use ChatGPT to help with your resume and cover letter, to hearing recruiters say they are tired of reading AI-generated applications, today’s professionals are being inundated […]

Uganda’s rich vegetation and favorable climate make it particularly hospitable for bees, and the benefits these pollinators impart on the surrounding environments are far-reaching. It turns out it’s not just nature that can profit. Not long ago, apiculture was commonly looked at as a “lazy man’s job” for “the poorest of the poor,” Birungi Phionah, […]

MTN Group Foundation and the Gates Foundation have launched a $25 million partnership aimed at expanding digital access to maternal health services in Nigeria, seeking to reach 500,000 women, 5,000 frontline health workers and 500 primary healthcare facilities by 2030. The four-year Nigeria Maternal Health Multiplier will combine artificial-intelligence-enabled decision-support tools, affordable smartphones and mobile […]

The scarcity of opportunities in rural areas has directed Africa’s migratory patterns towards urbanization on a major scale. But while cities were designed for the masses, many weren’t built with a colossal population boom in mind. The continent is expected to reach roughly 2.5 billion by 2050, representing around a quarter of the world. […]

It’s in your food, your tea, your blood—and possibly even your liver and brain. It’s inside us, and around us, and it’s alarming. Like the rest of the world, Africa too is grappling with the rising threat of microplastics. This persistent, nearly indestructible material could bring environmental ruin, or create financial and economic opportunity. How is the continent dealing with it?  In South Africa, another load […]

“Recent policy reforms have begun to level the playing field for cleaner alternatives.” When Abraham Mohammed talks about Nigeria’s power situation, he starts with the numbers. “Over 40% of the population, primarily in rural areas, remains unconnected to the national grid,” Mohammed notes to FORBES AFRICA. “Even where the grid exists, Nigeria’s centralized generation capacity […]

“This is purely private philanthropy, which allows us to act swiftly and make direct investments in local communities.” The constant pursuit of uncharted territories has helped map mythical networks, document new species, and trace the origins of Africa’s mightiest rivers–and Dr Steve Boyes has had a direct impact on this. “We’ve been studying the highest […]

Young people are key to cultivating a more sustainable and healthier planet. This is evident across Africa as the youth lead the way in developing innovative solutions for the continent’s challenges. FORBES AFRICA speaks to some of the brightest minds about why they believe even more young people need to step forward and play an active role.  […]

Rwanda is famous for coffee, but tea is fast emerging as a quiet powerhouse, one that earns the country even more foreign exchange and supports thousands of local smallholder farmers.  Around the world, Rwanda is synonymous with rich, high-quality coffee. The coffee sector is a cornerstone of the national economy, contributing about 24% to agricultural exports […]

From pioneering mobile money adoption to streamlining public services, the tiny, hilly East African nation of Rwanda is taking technological transformation to newer heights.  Rwanda believes in the power of technology to connect people and foster real transformation, said President Paul Kagame in his address at the Mobile World Congress (MWC), Africa’s premier connectivity event […]

From the rise of female-led businesses to groundbreaking collaborations in film and the arts, Rwanda is charting a new path for women’s empowerment backed by progressive policies.  Why Rwanda is so attractive to many people who choose to come into the country is also because of its strong focus on gender equality. Women famously constitute more than 60% of […]

Entrepreneur Karen Sherman is transforming potatoes into premium vodka already earning global acclaim.  Almost three hours away from the nation’s capital lies Musanze, Rwanda’s most mountainous district and home to much of the Volcanoes National Park. Known as a hassle-free yet vibrant town, Musanze offers a wide selection of restaurants, reliable access to ATMs, lively nightlife, bustling markets and artisanal […]

Real estate in Rwanda finds an unlikely champion in a Malaysian content creator who has caught the attention of international buyers.  Ong Jun Feng, an entrepreneur in the real estate sector in Rwanda, literally stands for Rwanda’s rise over the years. The recent founder of Marvel Kigali, an online platform showcasing Kigali’s office towers, residential projects, and commercial spaces, he […]

Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. 0none level, news that Ford is taking a massive $19.5 billion charge to downsize its electric vehicle plans, highlighted by the elimination of the battery-only version of the F-150 Lightning pickup, seems to confirm that U.S. automakers are […]

Often draped in plastic, Modou Fall, widely known as ‘The Plastic Man’, has made it his life’s purpose to eradicate plastic waste. As the founder of the environmental association, Clean Senegal, Modou Fall travels the country, educating schools, organizing clean-ups, and campaigning against single-use plastics. “We organized an ecological march from Dakar to Saint Louis, […]

On my most recent trip to South Africa, I explored the entire 300km length of the Garden Route and its magnificent scenery. The route was dotted with beautiful coastal towns offering vistas of wide sandy beaches and tranquil lagoons. The meandering road which runs along the entire coast for miles is typically a few hundred […]

As Africa’s digital transformation accelerates, green energy is becoming a marker of economic strength. With vast untapped renewable resources, Africa holds a strategic advantage, but high financing costs and fragmented infrastructure threaten to slow its momentum.  The rapid rise of artificial intelligence is turning energy into a form of global currency (and influence). As infrastructure […]

Alongside financial indices, private equity ventures and real-estate portfolios, contemporary art could stake its claim as a next-generation, alternative asset class on the continent. Showcases such as the Investec Cape Town Art Fair, ART X Lagos and the RMB Latitudes Art Fair, reinforce this. A curated and deliberate art collection can serve as a strategic […]

2025 marked the United Nations’ International Year of Quantum Science and Technology. On the African continent, from the dark fiber beneath its cities to satellites in orbit, South Africa is actively building a quantum ecosystem designed for regional leadership.  In the heart of Johannesburg, where the hum of urban life meets the cutting edge of science, Professor Andrew Forbes stands amid a labyrinth of lasers […]

Revered by some, feared by many, snakes have a complicated history in Africa. their environmental impact is often overlooked, representing only a fragment of ecological studies. This seems to be changing and they are slowly creeping into the spotlight. Across sub-Saharan Africa’s (SSA) plains, an unexpected hero slithers in the grass: the puff adder. These reptiles are responsible for some […]

With the quadrennial World Cup football tournament set to kick off in June across North America, amid growing uncertainty in the Middle East, will the love of the game be enough to unite fans the world over once again?  Football and war are worlds apart. This year, though, an untimely overlap has them closer than ever. The upcoming FIFA World Cup 2026 promises to be another rendition of footballing brilliance, but it’s facing the tailwinds of global uncertainty. Will the United States (U.S.)-Isr

The continent’s deep reliance on global supply chains is exposing its agricultural sector to mounting costs, impacting some far harder than others. While the ongoing Middle East conflict will likely be remembered for ravaging oil and energy markets, it should also be noted for rattling the world’s agriculture sector–and the effects may only truly be […]

Brain-computer interfaces are an inevitable step in human evolution. With the technology moving inside of our heads, the question is no longer if we’ll merge with it, but when. Hear from those who have had a head start. Jeffrey Castillo, an American futurist, filmmaker and tech entrepreneur, predicted that by 2040, there will be two […]

One of the new seven wonders of nature, Table Mountain is increasingly being challenged by alien flora and a warming climate. Restorers are working hard to re-establish its indigenous biodiversity. Few urban backdrops are as iconic as Cape Town’s Table Mountain. It greets you as your flight descends into the Mother City, it caresses the […]

Reported as ‘the first household randomized controlled trial of a purpose-built healthy house’, it could inform a rethink of housing solutions in several areas across sub-Saharan Africa.  A three-year randomized, controlled trial, conducted in the Mtwara region of Tanzania, highlights the potential and significance of purpose-built architecture, with results showing a drop in malaria and respiratory infections in occupants of specially-designed, two-story homes. According to the report, during t

Room to Read, on a mission to tackle illiteracy and gender inequality, is working to ensure that all children have the resources to read, learn and grow–in turn, creating lasting change. An influx of investments within and outside the continent as well as the development of Africa’s creative economy, and business spheres, have brought foundational learning skills to the fore.  Room to Read–an organization which aims to nurture these skills in the youth–has placed particular focus on this. Founde

Due to the current rerouting of global shipping, South Africa’s coastline has also come into sharper focus, seeing a surge in cargo traffic–and with it, the crucial concern over the proximity of vessels to marine mammals and the rising risk of fatal ‘ship strikes’. When Els Vermeulen, Chief Scientist at the University of Pretoria’s Mammal […]

Landing a first job these days is more difficult—and in some industries more competitive—than it has been in years for recent graduates. This was first published by Forbes.com Postings for entry-level jobs are down across many sectors, unemployment for new college graduates is rising, and the tasks that once served as a stepping stone into […]

African farmers face a tumultuous future as erratic weather patterns appear imminent. The fragility of food security could once again implode into a regional crisis. This year has welcomed favorable yields across the region, from Malawian maize to South African citrus; however, an incoming super El Niño threatens to derail progress. On Tuesday, the World […]

Hiring of college grads is down across the board. But certain majors are able to access opportunities in a wider array of industries, new LinkedIn data shows. This story was first published on Forbes.com Choosing a college major has always felt like a big life decision, influenced by not only personal inclinations and talents, but […]

A still morning on day four; the Namibia Fish River Canyon

A patient had waited more than two decades to see a medical specialist. When the day finally came, he was not in a hospital but in the back of a van parked at a clinic in Koforidua, a regional hub in Ghana’s Eastern Region, and being examined by experienced reconstructive surgeons in Scotland, Rwanda and […]

One of the ways you can see a city’s growth is through its shifting skyline. From towering skyscrapers to cranes and buildings that keep multiplying, construction is the barometer of the economy. But beyond the urban centers, there are different kinds of neighborhoods being engineered–interconnected, underwater worlds for marine life that function as both infrastructure […]

The succession planning shift signals the gradual maturation of African capitalism itself. Earlier this year, Africa’s richest man, Aliko Dangote, expanded the responsibilities of his three daughters across the Dangote Group. Fatima Dangote assumed a commercial leadership role within the group’s energy business, including the Nigeria’s commercial capital Lagos refinery, while retaining oversight of corporate […]

In 1882, John D. Rockefeller, the world’s richest man, created the first full-service single-family office in the U.S. to manage and invest his fortune, said to be $1.4 billion ($31 billion in today’s dollars) at his death in 1937. Fast-forward 142 years, and many members of The Forbes 400 have a family office to help them […]

As CEOs cut back on DEI and tell young workers to leave their politics at home, charitable giving, with an employer match, has emerged as a way for employees to bring their own values to work. President-elect Donald Trump and his appointees are promising a war against woke, with employer diversity, equity and inclusion (DEI) efforts […]

Plus: Booking Holdings’ CEO On Adding AI, Biden Ends With Mostly Good Economic Growth (And One Big Exception), Meta Reorients Policy Before Trump Takes Office, Activist Investors Had A Huge 2024 This is the published version of Forbes’ CEO newsletter, which offers the latest news for today’s and tomorrow’s business leaders and decision makers. Click here to get it […]

The seemingly overnight success of DeepSeek wiped billions of dollars from the fortunes of the world’s richest people—and catapulted the Chinese AI firm’s founder, Liang Wenfeng, into the three-comma-club. On January 20, on the same day as Donald Trump’s inauguration in Washington, Chinese premier Li Qiang held a meeting with experts to consult on the […]

New Year’s Eve at Villa Vecchia is a delirious blur of orange and gold, a scene straight out of F. Scott Fitzgerald’s most opulent fantasies. More than 500 people crowd onto the manicured lawns of the century-old Miami Beach estate with its Versailles-inspired ballroom that once welcomed luminaries including Margaret Thatcher, Henry Kissinger and Mikhail […]

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 combatants. This month, Drake made headlines for bringing a defamation lawsuit against Universal […]

Nigerian singer, songwriter and actor, Tiwa Savage is determined to build an empire that will cement her status among the world’s self-made billionaire women. “I want to go into my mogul era – billionaire Tiwa Savage.” Tiwatope Omolara Savage, professionally known as Tiwa Savage, at the age of 45, is standing on the precipice of […]

“This will be a defining year for AI,” said Mark Zuckerberg on his Facebook blog last month, hyping his plan to invest $65 billion in 2025, most of it in support of growing Meta’s AI capabilities and building upon its Llama 4 model. The locus of these efforts appears to be on 2,250 acres of flat farmland […]

In the running for one of the biggest jobs on the continent, Senegal’s Amadou Hott is no stranger to public life. As a former Minister of Economy, Planning, and Cooperation in his home country, former Vice President of the African Development Bank (AfDB), and Corporate CEO, he hopes to use all of those experiences to […]

Tariffs seem like simple tools, but they often come with unexpected repercussions. Just ask the president, whose fortune dropped a half billion dollars in a few days. Donald Trump fired the first shots in a global trade war last week, inflicting damage on all sorts of people—including himself. On April 2, the day Trump rolled […]

Elon Musk has long claimed civilization will collapse unless we raise the birth rate. Meanwhile, his “DOGE” group is slashing billions in funding for pregnant and nursing mothers and their children. When Sevonna Brown learned that Elon Musk’s quasi-governmental Department of Government Efficiency (“DOGE”) had ordered payment stopped on her $2 million plus NIH grant […]

The philanthropist, businesswoman, advocate for women and girls, and author speaks on embracing change, staying motivated and the universal lessons that have shaped her journey in her new book. “Well, let me just say that I never expected to write a book like this. It is deeply personal, and to be honest, it doesn’t always […]

With strategic collaborations, targeted funding, and growing investment in science, Africa holds immense potential in spearheading the future of global healthcare. Among those taking the lead to develop a cure for HIV, through these partnerships, and with millions in investment through the Ragon Institute, is an American billionaire named Phillip ‘Terry’ Ragon, who we get […]

By signing Cooper Flagg, Shohei Ohtani, Coco Gauff and other young superstars, the 119-year-old sneaker and apparel brand is on a mission to redefine its place in the sports hierarchy. In 2023, before Cooper Flagg was the top player in college basketball and the presumptive No. 1 pick in this year’s NBA Draft, New Balance Chief […]

Forty years ago, music history was made when simultaneous concerts in London and Philadelphia raised money for famine relief. Beyond the dollars, Live Aid supercharged how benefit concerts could make a difference. Forty years ago, Prince Charles and Princess Diana officially opened Live Aid. They were royalty, to be sure, but pop royalty was waiting […]

Since the rise of generative AI, many have feared the toll it would take on the livelihood of human workers. Now CEOs are admitting AI’s impact and layoffs are starting to ramp up. Between meetings in April, Micha Kaufman, CEO of the freelance marketplace Fiverr, fired off a memo to his 1,200 employees that didn’t mince […]

What if dogs could live longer and healthier lives? Loyal’s Celine Halioua has raised $135 million from top investors to develop canine longevity pills—and expects to get her first conditional approval from the FDA next year. Dogs don’t live long enough. The family Lab might make it to 14; bigger beasts like Bernese mountain dogs are […]

Words and Curation: Oluwatomisin AmokeojaAdditional Reporting: Chanel Retief and Nicole PillayArt Director: Manelisi DabataPhotography: Kelechi Amadi-ObiPhotography Assistants: Chukwudi Ademu, Vincent Okoro, Kingsley Ugwukozor, Musa Alabi, Jesutofunmi Amokeoja, Anthony Ibuzo Stylist: Isaac Isiadinso (Kookavelli) Stylist’s Assistant: Timilehin Oshinbanjo Outfits: VREEMD, RAEY, Soft aiv couture and Berluti Makeup & Hair: Oluwatoyin Eko Studio: 12 Temple, Lagos, Nigeria “Crypto is futuristic, [&hel

Carlos Alcaraz and Jannik Sinner are the sport’s next great rivalry—on and off the court—as they lead a group of 10 stars who collectively earned $285 million over the past year. For the past year, tennis has been dominated by the on-court battle between 24-year-old Jannik Sinner of Italy and 22-year-old Carlos Alcaraz of Spain, who […]

Interlune is developing robots to harvest a valuable gas on the lunar surface that could have a big impact on Earth. Inthe lobby of Interlune, a 3-foot-wide tabletop diorama shows an idyllic, toy-size version of the mining operation the Seattle startup wants to build on the moon. Boxy autonomous vehicles scrape up the top layer of […]

The Swedish carmaker isn’t a giant by sales, but Chief Sustainability Officer Vanessa Butani wants it to be a circular business leader with aggressive reuse of metals, batteries and other materials and climate-neutral auto-assembly plants. Volvo Cars isn’t a giant of the automotive industry, delivering fewer than 800,000 vehicles last year. But when it comes to […]

After 11 years, Tala still isn’t profitable. But it has revamped its technology and developed a new underwriting approach, and it aims to enter six new countries and break even by early 2026. March 2020, the Covid pandemic was beginning to devastate the finances of consumers in the Philippines. The country’s government had imposed what […]

Hundreds of private equity firms are now drowning in a sea of competition, searching for lifeboats of new capital as they cling to portfolios of nearly unsaleable investments. Meanwhile, their investors are losing patience. Little more than one year ago, New York City’s Vestar Capital sent a surprising message to its limited partners. After decades of […]

Topline Images released by the FBI on Tuesday show a threatening “armed” individual standing outside the home of Nancy Guthrie, mother of Today Show host Savannah Guthrie, who has now been missing for over a week, but history offers some hope, with some high-profile kidnappings resulting in happy endings. Key Facts FBI Director Kash Patel shared four […]

A member of America’s richest family ranks among the planet’s ten wealthiest people for the first time in at least three years. March wasn’t the best month to be a billionaire, as both the S&P 500 and Nasdaq sank by nearly 5% amid the Iran war. Nine of the world’s ten richest people enter April […]

Amancio Ortega quietly built up the largest real estate fortune on the planet, spanning everything from office towers to wind farms and stretching from California to South Korea. It also comes with significant tax benefits. This story was first published on Forbes.com In November, Spanish clothing billionaire Amancio Ortega paid about $850 million in cash for the historic […]

How the British super star built a $1 billion empire, mainly in the U.S., after retiring from soccer. This story was first published on Forbes.com It is 10 A.M. in Chiswick, a pleasant west London suburb, in late April, and Sir David Beckham has already been on set for two hours. This should have been expected: The […]

If Jay Shetty was going to level up his podcast, he figured he needed to upgrade the studio in which he records it. So before his seven-year-old show, On Purpose, relaunched this month on Netflix, the 38-year-old self-help guru says he spent around $500,000 to renovate the space with specific colors and custom artwork (such asincluding a piece […]

On a June morning during the Formula 1 Grand Prix weekend, thousands of F1 fans and tourists flooded into Monaco, the postcard-sized principality on the French Riviera. Along the two-mile circuit, just after Turn 8, visitors milled about its newest neighborhood, Mareterra, a 15-acre luxury development built directly on the Mediterranean Sea. Even walking along Mareterra’s waterfront […]

This story was first published on Forbes.com Lottie Weaver was scrolling on TikTok in fall of 2025 when an ad stopped her cold. Aerie, the underwear brand whose pajamas she loved, appeared to be offering a massive sale, with PJs that normally cost upwards of $80 marked down to just $6. Weaver decided to get […]

Words and Curation: Oluwatomisin AmokeojaAdditional Reporting: Chanel Retief and Nicole PillayArt Director: Manelisi Dabata “We set out to make world-class financial services available to everyday consumers and businesses so that a student in Benin, a market trader in Kano or a salary earner in Lagos could all transact, save and grow their businesses with the same ease as […]

Words and Curation: Oluwatomisin AmokeojaAdditional Reporting: Chanel Retief and Nicole PillayArt Director: Manelisi DabataPhotography: Kelechi Amadi-ObiPhotography Assistants: Chukwudi Ademu, Vincent Okoro, Kingsley Ugwukozor, Musa Alabi, Jesutofunmi Amokeoja, Anthony Ibuzo Stylist: Isaac Isiadinso (Kookavelli) Stylist’s Assistant: Timilehin Oshinbanjo Outfits: VREEMD, RAEY, Soft aiv couture and Berluti Makeup & Hair: Oluwatoyin Eko Studio: 12 Temple, Lagos, Nigeria “You can’t help […]

Words and Curation: Oluwatomisin AmokeojaAdditional Reporting: Chanel Retief and Nicole PillayArt Director: Manelisi DabataPhotography: Kelechi Amadi-ObiPhotography Assistants: Chukwudi Ademu, Vincent Okoro, Kingsley Ugwukozor, Musa Alabi, Jesutofunmi Amokeoja, Anthony Ibuzo Stylist: Isaac Isiadinso (Kookavelli) Stylist’s Assistant: Timilehin Oshinbanjo Outfits: VREEMD, RAEY, Soft aiv couture and Berluti Makeup & Hair: Oluwatoyin Eko Studio: 12 Temple, Lagos, Nigeria “There’s no one-size-fits-al

Words and Curation: Oluwatomisin AmokeojaAdditional Reporting: Chanel Retief and Nicole PillayArt Director: Manelisi DabataPhotography: Kelechi Amadi-ObiPhotography Assistants: Chukwudi Ademu, Vincent Okoro, Kingsley Ugwukozor, Musa Alabi, Jesutofunmi Amokeoja, Anthony Ibuzo Stylist: Isaac Isiadinso (Kookavelli) Stylist’s Assistant: Timilehin Oshinbanjo Outfits: VREEMD, RAEY, Soft aiv couture and Berluti Makeup & Hair: Oluwatoyin Eko Studio: 12 Temple, Lagos, Nigeria “The future of […]

Words and Curation: Oluwatomisin AmokeojaAdditional Reporting: Chanel Retief and Nicole PillayArt Director: Manelisi DabataPhotography: Kelechi Amadi-ObiPhotography Assistants: Chukwudi Ademu, Vincent Okoro, Kingsley Ugwukozor, Musa Alabi, Jesutofunmi Amokeoja, Anthony Ibuzo Stylist: Isaac Isiadinso (Kookavelli) Stylist’s Assistant: Timilehin Oshinbanjo Outfits: VREEMD, RAEY, Soft aiv couture and Berluti Makeup & Hair: Oluwatoyin Eko Studio: 12 Temple, Lagos, Nigeria “Every day, every […]

With a surge of fintech innovators and diverse product offerings, startups in West Africa are reshaping the continent’s financial landscape. Armed with ambition and artificial intelligence, securing investor interest and millions in funding, the sector is looking to lead the continent into an age of digitalization, economic prosperity and widespread accessibility, proving that Africa is […]

Words and Curation: Oluwatomisin AmokeojaAdditional Reporting: Chanel Retief and Nicole PillayArt Director: Manelisi DabataPhotography: Kelechi Amadi-ObiPhotography Assistants: Chukwudi Ademu, Vincent Okoro, Kingsley Ugwukozor, Musa Alabi, Jesutofunmi Amokeoja, Anthony Ibuzo Stylist: Isaac Isiadinso (Kookavelli) Stylist’s Assistant: Timilehin Oshinbanjo Outfits: VREEMD, RAEY, Soft aiv couture and Berluti Makeup & Hair: Oluwatoyin Eko Studio: 12 Temple, Lagos, Nigeria “From the very […]

Africa’s green future lies in its own hands. Bold, visionary, and driven by boundless energy, committed leaders, policymakers, startups, and communities are working together to address the continent’s pressing environmental challenges while ensuring a climate-resilient future for all. Meeting this future, however, won’t come cheap: Africa will need an estimated $2.7 trillion by 2030 to […]

With consumers globally reportedly spending between $25 and $100 a month on affordable everyday items, including apparel, from low-cost online retailers, it has meant more accessible clothing options for Africa’s growing middle class–but has this sartorial excess been at the expense of the environment?    The fast fashion online shopping experience is rapidly becoming a global […]

As a leading voice in environmental sustainability and an advocate for Africa’s growth and development potential, Wanjira Mathai sits down with FORBES AFRICA to discuss how her journey began, where the opportunities lie and more.  For Wanjira Mathai, the transition from public health–which is where her training lies–to becoming one of the leading voices in […]

The sun shines abundantly over Nigeria. Now, panel by panel, battery by battery, solar power is being used to power businesses and lives in the West African nation, offering a much-needed electricity source.  It’s September 2025, and the all-too familiar news, that the national power grid has collapsed yet again, spreads across Nigeria. In Lagos, […]

It’s in your food, your tea, your blood—and possibly even your liver and brain. It’s inside us, and around us, and it’s alarming. Like the rest of the world, Africa too is grappling with the rising threat of microplastics. This persistent, nearly indestructible material could bring environmental ruin, or create financial and economic opportunity. How is the continent dealing with it?  In South Africa, another load […]

Young people are key to cultivating a more sustainable and healthier planet. This is evident across Africa as the youth lead the way in developing innovative solutions for the continent’s challenges. FORBES AFRICA speaks to some of the brightest minds about why they believe even more young people need to step forward and play an active role.  […]

As global capital tightens, African multilateral development finance institutions are turning inward—mobilizing domestic savings, rethinking industrial policy, and building a new ecosystem of patient, locally-anchored capital. In the boardrooms and finance ministries from Cape Town to Cairo, they are the glue holding public policy and private investment together, chaneling good resources to critical sectors–as the ultimate ecosystem-builders. Swanky […]

Afreximbank’s new chief is betting that Africa’s future lies in an industrial renaissance that promises jobs, export diversification, and a more resilient market.  On a recent afternoon at African Export-Import Bank’s (Afreximbank) glass-fronted headquarters, Dr George Elombi sits in the same office he has attended meetings in for more than a decade as Vice President. The view outside, stretching over the sprawl […]

The women on the third annual FORBES AFRICA Over 30 Under 50 list hail from different industries, countries, and communities across Africa, but are united by one defining trait: a willingness to take risks. From business leaders and comedians to Amapiano artists and tech pioneers, they are boldly betting on themselves—choosing decisiveness and tangible impact over comfort and complacency in […]

With strategic geography, emerging talent and global partnerships, Africa’s space economy is projected to reach almost $40 billion by 2030, and the continent is claiming its place in the global space race. For the region, space is no longer a frontier far, far away anymore. How the region leverages its budding ecosystem could tip the […]

An astronaut in the making, Fama Jallow is living proof that Africans have a future in space. Hailing from The Gambia, a small West African nation nestled within the borders of Senegal, the 28-year-old is an astronaut candidate with Titans Space Industries, training toward a spaceflight qualification by 2029. The mission? To establish a space […]

For billions of years, Planet Earth has been perceived as humanity’s only home in the solar system. Now, scientists are working towards a multi-dimensional future. In the world of interplanetary missions, Mars is the number one destination. Traces of waterways and seasonal patterns have it being probed for future human habitation. When compared to the […]

Born and raised in Nairobi, Kenya, entrepreneur and aerospace engineer Wanjiku Kanjumba is articulating Africa’s future in the global space race. It was an innate curiosity that sparked her path to space. “It started when I looked up into the stars [at the age of four]. The first thing going through my mind was: ‘why […]

As celestial prowess becomes a source for geopolitical strength, Africa’s capacity in the projected trillion-dollar space sector will influence its global sway. With as much at stake, the African Space Agency (AfSA) was formed. Operational since April 2025, AfSA, headquartered in Cairo, Egypt, was years in the making, beginning in January 2016 when an African […]

A shifting employment landscape will require the next (and current) generation of job-seekers to adapt and redefine the confines of traditional practices.   The 2025 Future of Jobs Report by the World Economic Forum (WEF) illustrates a reality of opportunities and challenges. It’s estimated that by 2030, around 170 million jobs—translating to 14% of today’s total employment—will be created amid an […]

Benjamin Rosman, one of TIME’s 100 Most Influential People in AI in 2025, tells FORBES AFRICA that he actually “stumbled” into AI, at the end of his undergraduate studies. “There was a course we had that touched on some ideas, very loosely, in artificial intelligence, and I was really excited about that,” says Rosman, now a Professor […]

Africa has always been the source, never the ‘refinery’,” Kate Kallot, a techpreneur based in Kenya and known for her work advancing technology access across the continent, says to FORBES AFRICA. “We grew the cacao, someone else made the chocolate. We mined the cobalt, someone else built the battery. Data is the new raw material and if we are not careful, […]

Professor Tshilidzi Marwala’s earliest lesson on innovation began in Duthuni village in the Tshivhasa region of Venda in South Africa’s Limpopo Province. He watched his grandmother, a master potter and mat weaver, deftly tap her clay pots and listen carefully to the sound that told her they were structurally sound. “She was, in every sense, […]

Across Africa, immense educational challenges are narrowing the next generation’s scope of opportunity. However, early signs show that AI is daring to widen it. According to a 2022 United Nations Children’s Fund (UNICEF) article, 87% of children in sub-Saharan Africa could not read and understand a simple text by the age of 10. Furthermore, many […]

Nearly four kilometers beneath the surface of the earth, inside South Africa’s Mponeng Gold Mine, where broadband connectivity is unreliable and working conditions are demanding, an artificial intelligence (AI)system recently accomplished something few medical technologies had managed before. Within 45 seconds, it analyzed a miner’s chest X-ray for signs of tuberculosis and occupational lung diseases, […]

The first clue that something fundamental has changed in AI in West Africa occurs through a phone conversation. Here, the defining focal point is how to make AI useful for someone with intermittent electricity, limited internet access, and a language that barely exists in certain mediums. This distinction has begun to reshape where the region’s […]

Dr Olubayo Adekanmbi, the CEO and Co-Founder of EqualyzAI, believes AI will only fully fulfill its potential if no one is left behind in the digital revolution. “The first thing is to speak to what problem we are solving. If AI is going to become the most disruptive technology, then everyone, everywhere, must have access,” he tells FORBES […]

We live in Africa not knowing and realizing the power of our culture, how we have ruled music on the planet,” said five-time Grammy winner from Benin, Angélique Kidjo, in an exclusive interview with FORBES AFRICA in 2022. The power of our culture. Those are telling words. Brand Finance, in early 2026, released its Global […]

Top Line South Africa’s president Cyril Ramaphosa addressed the country on Tuesday in response to the recent spate of killings and violence against women, ordering urgent action and announcing a 90-day timeline to fix the crisis. A total of 11 women were found murdered in and around Ekurhuleni area in Johannesburg over the past two […]

South African designer Laduma Ngxokolo marked a milestone for African fashion on Monday as MaXhosa Africa staged its first runway show on the official Fédération de la Haute Couture et de la Mode (FHCM) Paris Fashion Week calendar. The Spring/Summer 2026-2027 collection, titled Izihlwele Zivumile–an isiXhosa phrase translated by the FHCM as “the ancestors have […]

Topline OpenAI on Tuesday afternoon launched Dots, an AI assistant that can work in the background and across thousands of apps, joining Meta and other big tech companies in the race to build mass publicly available AI agents. This story was first published on Forbes.com Key Facts Open AI announced Dots at its annual developer […]

Africa’s richest man, Aliko Dangote has proceeded with the groundbreaking ceremony of the Kenya oil refinery. Dangote Group posted on its WhatsApp channel at 10:07 am WAT on Wednesday: “Join us live from Kenya for the groundbreaking ceremony of the Dangote East Africa Petroleum Refinery and Petrochemicals SEZ”. The group said on Tuesday that a […]

Nigerian crime thriller Black Market has set a Guinness World Records mark for the largest attendance at a film screening, drawing 51,258 people to the commercial capital Lagos’ Tafawa Balewa Square (TBS) on September 26. The record was achieved by filmmakers Damilola Osikoya, Switch Visual Limited, Nora Awolowo and Rixel Studios for the screening of […]

Topline President Donald Trump hailed planemaker Boeing and its 737 Max aircraft in a Truth Social post early on Thursday, saying the plane’s structural design helped it withstand the FlyDubai flight emergency where the pilot was stabbed by his copilot during an altercation, causing the plane to plunge nearly 15,000 feet in under a minute. […]

Picture over 700 horsepower whizzing by, the sound so visceral that, for a split-second, it nullifies the crowd’s roar as Ferraris, McLarens and the rest of the field thread through tight hairpins and high-speed corners. Having previously owned South Africa’s Kyalami Grand Prix Circuit during five Formula 1 weekends, Bob Hartslief has felt this sensory […]

The scarcity of opportunities in rural areas has directed Africa’s migratory patterns towards urbanization on a major scale. But while cities were designed for the masses, many weren’t built with a colossal population boom in mind. The continent is expected to reach roughly 2.5 billion by 2050, representing around a quarter of the world. […]

The path to the 2027 Cricket World Cup trophy has been revealed a little over 12 months out from the tournament, with India and Australia to get things under way in a repeat of the 2023 decider and the final to be played in Johannesburg on November 21 next year. The tournament fixtures were announced […]

More than a decade since its establishment, Nigerian fitness chain i-Fitness is building a nationwide network of gyms while positioning itself as part of the West African nation’s emerging health and wellness infrastructure. “Since Verod acquired a 65% stake in i-Fitness in 2024, the company has expanded its branch network, strengthened its management structure and […]

Wenyen Gabriel’s path to the Olympics and moments bigger than basketball was an unlikely one. Undrafted in 2018 and remade in the G League, the development league of the NBA, Gabriel represented South Sudan on the biggest stage in sport—and now returns to the country his parents fled, building courts for the refugees his own […]

South Africa has developed exchangeable pitches for its main cricket stadia ahead of next year’s One Day International (ODI) World Cup, alongside Namibia and Zimbabwe, but they come with warnings of potentially neutralizing the conditions that often give them an edge. The idea behind the pitches is to avoid wear and tear and future-proof the […]

Topline OpenAI CEO Sam Altman argued that artificial intelligence will provide significant benefits that justify the tradeoff of accepting “some bad things” stemming from the technology, as he drew a line between his company and chief rival Anthropic, saying OpenAI believes in a much more “lighter-touch” regulation despite recent safety concerns. This story was first […]

Burdened by some of the highest borrowing costs worldwide, the African growth story often comes at a price. The irony is that to ignite development, foreign capital is both an avenue and a barrier, so why look outwards when we can look inwards? The 2026 State of Africa’s Infrastructure Report by the Africa Finance […]

A global benchmark for borrowing rates, the United States (U.S.) 10-Year Treasury Note yield reached its highest level since 2002 last week, exceeding 5.2%, and remains above that threshold at the time of writing. It has seemingly sparked an influx of investors seeking refuge in developed markets, drying up reserves elsewhere. “Higher global yields make […]

Topline A Kenyan citizen tested positive for Ebola, public health officials in the African nation confirmed on Tuesday, marking the first positive case in the country and the fourth nation to report a positive case of the deadly virus during a devastating outbreak that has killed thousands in the Democratic Republic of Congo. This story […]

South Africa’s Johannesburg Stock Exchange (JSE) is the undisputed capital market leader on the continent. According to a 2026 list by Daba Intelligence, its $1.5 trillion market value is more than the other 16 tracked bourses combined. Overall, the continent’s exchanges collectively amount to $2.03 trillion. Eliminating any notion of complacency, a recent report by […]

The Central Bank of West African States (BCEAO) said early October that interoperable electronic-money transactions within the West African Economic and Monetary Union (UEMOA) must be processed through its Interoperable Platform of the Instant Payment System, known as PI-SPI, from November 2. Under the new rules, domestic transfers sent by an individual will be free […]

This story was first published on Forbes.com Lottie Weaver was scrolling on TikTok in fall of 2025 when an ad stopped her cold. Aerie, the underwear brand whose pajamas she loved, appeared to be offering a massive sale, with PJs that normally cost upwards of $80 marked down to just $6. Weaver decided to get […]

Yaasir Jacobs started apparel manufacturer YSport over 12 years ago and, like many entrepreneurs, has suffered the highs and lows of the past decade, including Covid-19 and a struggling economy. But there are still reasons to be optimistic, according to the Cape Town-based Jacobs, who started YSport out of necessity after his family lost houses […]

In April, just as war in the Middle East erupted, the World Bank projected 4.1% growth for sub-Saharan Africa in 2026—a figure now, following the Africa Economic Update report on Tuesday, has been upgraded to 4.3%. A day later, Moody’s sovereign credit rating for sub-Saharan Africa was raised to positive on the back of favorable […]

The Africa Credit Rating Agency (AfCRA) was officially launched in Mauritius on Wednesday under an African Union (AU)-backed initiative to provide additional, Africa-focused assessments of sovereigns, financial institutions and companies. According to disclosures related to the agency, it aims to complement existing international rating firms by incorporating local economic conditions, institutional structures and data that […]

Dan Malesela was a stalwart player for both professional South African soccer clubs, Orlando Pirates and Mamelodi Sundowns, and believes Saturday’s MTN8 final between the heavyweight pair in Durban in South Africa’s KwaZulu-Natal province will be a tense and tight battle. Malesela, who also lifted the Nedbank Cup as a coach with then second-tier TS […]

OpenAI debt is junk. Anthropic gets a “triple B” rating. At least that’s the opinion of AIR Platforms, which on October 1 published an unsolicited credit report on the two companies. AIR is a 10-person, AI-powered New York City startup that has raised $6.1 million. Its cofounders include CEO Glenn Carvajal, who spent 12 years […]

Africa is set to welcome Formula 1 action again, with a 10-year deal bringing the race to Rwanda starting in the early 2030s. It has been over three decades since the motorsport has been hosted on the continent, with Alain Prost beating the late great Ayrton Senna in South Africa in 1993. Formula 1’s decision […]

Sudan’s economy has shrunk dramatically since fighting erupted between the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF) in April 2023. However, there are now tentative signs of recovery. The latest Sudan Country Focus Report from the African Development Bank (AfDB), published in July, estimates that GDP grew by 1.2% in […]

Jason Rowles had only played one Twenty20 match as a professional cricketer when he was signed by the Joburg Super Kings for an astonishing R2.9 million ($175,000) at the auction for the fifth season of the SA20 (South Africa’s franchise Twenty20 cricket league, run by Cricket South Africa). The 18-year-old, who is still in his […]

War in the Middle East and Eastern Europe has dented diesel stockpiles worldwide, sending prices to record highs from South Africa to the United Kingdom and the United States (U.S.). In the U.S., diesel inventories dropped to 107.9 million barrels last month, the lowest level ever recorded for this time of year since records began, […]

South Africa’s Proteas will need to sharpen up on both their batting and bowling, but the real improvement must come from the mental side of their approach as they look to level the test series against Australia. Captain Temba Bavuma says the team’s mental aptitude needs sharpening and more fight is required for the second […]

Topline: After much speculation and buzz, Nigerian industrialist and billionaire Aliko Dangote selected Botswana, the landlocked southern African nation, as the dual host for what is expected to be the continent’s largest-ever initial public offering (IPO), expected to open for trading by early December. Key Facts: Botswana’s Moment Having announced the intention for its first […]

OpenAI debt is junk. Anthropic gets a “triple B” rating. At least that’s the opinion of AIR Platforms, which on October 1 published an unsolicited credit report on the two companies. AIR is a 10-person, AI-powered New York City startup that has raised $6.1 million. Its cofounders include CEO Glenn Carvajal, who spent 12 years […]

This article was first published on Forbes.com Topline Jay-Z, the world’s wealthiest musician, pushed back on arguments that billionaires are inherently bad in a rare interview with GQ on Tuesday, saying it’s “like a cop-out” to link a person’s morality to the amount of money they have. Key Facts Jay-Z, whom Forbes estimates is worth $2.8 billion, told GQ […]

A member of America’s richest family ranks among the planet’s ten wealthiest people for the first time in at least three years. March wasn’t the best month to be a billionaire, as both the S&P 500 and Nasdaq sank by nearly 5% amid the Iran war. Nine of the world’s ten richest people enter April […]

The biggest gainer on Forbes’ list of Africa’s richest people this year, Abdulsamad Rabiu, is doubling down on processing, producing at scale and keeping more value on the continent. For Abdulsamad Rabiu, the past year has been more about validation than celebration. He is the biggest gainer on this year’s list of Africa’s richest people […]

In all, these 23 dealmakers and moguls are worth $126.7 billion, up 21% from 2025. This list was first published on Forbes.com Billionaire fortunes continue to surge in Africa. The members of the continent’s three-comma club—which surpassed $100 billion in combined wealth for the first time last year—are richer than ever, having added a collective […]

This story wad first published on Forbes.com Topline Billionaire Nvidia chief Jensen Huang encouraged people on Thursday to move to California despite the Golden State’s high tax rates, according to multiple reports, showing support for the state as a proposed billionaire tax has been blasted by some of the world’s wealthiest people, some of whom have pulled […]

Amancio Ortega quietly built up the largest real estate fortune on the planet, spanning everything from office towers to wind farms and stretching from California to South Korea. It also comes with significant tax benefits. This story was first published on Forbes.com In November, Spanish clothing billionaire Amancio Ortega paid about $850 million in cash for the historic […]

Analysts say the plan signals rising confidence in Africa’s growth prospects but warn that execution risks remain. The conglomerate of Africa’s richest man Aliko Dangote plans to grow annual revenue to $100 billion by 2030 under a new strategy that will require at least $40 billion in investment, the African Export-Import Bank (Afreximbank) said, after […]

Topline Shares of L’Oreal rose sharply on Thursday, boosting company heiress Francoise Bettencourt Meyers’ net worth by more than $6 billion, after the cosmetics giant beat analyst expectations and reported a 7.6% increase in sales in the first quarter of this year. Key Facts After markets opened in Europe, L’Oreal’s share price rose 8.21% to […]

Dangote Cement, listed in Nigeria’s commercial capital Lagos, has a market capitalization of over $12 billion after its shares more than doubled over the past year. Africa’s richest man Aliko Dangote plans a secondary listing of his cement business in London in September, reviving long-standing plans to bring the continent’s largest cement producer to international […]

Topline Nvidia CEO Jensen Huang became the world’s seventh-richest person on Monday, overtaking Dell founder Michael Dell as Nvidia rallied toward another record, bringing Huang’s fortune close to $200 billion for the first time. This story was first published on Forbes.com Key Facts Forbes’ Real-Time Billionaires List estimates Huang’s net worth at $191.5 billion as […]

How the British super star built a $1 billion empire, mainly in the U.S., after retiring from soccer. This story was first published on Forbes.com It is 10 A.M. in Chiswick, a pleasant west London suburb, in late April, and Sir David Beckham has already been on set for two hours. This should have been expected: The […]

Topline Oracle shares hit a 2026 intraday high Monday, extending a furious late-May rally that has recast the database pioneer as a marquee AI-infrastructure player and boosted the fortune of cofounder Larry Ellison, who holds roughly 40% of the company. Key Facts Oracle surged more than 10% on Monday with shares hitting $250 and Ellison’s […]

The billionaire industrialist Aliko Dangote’s plan forms part of a broader growth strategy unveiled by the Dangote Group, which aims to increase annual revenue to $100 billion by 2030. The plan is expected to require at least $40 billion of additional investment. Dangote Refinery has increased its crude processing rate to 700,000 barrels a day […]

The world could gain its first ever trillionaire this week, as Elon Musk takes his rocket and satellite company SpaceX public Friday in the biggest IPO in history. His wealth explosion has inspired his devotees, exhilarated his investors, vexed the skeptical and enraged those calling for higher taxes on the ultra-rich. This story was first published on Forbes.com […]

Rocketmaker SpaceX began trading on the Nasdaq Friday, boosting Musk’s fortune to an estimated $1.1 trillion. This story was first published on Forbes.com Note: This story has been updated to reflect the first day of trading after SpaceX’s historic IPO. Elon Musk just became the first trillionaire in world history. SpaceX’s stock began trading on the […]

Elon Musk is now the world’s first trillionaire. To put that into perspective, Forbes stacked his fortune up against a variety of economic measures from the size of the defense budget to the cost of milk. This story was first published on Forbes.com A trillion dollars is an enormous amount of wealth for any one person to […]

Topline Elon Musk’s fortune swelled above $1.4 trillion on Tuesday as SpaceX shares extended a rally in their second full trading day, ranking Musk’s rocket maker ahead of Amazon as the world’s fifth-largest company by market value. This story was first published on Forbes.com Key Facts Shares of SpaceX rallied by just over 10% shortly […]

Topline Index provider MSCI awarded SpaceX the lowest possible environmental, social and governance (ESG) rating, ranking Elon Musk’s rocket maker at the same score as Russia while flagging concerns the firm has failed to manage “significant” risks following its record-setting debut earlier this month. Elon Musk has claimed the ratings are “weaponized by phony social […]

A slump in SpaceX’s stock price and new restrictions on $116 billion of Musk’s Tesla shares have dropped him from the four-comma-club. This story was first published on Forbes.com Elon Musk became the first trillionaire in world history when SpaceX went public on June 12, boosting his fortune to an estimated $1.1 trillion. Then as the […]

The project, expected to take between three and five years to complete, would become East Africa’s largest refinery and Dangote Group’s biggest refining investment outside Nigeria. Dangote Group, led by billionaire industrialist Aliko Dangote, has settled on Kenya as the location to replicate the success of its flagship Lagos oil refinery in East Africa. A […]

Confederation of African Football president Dr Patrice Motsepe will not stand for re-election when his current term comes to an end. The South African entrepreneur says he has no interest in a position at FIFA and is backing Gianni Infantino to continue as president of the global body. Motsepe addressed the media on a range […]

Topline Warren Buffett excluded the Gates Foundation from his midyear donations for the first time since 2006, opting instead to donate thousands of Berkshire Hathaway shares worth almost $6 billion to four foundations run by his children. The billionaire Berkshire Hathaway chair instead donated thousands of shares in his company to four foundations run by […]