- Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), reappointed for a second term, has also been named one of Forbes’ 100 Most Powerful Women in the World in 2024, marking her eighth appearance on the list. In a post on X (formerly Twitter), Okonjo-Iweala celebrated the…
- Topline Shares of MicroStrategy rallied Monday after the corporate bitcoin holder earned a spot in a key stock index, an apparent institutional vote of confidence in the company whose stock has been red hot amid the cryptocurrency boom. Key Facts MicroStrategy stock gained 4% at market open,…
- German President Frank-Walter Steinmeier’s third visit to Nigeria, accompanied by a high-powered delegation of CEOs and board members from leading German companies in information technology, high-tech, and energy sectors, signals an elevated importance of the West African nation in Germany’s…
- Topline Millions of stainless steel travel mugs sold by the popular Stanley brand have been recalled as the company reports dozens of burn injuries caused by faulty lids. Key Facts Stanley on Thursday issued the recall notice for 2.6 million of their Switchback and Trigger Action stainless steel…
- Topline A federal appeals court has upheld a federal ban on TikTok that would make the app unavailable to American users starting in January, and while TikTok is doing all it can to reverse the decision, users still have time to save their favorite videos before they potentially disappear. Key…
- The Uncertainty around the U.S. elections after months of debate was fi nally put to rest as results were announced on November 6. Donald Trump created history by winning when all the odds were supposedly stacked up against him. Listening to Professor Allan Lichtman, the ‘Nostradamus of election…
- Scams during the festive season are the most lucrative for criminals, according to experts. How can customers ensure that they don’t fall prey during the holiday season and into 2025? As the festive season continues, experts have warned consumers that although it is a time to be merry and jolly, it…
- After Claudia Sheinbaum took the oath of office as Mexico’s president in October, a historic cheer filled the congressional chamber: “Presidenta! Presidenta!” Sheinbaum, 62, is the first woman to preside over the nation—the world’s 12th-largest economy—in its 200 year history as an independent…
- Naana Jane Opoku-Agyemang’s emergence as Ghana’s first female vice president brings the West African nation, home to 34 million people and renowned for its democratic institutions, closer to the possibility of electing its first female president — a milestone recently achieved by Namibia with the…
- In today’s interconnected world, where technology underpins virtually every business operation, the threat of cybercrime has become increasingly significant. Cyberattacks are not only growing in frequency but are also becoming more sophisticated, making robust cybersecurity a critical necessity for…
- Topline Meta apps Facebook, Instagram and WhatsApp were experiencing issues Wednesday afternoon as thousands of people reported outages for the apps on DownDetector—though Meta said just after 5:30 p.m. EST the issue was almost fixed. Key Facts Reports of outages soared starting around 12:30 p.m.…
- Monday marked the last day of 16 days of activism in the country. While the campaign was designed to raise awareness of the negative impacts of violence and abuse on women and children, experts, activists, and researchers believe that more, especially at the private sector level, can be done to…
- Our travel writer Ramdas Iyer explores the ancient, Sunbaked Ksours, Kasbahs and Vernacular mud architecture in the region South of Marrakesh. Ksours form part of the typical desert landscape in most countries of North Africa. Some of them have become famous thanks to the sci-fi or historical films…
- The highway will connect Côte d’Ivoire, Ghana, Togo, Benin, and Nigeria, regions that account for 75% of West Africa’s commercial activity. A 1,028-kilometer project dubbed Abidjan-Lagos Highway Corridor, is slated to begin in 2026 and conclude by 2030, fueled by $15.6 billion in investment…
- Topline Gas prices in the U.S. reached a more than three-year low Monday, dipping below the $3.00 mark as Americans prepare to travel for the holidays. Key Facts The national average price for a gallon of gas reached $2.97 this week, according to data from GasBuddy, marking its lowest point since…
- Artificial intelligence (AI) holds transformative potential for Africa, but harnessing it responsibly is crucial. As AI increasingly integrates into various sectors, standards for robust governance frameworks are essential to ensure its ethical and beneficial use for all Africans. The United…
- Through a comprehensive approach that includes regulatory overhaul, grassroots support to its citizens, infrastructure expansion, and strategic partnerships with the private sector, Nigeria is recalibrating the use of its vast natural gas reserves. “Nigeria’s motorists can buy petrol at N1,000 per…
- Topline An undiagnosed disease outbreak in southwest Congo causing flu-like symptoms has now infected more than 400 people since October, health officials said Sunday, and reportedly killed 143 people since October, disproportionately affecting children under the age of five—as health officials…
- Syrian President Bashar al-Assad arrived in Russia on Sunday after rebels seized control of Damascus, Russian state media said—a pivotal moment in the years-long civil war against the regime that has controlled Syria since the 1970s. Key Facts Assad and his family arrived in Moscow and will be…
- Results trickling in from Ghana’s 2024 presidential elections place former President John Dramani Mahama – who lost his re-election bid to the incumbent President Nana Akufo-Addo in 2016 – on track to reclaim the presidency. Ghana’s Vice President, Mahamudu Bawumia, the presidential candidate of…
- Akinwumi Adesina, the President of the African Development Bank (AfDB), has been crowned the All African Business Leaders Awards’ (AABLA) first-ever ‘African of the Decade’ as he concludes a 10-year tenure marked by several laudable initiatives to improve lives across Africa. The award recognized…
- As Lesotho celebrates the 200th anniversary of its founding, it presents investors with a stable, growing market rich in opportunities across tourism, agriculture, and renewable energy, backed by improved infrastructure and investor-friendly policies. “The Bicentennial is a moment of national pride…
- It has been a stellar year for music on the continent. Globally, more artists from Africa have taken center-stage introducing the nuances of African sound that’s becoming a firm favorite. Digital music service provider Spotify has just released its much-anticipated ‘Wrapped’ list that collates the…
- Zimbabwean striker Peter Ndlovu opened the door for a multitude of talent from the continent to follow in his footsteps and compete in what is regarded as the world’s best club arena. Peter Ndlovu holds two pieces of English Premier League history no one can take away from him, even if his…
- Topline The price of Bitcoin crossed $100,000 for the first time and hit an all-time high of nearly $104,000 late on Wednesday, as the world’s most valuable cryptocurrency continued its post-election bull run as President-elect Donald Trump has vowed to embrace crypto-friendly policies. Key Facts…
- In a move to strengthen South Africa-Nigeria ties, South Africa’s President Cyril Ramaphosa announced last night that efforts to create a favorable environment will include a simplified visa process for travelers coming in to South Africa from the West African nation. With Nigeria’s President Bola…
- Namibia’s ruling party, the South West Africa People’s Organisation (SWAPO), will retain its status as woman leader, Netumbo Nandi-Ndaitwah secures the Presidency, a first for the country. According to reports, the current Vice President secured 57% of the votes. Namibia, which has a population of…
- If the thought of robots short-circuiting your career is keeping you awake at night, you might be experiencing FOBO – the fear of becoming obsolete. This rising form of anxiety is leading many workers to worry about being left gathering dust as their high-tech counterparts advance. With AI and…
- 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…
- South African businesses and consumers alike could reap the rewards during November and, possibly, long after, as retailers look to take advantage of increased consumer confidence before the festive season (officially) begins. Seen as ‘the largest trading weekend on the Retail Calendar’ for some,…
- Topline Donald Trump announced Saturday he would impose a 100% tariff on BRICS nations if they try to replace the dollar in international trade, impacting a group of major developing economies whose members include Russia, India, China and Iran, among others, marking the latest threats by the…
- You’re working in a large corporation, and you’ve been given two choices. Choice one guarantees a profit of $1 million in the next 12 months. It’s safe, predictable, and secure. Choice two, however, gives you the opportunity to make $1 billion. But there’s a catch: your chance of success is only 1…
- With sensors, smart devices, intelligent equipment and data-driven analytics, next generation technologies and virtual training programs are bringing personalized fitness into the lounge, offering elite athletes and home users the same access to exceptional quality training, regardless of location…
- Topline A ban on social media for children under 16—which drew criticism from social media companies and leaders—passed the Australian senate on Thursday, poising it to become the world’s first law designed to keep young children off of social media. Key Facts The ban—which would allow Australia to…
- Since its inception in 2014 – with Checkers (Shoprite Holdings) becoming the first official retailer to introduce Black Friday in South Africa – the appetite and uptake for what is arguably one of the biggest shopping days in the world has grown. But consumers tend to amp up their spending on this…
- Topline Spotify teased the release of its highly anticipated 2024 Spotify Wrapped on Wednesday and reminded users to make sure their apps are up-to-date so they can access the playlists when they’re released—though the company stopped short of sharing the release date. Key Facts The platform…
- Eleven-year-old Nigerian-American Eniola Shokunbi has written to Nigerian authorities, requesting an invitation and security support to discuss how do-it-yourself (DIY) box fan filters — known as Corsi-Rosenthal boxes — could benefit Nigerian schools. This initiative follows the recent approval by…
- The following article was first published here, by Forbes Africa Lusofona and has been translated and republished with permission. The tycoon and president of Dangote Industries, Aliko Dangote, Africa’s richest man, arrived in Luanda on Tuesday for a brief visit to officially open his company’s…
- Topline Israeli President Benjamin Netanyahu said Tuesday he will recommend the Israeli cabinet approve a ceasefire agreement with Lebanon-based Hezbollah—marking the potential for an agreement that will put an end to more than a year of fighting between the two countries, but that is unlikely to…
- South Africa’s ongoing battle with gender-based violence (GBV) has received a boost with the release of the first national study on the subject. Conducted by the Human Sciences Research Council (HSRC), the report goes beyond statistics to expose the structural and behavioral factors fueling this…
- South African literary giant and anti-apartheid activist Breyten Breytenbach died peacefully in Paris on Sunday at the age of 85, with his wife Yolande by his side. Known for his fearless criticism of apartheid and innovative contributions to literature and the arts, Breytenbach’s work resonated…
- Topline A DHL cargo plane crashed near the Vilnius Airport in Lithuania’s capital city on Monday, killing at least one person and injuring two others, although the cause of the accident remains unknown. Key Facts According to Lithuanian state broadcaster LRT, one crew member was killed in the crash…
- Inspiring a lasting legacy,the world still resonates with Africa’s first-ever heavyweight title fight, Rumble in the Jungle, watched by as many as one billion people worldwide. As first light crept over Kinshasa’s then Stade du 20 Mai (20th of May Stadium), the air electric and the world watching,…
- Africa has some of the largest sources of natural capital in the world, including over 40% of the world’s clean energy potential; 65% of the world’s uncultivated arable land; 25% of global biodiversity; and 20% of the world’s tropical rainforest area. The Congo Basin is the second largest carbon…
- Topline The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, former defense minister Yoav Gallant and a high-ranking Hamas official, accusing the three leaders of war crimes during Israel’s war with the militant group. Key Facts The ICC…
- Topline Top strategists largely expect another year of strong returns for the U.S.’ leading S&P 500 stock index in 2025, according to early prognostications from major banks, a welcome bullish signal for investors already enjoying a historic bull market. Key Facts Goldman Sachs: The investment…
- A Call for Women’s Leadership in Energy The Secretary of State for Mineral Resources, Jânio Correa Victor, inaugurated the summit with a call to action for women to lead transformative projects in the energy sector. Representing the Minister of Mineral Resources, Petroleum, and Gas, Diamantino…
- WHAT IS IT ABOUT SOUTH AFRICAN BRANDIES that make them so special, yet, why are they underappreciated by the broader population in the country? We speak to the connoisseurs, who raise their glasses for elevating their favorite tipple. South Africa, with one of the oldest wine routes outside of…
- “Women are our greatest entrepreneurs, both from a social and business perspective,” said N’Gunu Tiny, founder of the Media Nove group, this Wednesday, the 20th, in Luanda. Speaking at the opening of the Forbes Africa Lusophone Annual Summit 2024, an event that brings together visionary leaders…
- 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…
