Daniel Ek on stage in 2024. Laure Andrillon/Reuters Spotify founder-CEO Daniel Ek will step down to become executive chairman in January, the Swedish streaming company said on Tuesday as it named long-time executives Gustav Soderstrom and Alex Norstrom as co-CEOs. The leadership change comes as Spotify expands into podcasts and audiobooks amid questions over how…
Yoco co-founder and outgoing CEO Katlego Maphai Katlego Maphai, co-founder and long-serving CEO of South African fintech company Yoco, has announced he will step down from the role after more than 10 years at the helm. Maphai revealed the decision in a LinkedIn post on Wednesday, saying the move comes after a period of reflection….
Washington, DC — The global trade landscape is full of competing countdown clocks that are quietly challenging U.S. competitiveness as they tick down. In the chaos of today’s trade environment, it’s difficult for American business owners and legislators to know what to address first. But there are two trade agreements whose ringing alarms can no…
A high-level international peer review of Liberia’s Education Management Information System (EMIS), led by the African Union Commission, through its Pan African Institute for Education for Development (AU-IPED), under the Global Partnership for Education’s Knowledge and Innovation Exchange (GPE KIX), a joint endeavour with the International Development Research Centre (IDRC), Canada, concluded today. The exercise,…
The Competition Commission has recommended that the Competition Tribunal approve the South African Reserve Bank’s proposed acquisition control of BankservAfrica – and has done so without attaching any conditions. The transaction will see the central bank take sole ownership of the payments clearing house, which plays a critical role in processing interbank transactions. BankservAfrica is…
Lusaka — Ministers of Health, partners, and global health leaders convening on the sidelines of the Seventy Fifth WHO Regional Committee for Africa (RC75) have issued an urgent call to accelerate Africa’s malaria response amid a “perfect storm” of challenges threatening to erode hard-won gains. Despite major progress, including a 16% reduction in malaria incidence…
The Competition Tribunal has given the green light to a transaction that should help advance a proposed plan to list Cell C on the JSE. The regulator on Thursday said it has given its blessing, without conditions, to a transaction that will see Cell C buying back its contract customer base from its largest shareholder,…
Standard Bank Group CEO Sim Tshabalala. Luc Gnago/Reuters Standard Bank Group said on Thursday that its CEO, Sim Tshabalala, would retire towards the end of 2027 in line with its leadership succession planning. The announcement comes after the bank reviewed its retirement age for executives and decided to increase the normal age from 60 to…
The first malaria treatment for babies and very young children of 2 months up to 5 years was approved for use by Swiss agency for therapeutic products, Swissmedic, in early July 2025. Until now, babies and very young children have been treated with medicines formulated for older children. The Conversation Africa asked Fortunate Mokoena, about…
Tanzania’s national team, the Taifa Stars, are in the final stages of their preparations for the TotalEnergies African Nations Championship (CHAN) 2024 with an intensive training camp in Ismailia, Egypt. The East African side, who will co-host the competition alongside Uganda and Kenya, have been in North Africa for four days as they fine-tune their…
