Forbes Africa - June - July 2024
Forbes Africa - June - July 2024
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In the June-July issue, for the firm time, FORBES AFRICA captures the essence of the hyper-local in Africa, showcasing the true grit and resilience inherent within the continent’s economies, capturing the progress of small companies big on ideas, culture and community. We find that while the list captures the versatility of industries on the continent, purpose remains a common priority for each of these Small Giants. Also in this issue, we present an overview of what has been done or what remains to be done in the run-up to achieving the SDGs over the next six years. We also look into the crystal ball for what the global futurists are saying with regard to fresh insights into future tech and a better tomorrow. Africa will be striving to come back from the Paris 2024 Olympic Games with precious metals in the form of gold, silver and bronze. We select 10 sports stars who could be on the podium in Paris. From the US, we highlight some of the most notable new members of the 10-figure billionaires club. In our lifestyle section, we look at why Africa too can proudly claim to be a source of caviar, one of the world’s biggest indulgences; and with solar solutions becoming so popular, why the continent can’t afford to become a toxic dumping ground for the e-waste detritus left behind by solar. There’s also more from the world of business, art, health and cinema in this issue, out now!
HIP-HOP'S HOTTEST HUSTLER
The Memphis rap star runs one of the biggest music labels, owns a piece of an MLS team and is looking to expand his empire like his billionaire mentor Jay-Z. But first, he's going to business school.
4 mins
Kigali Triennial, The Ambitious New Event On The African Cultural Calendar
Rwanda has rightly earned the nickname of \"a land of a thousand hills and a thousand and one opportunities\" because of the country's impressive economic progress. However, after the recently-concluded celebration of arts which was the inaugural Kigali Triennial festival, you can now add culture to the list of things the country offers for tourists and investors.
5 mins
The dark Side of AI
There is a thin line between innovation and abuse. A look at how large language models (LLMs) are making cyber-criminals even better at mastering the art of deception.
1 min
Gene Gamechanger
Disease-resistant crops? Cows that can withstand climate change? Here's how CRISPR is already transforming the continent, and why building a network of skilled scientists can help position Africa as a key global contributor in this frontier of crop development.
4 mins
Women Empowerment And Transformation In Mining: A Distinctive Perspective
GMDC is a mining company that specializes in tungsten (wolfram) and operates in the city of Kigali, Nyarugenge District, Mageragere Sector.
2 mins
How The Mining Sector Contributes To Community Development Initiatives
It plays a significant role in Rwanda's overall development, contributing to infrastructure, job creation, health, education, and even environmental conservation. It's not just about extracting resources; mining is mandated to build up the communities and nation alongside its operations.
2 mins
Reflecting On 2023 Milestones And A Look Ahead
Last year solidified Rwanda's position as a prime African mining investment destination and a burgeoning hub for mineral value addition. What will 2024 hold?
2 mins
Rwandan Mining Regulator Unveils Three-Year Mineral Exploration Campaign
A holistic approach to responsible mineral resource management in the country.
2 mins
TASTING SUCCESS
Paul Siguqa has had an unlikely journey in the wine business in South Africa. His mother worked in the vineyards as a laborer during the apartheid era and now, his fully black-owned wine farm sells premium products.
4 mins
Creating Stronger Communities In Africa Through Digital And Financial Inclusion
In Sub-Saharan Africa, a silent barrier to economic inclusion and social mobility persists: one in four adults lacks identification, according to a World Bank report.
2 mins
HUNGRY FOR GROWTH
By applying Amazon's playbook to the restaurant supply business, family-owned Clark Associates, in Pennsylvania’s Amish country, has rapidly captured roughly a fifth of the 18 billion industry. Now, like Jeff Bezos before them, they want a larger portion.
6 mins
THE CLASS OF 2024 PASSION, PURPOSE AND A DECADE OF THE 30 UNDER 30 LIST
THE MILESTONE SPEAKS FOR ITSELF: IT'S THE 10TH ANNIVERSARY OF FORBES AFRICA'S 30 UNDER 30 LIST, AND JUST LIKE THE HONOREES WHO HAVE COME BEFORE THEM, THE CLASS OF 2024 TOO ARE DRIVEN BY IMPACT. PROFITS ASIDE, IT'S ABOUT ACHIEVING SUCCESS WITH INNOVATION, INFLUENCE AND INDIVIDUALITY. THEY AREN'T LOOKING TO FILL BIG SHOES BUT RATHER LACE UP THEIR OWN AND FORGE AHEAD WITH GIANT STRIDES, LEADING BY EXAMPLE AND LEAVING AN INDELIBLE PATH FOR THE CHANGEMAKERS TO COME.
10+ mins
The Entrepreneur Rewriting Africa's Payment Playbook
Benjamin Fernandes is the founder and CEO of NALA. Born and raised in Tanzania, at 17, Fernandes received a conditional scholarship offer from the University of Northwestern in the US for his bachelors.
2 mins
From Scotland to Nigeria
The Macallan, renowned worldwide for its extraordinary single-malt whiskies, recently presented The Reach in Africa for the first time.
5 mins
Ubuntu And The Audacity To Believe In Business Dreams
It is a universally-accepted notion that, if we are to truly become a more equitable society, more women are needed in the corridors of power and influence.
2 mins
The Road To Peace: From Kyiv To Vilakazi Street
On a bright summer day in March in South Africa, Oleksandra Romantsova is at Vilakazi Street in Johannesburg’s sprawling Soweto township.
2 mins
FROM WEF TO WAR TO POLLS AND POLITICS, AN INTERESTING YEAR FOR THE WORLD
\"HISTORY HAS TAUGHT US MANY LESSONS AND SELF-PRESERVATION IS AN ADEQUATE MOTIVATION FOR NATIONS TO ACT IN SELFINTEREST. THE ONLY WAY FIGHTING BETWEEN NEIGHBORS CAN COME TO AN END IS IF THE TWO (WITH THE HELP OF AFFECTED AND INTERESTED NEIGHBORS) SIT DOWN TO TALK.\"\"
7 mins
Down To Earth
A new era in satellite technology offers space-down insight. Here are some fascinating world views.
5 mins
Could A Digital Twin Save Your Life?
Human digital twins are quickly moving beyond manufacturing and into the medical world advancing cancer care, soeeding up drug development, personalizing clinical trials, and much more.
4 mins
The All-Rounder In Ecotourism
An exclusive interview with renowned Kenya-born landscape architect and pioneer of sustainable tourism Hitesh Mehta. His other fascinating career? Representing East Africa and Kenya in first-class cricket and playing in three ICC World Cup tournaments in the late 1970s and 1980s.
5 mins
Wheeler-Deeler
Alex Bouaziz’s HR company became the fastest-growing software startup in Silicon Valley history by promising to take the pain out of overseas hiring. But in its rush to a $12 billion valuation, regulators worry it may have been cutting the very compliance corners it’s supposedly maintaining.
6 mins
Culture Couture
Niger designer Alia Baré, also the daughter of a former president, is working to weave together a positive narrative of her country through fashion.
5 mins
'We Can Build A Real Unicorn Out Of Africa, Creating Impact'
Manish Sardana, the Nairobi-based co-founder of edtech startup Craydel, wants to democratize access to higher education in Africa and eradicate the study-abroad agent market.
10 mins
A Record Year For Elections, 2024 Will Determine Global Geopolitics
We are all hopeful that 2024 will definitely bring better sense to people, particularly to those in power to make sincere amends to the lapses of the past.
8 mins
For The Record
A Brazilian producer and a Kenyan singer came together to create a song last year that sOared ujp music charts globally, and in collaborating With a an India-born director for the video, it is NOW a milestone for African sound.
4 mins
The Best Game
SA20 Commissioner and former South African cricketer Graeme Smith on the ambition to create the biggest league outside of India, and why putting on a show off the pitch is as important to attract a new audience.
4 mins
Cream Of The Crop
Food is the future and these proactive startups are focused on shifting agricultural practices to prepare for what is to come.
5 mins
OVER 30 50 UNDER Formidable And Forging Ahead
WE HAVE FEATURED UNDER 30s AND OVER 50s BUT FOR THE FIRST TIME, FORBES AFRICA PROFILES WOMEN EXCELLING IN THEIR 30s AND 40s. FROM MUSICIANS AND ACTORS TO BUSINESS LEADERS AND TECH ENTREPRENEURS, WE SHINE THE LIGHT ON A SMALL CROSS-SECTION OF TRAILBLAZERS, DISRUPTORS AND DECISIONAKERS IN AFRICA IN THIS DEMOGRAPHIC, WRITING THEIR STORY AND OWNING IT.
9 mins
Kenya 60 Years Ago: The Role Of Women In The Path To Progress
As Kenya celebrates 60 years of independence from British colonial rule, its freedom, like any other country’s, was hard-won involving the actions of brave political leaders, activists, freedom fighters – and its women.
3 mins
Fintech In Kenya: Analyzing The Gains, Growth And Game-Changers
Innovation and collaboration have fueled the country’s mobile money and tech space for decades. But where does it stand now and what can we expect in the coming years?
6 mins
Forbes Africa Magazine Description:
Verlag: ABN Publishing
Kategorie: Business
Sprache: English
Häufigkeit: 7 Issues/Year
Forbes Africa is the drama critic to business in Africa. The magazine helps readers connect the dots, form patterns and see beyond the obvious, giving them a completely different perspective. In doing this, it delivers sharp, in-depth and engaging stories by looking at global and domestic issues from an African prism.
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