Forbes Africa Magazine - April - May 2024
Forbes Africa Magazine - April - May 2024
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In this issue
It’s here! The 10th anniversary edition of FORBES AFRICA’s 30 Under 30 list is in the April/May 2024 issue, and we can’t wait to unravel the careers and conversations of this year’s achievers! Just as the honorees who have come before them, the class of 2024 too are driven by impact, leading by example and leaving an indelible path for the changemakers to come. For a decade now, we have uncovered the unmistakable potential and talent pool that exists on a continent boasting the world’s youngest population. Also, in this issue, there’s more talent unfurling in Nigeria’s skit-making world, where artists reportedly earn over $20,000 monthly, attracting transnational collaborations, and catalyzing the growth of the creative industry. In our lifestyle section, we get into the shoes of Africa’s sneaker market that’s experiencing strident growth. In our tech segment, we look at subjects as diverse as gene editing, the digital afterlife and the dark side of AI and how it is stealing your voice. Besides the regular dose of enterprising entrepreneurs aiming high – including the fabulous Sabrina Elba in her five-inch heels – we look at survivors and thrivers such as a wine farmer whose mother worked in the vineyards as a laborer during the apartheid era in South Africa and who now, owns a winery selling premium products. All this and more, in the April/May 2024 issue of FORBES AFRICA, in stores now!
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
'Trade In': Kenya's EPZ Ambitions
In a bid to boost foreign investment and meet targets to increase employment, lower the cost of living, secure livelihoods and bolster foreign exchange earnings, the Kenyan government has introduced several new zones for investors to make in Kenya, and sell elsewhere. FORBES AFRICA reports.
4 mins
Impact & Investment: A Wealth Of Opportunities On The Continent
Q. | How much has Kuramo Capital driven in catalytic capital and what is its presence in Africa?
3 mins
'More Of A Humble Curator, Amplifying Africa's Voice'
Kenya’s Prime Cabinet Secretary and Cabinet Secretary For Foreign Diaspora Affairs, Dr Musalia Mudavadi, spoke exclusively to FORBES AFRICA on the country’s achievements and the road ahead as it prepares to celebrate its 60th birthday in December.
6 mins
Hands-On Learning
Roushanna Gray uses food and ecology as a medium to impart knowledge on the rich biodiversity of South Africa’s edible land and seascapes.
2 mins
ROAD to the TROPHY
South Africa’s record fourth World Cup title was a seminal moment for the game in the country and highlighted the huge strides forward rugby has made in igniting a passion for the game among supporters of all races.
6 mins
Will Women Be Safe In The Metaverse?
The hype around the development of the metaverse, an immersive digital space that will take real-world experiences online and blur the line between physical and virtual, is palpable.
4 mins
The Big Backroom Boom
There's an intimate story on these pages. Of life in Johannesburg's suburban sprawls; the moody and mighty townships that thrive from dawn to dusk, bearing within them the dreams and secrets of a city on its way up, never failing to look at itself, into its beaten soul and the great backstories of survival. The billion-dollar-plus backyard rental industry is one such, making room for hope and dignity where there often is none.
10+ mins
Bond Ballers
Morocco-born vulture investor Marc Lasry and his sister Sonia Gardner have made their investors billions buying debt and other troubled interest-bearing obligations, such as tax liens. Now they’ve set their sights on sports, looking for value in unexpected places like Major League Pickleball and the NBA’s Africa league.
6 mins
Fashioning Business
Ghanaian entrepreneur Alima Bello, the founder of Bello Edu, would have been toiling away in a greasy oil seed factory had she not chosen to ignite her passion for contemporary fashion design.
4 mins
The Wealth CREATOR
Subomi Plumptre is one of the few female African CEOs in asset management on the continent focusing on empowering middle-class. Africans through investment solutions and unlocking prosperity.
5 mins
In Its Own Sweet Time
Sprouting with possibilities but marred by uncertainties, South Africa’s sugar sector has seen rough patches over the past few years. But the industry has growth prospects and is pushingnfor sustainability and innovation.
8 mins
The Growth Strategist
IN OCTOBER 2023, WHEN AFREXIMBANK CELEBRATED ITS 30TH ANNIVERSARY, IT ALSO MARKED PROF. BENEDICT O. ORAMAH'S ALMOST THREE-DECADE-OLD CAREER WITH THE BANK. AS ITS PRESIDENT SINCE 2015, HE HAS SPEARHEADED INITIATIVES TO PROMOTE, FACILITATE AND FINANCE INTRA-AFRICA AND EXTRAAFRICA TRADE, IN THE PROCESS FOSTERING GLOBAL COLLABORATIONS, AND CEMENTING THE CONTINENT'S DEVELOPMENT FUTURE. MEET FORBES AFRICA'S 2023 PERSON OF THE YEAR.
10+ mins
CSR Initiatives And A Birthday Bonanza Worth Over $400,000
This year Choppies, through its annual Big Birthday Bonanza competition, and its partners will give away P6 million (approximately $446,000) worth of prizes to its customers with the ultimate grand prize being the Mercedes-Benz C200 sedan in celebration of its 20 years of bonanza.
3 mins
BETWEEN SOLIDARITY AND CONDEMNATION
Amidst a complex spectrum of opinions, South Africa recalls its diplomatic corps from Israel in a stern response to the Gaza ground invasion, as debates surrounding apartheid analogies and proposed solutions intensify.
6 mins
Staying In The Loop - How A South African Tech Startup Is Leveraging Google Cloud To Optimize Its Processes
Have you ever heard of the ‘last mile’ in logistics?
5 mins
'A World Where The Mighty Prevail And Suffering Will Be Forgotten'
Over our lifetime, we all come to believe that evolution creates the need for adaptation.
7 mins
History, Identity, Imagination
An exhibition of contemporary African photography is on at the Tate Modern in London. This writer left not with a sense of a completed narrative, but with a feeling of energized possibility, and the rush of discovering fresh, reconfigured horizons.
4 mins
Forbes Africa Magazine Description:
Publisher: ABN Publishing
Category: Business
Language: English
Frequency: 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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