Forbes Africa - August - September 2020
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August - September 2020 issue Digital Access. - Magazine Details
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In this issue
The August/September 2020 issue of FORBES AFRICA offers lessons on entrepreneurship from the man who created a pioneering East African bank taking it to billion-dollar success. James Mwangi talks about the ‘The Mwangi Model’ of progress and inclusion and the resilience needed to run a business in the current economic downturn. He shares more tips for success for young entrepreneurs. Also in this issue, more stories on how Covid-19 is impacting Africa. As we celebrate Women’s Month in South Africa in August, we also ask the question ‘Is Covid-19 a gender pandemic’ as it continues to exacerbate inequalities. We then go over to Los Angeles to speak with the mother of one of the richest men on the planet. Maye Musk, whose son is South African-born tech billionaire Elon Musk, is a supermodel and author with a new book. She shares insights on Elon’s Mars ventures and how she raised three successful children. Also in this issue, more from East Africa, including all the new digital developments and innovations coming out of Tanzania and Rwanda. How is tourism reawakening in the hill country? Also read up on how Pfizer is fast-tracking its Covid-19 vaccine for the world. All this and more with our regular features including profiles and Q&As; with corporate titans from around the world.
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The $30 Billion Kitty
The standard playbook in private equity is to borrow, buy and cut costs ruthlessly. But a massive windfall from investments in PetSmart and Chewy has taught BC Partners’ Raymond Svider that sometimes, doubling down on risks is a better option.
African Of The Year
NANA AKUFO-ADDO, GHANA’S PRESIDENT, HAS REPOSITIONED THE COUNTRY IN THE GLOBAL MARKETPLACE AS ONE RELIANT ON ITS OWN RESOURCES AND STRENGTHS. HE IS REDEFINING ECONOMIC DEVELOPMENT AND IT’S RESONATING ACROSS AFRICA. IN AN EXCLUSIVE INTERVIEW WITH FORBES AFRICA, HE DWELLS ON THE NEW FOCUS OF THE WEST AFRICAN NATION THAT HAS IN RECENT YEARS CONSISTENTLY BEEN ONE OF THE WORLD’S FASTEST-GROWING ECONOMIES.
Appetite For Business
Starting with just $45, Ghanaian entrepreneur Violet Amoabeng’s startup has progressed with skincare products you can eat and the unpalatable realization that the only way to make it in business is to crash, break, stretch and succeed.
Electric Dreams: East Africa On The Move
Electric Vehicles (EV) are fast becoming a mainstay of daily commutes around the world. From battery-powered vehicles to electric public buses, we are on the precipice of a revolution in the automotive industry. Africa is not excluded in this new movement with burgeoning sectors looking to change the way African cities move – and breathe! FORBES AFRICA looks at how the EV market is moving in East Africa.
The Future In Motion
The six-month Expo 2020 bringing together 192 countries to Dubai that opened on October 1 is exploring opportunities for partnerships between Africa and the Middle East. Get a load of barista bots that make coffee and tell jokes, do calligraphy or tai-chi, and ones that bring Beethoven’s work to life through performance.
The Anti-Amazon
Josh Silverman is using cutting-edge technology and an army of 5 million artisan-entrepreneurs to transform ETSY from a hippie flea market into a Wall Street hero—without losing its soul.
The Together Man In Regional Cinema
At the cornerstone of contemporary Swahili cinema, Tanzanian filmmaker Amil Shivji is adamant about telling stories of contrast and community and promoting local talent.
‘I Haven't Seen A Day Of Peace In My Life'
Faced with an uncertain present, women and girls in Afghanistan hope the new Taliban regime will ease the restrictions on them and that the international community will intervene. For now, their only option is to stay strong and reconcile their dreams with the current reality.
Change Is Brewing
Coffee shops were amongst the biggest casualties of the Covid-19 pandemic. Yet, while the café industry suffered, coffee itself was able to survive with consumers attempting to emulate the cups they craved.
Future Of The Cannabis Market In Africa
With the cannabis economy gradually opening up in Africa, leading players talk about the commercial opportunities as also the consumer and patient wellness it offers. What are the barriers to building something new from the ground up in this space?
