Forbes Africa Magazine - April - May 2024

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!

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

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

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

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

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

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

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

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

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

Rwandan Mining Regulator Unveils Three-Year Mineral Exploration Campaign

A holistic approach to responsible mineral resource management in the country.

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

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

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

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

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

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

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Forbes Africa Magazine Description:

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.