Forbes Africa - February - March 2023

In this issue

Our coverage of Africa's wealthiest continues, as we bring you the continent’s billionaire movers and shakers: also look who has made a comeback on the 2o23 list! In what was a defining 2022, how did the continent’s industry titans move the needle of development? Who were the winners, who were the losers, and whose billions fell away? The February-March 2023 edition of FORBES AFRICA is also a must-buy for young leaders looking to the older cohorts for inspiration and advice. There's plenty of it in this issue, as we introduce FORBES AFRICA’s 50 Over 50 list – our first-time compilation of 50 women over the age of 50 scaling newer heights and inspiring the next cadre of leadership on the African continent. From business tycoons to technocrats, founders to CEOs, and activists to entertainers, they have broken barriers throughout their impactful careers and tell us how. They are either making history or writing it. My other personal favorite in this issue is the story on how record numbers of women are learning to use firearms in crime-riddled South Africa. Training starts with the legalities of owning a firearm, which to most, is probably the most effective tool to disarm attackers, and also an introduction to the sport of shooting. Also in this issue, some path-breaking entrepreneurs in precision healthcare, like the good doctor from Rwanda with an eye for AI. All this and more in this landmark February-March 2023 edition of FORBES AFRICA!

From Coalitions To Currencies To Celebration, Thoughts On The Continent

When I was packing my bags W to leave South Africa at the end of November 2022, the country was going through political lobbying and hobnobbing that seemed to be far more fragmented than I had witnessed from my first visit in 2004.

6 mins

From The Alps: Cost, Climate And Conflict

The small, snow-capped town of Davos, Switzerland, witnessed freezing temperatures and heated debates in January. At this year’s World Economic Forum (WEF) in Davos, themed Cooperation in a Fragmented World, more than 500 CEOs of the world’s biggest firms attended alongside A-list celebrities such as Idris Elba with his wife Sabrina, and social media influencers, promoting a diverse mix of thought-leaders and thinkers.

2 mins

50 Over 50 – Success At Every Age

Introducing Forbes Africa's 50 Over 50 List - Our first-ever compilation of 50 women over the age of 50 scaling newer heights and inspiring the next cadre of leadership on the african continent. Age is just a number for them and retirement not an option or the end of the road, as they continue to power their way into history books and the hearts of africans. From business tycoons to technocrats, founders to C-suite executives, and activists to entertainers, they have broken barriers throughout their impactful careers, and taken up spaces to ensure others have a voice in those very spaces and beyond. Read on: the senior-most change-maker on this list is 98 and still unstoppable!

10+ mins

Digital Payments Ignite A New Era Of Hope For SMEs In Kenya

Shehryar Ali, Country Manager for East Africa at Mastercard shares his thoughts on SME recovery in a post-pandemic world.

3 mins

MEGAN THEE INVINCIBLE

IT SEEMS THAT NOTHING CAN STOP HIP-HOP SUPERSTAR MEGAN THEE STALLION FROM BUILDING AN EMPIRE WORTHY OF HER ROLE MODEL, BEYONCÉ. THE MUSIC BUSINESS IS A KILLER - BUT SHE HAS ALREADY SURVIVED THE DEATH OF HER MOTHER, AN ARMY OF HATERS AND MOST RECENTLY A BLING RING-STYLE ROBBERY.

5 mins

Clean Energy's Wild Ride

Two decades ago, Robert Wilder quit a comfy job teaching environmental sciences to bet on exotic fuels. He might make you rich if you can handle the risk.

4 mins

The Icons And Ideas SHAPING AFRICA

The eighth instalment of the much-awaited FORBES WOMAN AFRICA Leading Women Summit will be on March 8, honoring International Women’s Day, as an in-person event at the SunBet Arena, Time Square, in Pretoria, South Africa.

2 mins

The Good Doctor With An Eye For Al

Precision healthcare is growing exponentially due to the application of Al in oncology. MedTech entrepreneur Dr Kingsley Ndoh is leading in this regard from Rwanda, helping oncologists and their patients in sub-Saharan Africa.

4 mins

Strengthening Production And Export In Gauteng

Enhancing Industrial Development One Precinct At A Time: The OR Tambo SEZ Vision

3 mins

Cars With Feelings

The latest in automotive technology that's rolling out, even cars with facial expressions and that you can talk to.

4 mins

BIG DATA BIGGER MOVIES

Does the future of the film industry sit in the cloud?

4 mins

Re-Telling The African Story

Africa is now reclaiming its own stories, and harnessing generations of storytelling craft to reconfigure the ways in which it is represented and perceived.

4 mins

WOMEN AND GUNS: Fear, Fury And Fire

With pounding hearts but eyes firmly on target, record numbers of women are learning to use firearms in crime-riddled South Africa. Training starts with the legalities of owning a firearm, which to most, is probably the most effective tool to disarm attackers, and also an introduction to the sport of shooting.

5 mins

Cage Competitors

Blood and bruises, sweat and fury. Mixed martial arts is gaining popularity in South Africa with home-grown talent fighting to find their place in the continent and beyond.

5 mins

Building Africa's Digital Payments Infrastructure: THE PATH TO ECONOMIC GROWTH

The adoption of digital payments by businesses plays a pivotal role in transforming Africa’s economy. Cellulant is focused on empowering global and local businesses operating in Africa with the ability to accept and make payments seamlessly via its unparalleled payment network.

3 mins

Africa’s Just Transition Into Green Energy

Standard Bank’s climate policy aims to reach net-zero carbon emissions for its new facilities by 2030, its existing operations by 2040, and its portfolio of financed emissions by 2050. Kenny Fihla, CEO of Standard Bank Corporate and Investment Banking, expands on this.

3 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.