Forbes Africa

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.

Forbes Africa

Keeping An AI On The Future

IDRIS ELBA’S SMART PROJECT TO UNLOCK POTENTIAL IN SIERRA LEONE

THE NEW CAPITAL OF CAPITAL • DRIVEN BY AMBITION AND POWERED BY ARTIFICIAL INTELLIGENCE, FINTECH STARTUPS IN WEST AFRICA ARE ATTRACTING MORE INVESTOR INTEREST AND SECURING MILLIONS IN FUNDING—PROPELLING THE CONTINENT TOWARD RAPID DIGITALIZATION, ECONOMIC GROWTH, AND THE WIDESPREAD DEMOCRATIZATION OF FINANCIAL SERVICES.

FINTECHS RISING ACROSS AFRICA

TIMELINE: FINTECH MILESTONES IN WEST AFRICA

OLA OYETAYO

SOMTO IFEZUE

TOSIN ENIOLORUNDA

AYOTUNDE ALABI

ADEWOLE ADEDEJI

UNICORNS

SOONICORNS

DECACORNS

IFELADE AYODELE

CHIKA NWOSU

DARE OKOUDJOU

‘MAKE IT AS SIMPLISTIC AS POSSIBLE, AND THAT FORCES YOU TO BE INNOVATIVE’ • GERRIE FOURIE, WHO HAS BEEN ON THE CAPITEC MANAGEMENT TEAM FOR OVER 25 YEARS, RETIRED AS CEO ON JULY 18. HAVING LED THE BANK THROUGH NOTABLE, CHALLENGING PERIODS AND ON TO GROWTH, CEMENTING IT AS A MAJOR PLAYER IN THE SOUTH AFRICAN FINANCIAL LANDSCAPE, HE SPEAKS TO FORBES AFRICA ABOUT HIS LEADERSHIP STRATEGIES, LEGACY AND WHAT HE PLANS ON DOING NEXT.

BEATS, BUSINESS AND A BRIDGE TO AFRICA • SINCE LAUNCHING IN 2012, RECORD LABEL LVRN (LOVE RENAISSANCE) HAS GONE FROM A SMALL BOUTIQUE IN ATLANTA, TO A LABEL THAT REPRESENTS ARTISTS GLOBALLY. FURTHER EXPANDING ON THE AFRICAN CONTINENT, AND SECURING INVESTMENTS, CEO AND CO-FOUNDER TUNDE BALOGUN SAYS IT’S NOW NOT JUST A BUSINESS BUT A CULTURAL MISSION.

AFRICA REFRAMED • IN A NEW 12-PART FILM SERIES COMMISSIONED BY THE METROPOLITAN MUSEUM OF ART AND THE WORLD MONUMENTS FUND, ETHIOPIAN-AMERICAN FILMMAKER SOSENA SOLOMON JOURNEYS ACROSS AFRICA TO CAPTURE THE CONTINENT’S RICH CULTURAL HERITAGE AND THROUGH THE EYES OF THOSE WHO PROTECT IT.

Foreword

Connecting For A Better Future

A Major Milestone Realized In Ongoing Strategy To Achieve Emissions Target • VODACOM GROUP NOW PROCURES 100% OF ITS PURCHASED ELECTRICITY FROM RENEWABLE SOURCES, MAKING IT THE FIRST MULTI-NATIONAL TELECOMS OPERATOR ON THE CONTINENT TO REACH THIS GOAL. IT REFLECTS THE TELCO’S EFFORTS TO DECARBONIZE, AS PART OF ITS PURPOSE-LED COMMITMENT TO PROTECT THE PLANET.

Pioneering Solar Technology To Power A Net-Zero Future • VODAFONE EGYPT IS TRANSFORMING TELECOM INFRASTRUCTURE WITH INNOVATIVE SOLAR TECHNOLOGIES WHILE PROGRESSING NET-ZERO EMISSIONS IN THE INDUSTRY.

Smart Solutions For Water Security • THROUGH SMART TECHNOLOGY AND STRATEGIC PARTNERSHIPS, VODACOM IS HELPING SOUTH AFRICAN MUNICIPALITIES TURN THE TIDE ON WATER LOSS AND BUILD A MORE SECURE, SUSTAINABLE FUTURE.

Planting Seeds Of Change To Reduce Emissions In Mozambique • MANGROVES ARE NATURE’S FRONTLINE DEFENDERS AGAINST CLIMATE CHANGE AND, IN MOZAMBIQUE, VODACOM IS SUPPORTING THE RESTORATION OF THESE ECOSYSTEMS TO HELP SAFEGUARD THE PLANET’S FUTURE.

A Digital Lifeline For Farmers In Tanzania • VODACOM’S M-KULIMA USES MOBILE TECHNOLOGY AND DIGITAL PLATFORMS TO EMPOWER SMALLHOLDER FARMERS IN THE EAST AFRICAN NATION WITH REAL-TIME INFORMATION, ACCESS TO FINANCIAL SERVICES, AND MARKET CONNECTIONS TO BOOST PRODUCTIVITY AND BUILD RESILIENCE.

Connecting Underserved Communities Through Affordable Smartphones • INCREASING THIS ACCESSIBILITY IS KEY TO BRIDGING AFRICA’S DIGITAL DIVIDE. INNOVATIVE SOLUTIONS LIKE VODACOM MOZAMBIQUE’S POUKO POUKO ARE HELPING TO ADDRESS THE GAP BY DRIVING INCLUSION, PARTICULARLY FOR WOMEN.

Empowering South...