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.
LEVERAGING TECHNOLOGY TO MAKE FINANCIAL INCLUSION COUNT • Renmoney’s Chief Executive Officer, Oluwatobi Boshoro, discusses how the company is betting on technology to drive access to credit for underbanked individuals and small businesses in Nigeria.
THE CHEMIST WHO EMPOWERED NIGERIAN WOMEN TO EXPRESS THEIR UNIQUE SENSE OF STYLE • Chika Ikenga is the Group Managing Director of Recare, manufacturers of Natures Gentle Touch, the leading personal style brand in Nigeria; and Hairsavvy, competing successfully in South Africa’s natural hair care market.
NOSTALGIA TO TAKE YOU FORWARD
OUR BEAUTIFUL CONTINENT
THE BIG BANK THEORY • Three bankers who are shaping how banking will look in the next five years — one runs the new kid on the block; the other a bank that has risen from the ashes; the third is spearheading a traditional bank’s transformation in 11 African countries. A glimpse into the future of banking.
THE ‘X’ FACTOR: THE VIBE OF DEMOCRACY • On these pages, FORBES AFRICA’s photojournalists immortalize the tension and elation of the South African elections in May that saw the African National Congress win for the sixth time since 1994.
THUMBS UP IN VIBRANT YEOVILLE
ST JOHN’S SIXTH FORM: AN EXCITING WAY TO LEARN
SHOPPING FOR IDEAS • Players, big and small, in Nigeria’s retail industry have no option but to adopt a raft of disruptive technologies to stay relevant in the big, booming demography.
THE BOOKSTORE THAT ERUPTED LIKE A VOLCANO • A gargantuan eight-storey second-hand bookstore in the heart of downtown Johannesburg, not far from the city’s hipster havens, has for over four decades stocked nostalgia and hidden treasures on its shelves. FORBES AFRICA stepped into the time capsule that is the Collectors Treasury.
BROKERS BEGONE • Two industry outsiders are using AI and do-good marketing to make the centuries-old property insurance business millennial-friendly — and make themselves rich.
REWRITING THE NEWS ON AFRICA • African media can reverse the downward spiral affecting newsrooms across the continent, says APO Group chairman, Nicolas Pompigne-Mognard.
CONTENT IS QUEEN • Linda Ikeji is raking in millions as a blogger. Next up: to create the Netflix of Africa.
MAKING UP FOR MILLIONS • While a growing number of influencers are dictating what brands sell, beauty entrepreneur Jackie Aina is of the view they have the duty to use their platforms responsibly.
PLAID SAILING • The new favorite way of adding a little edge to your work wardrobe – plaid pants.
PAIN, POISON AND POTENTIAL • For a man who wanted to end his life at one time, it is quite ironic that Steve Harris is today one of Nigeria’s most successful life and business strategists.
DOING MORE WITH LESS • From waste to wealth, circular economic models go beyond the ‘take-make-dispose’ principle to ensure more sustainable supply chains and products that have a second life.
THE WAR ON PLASTIC STRAWS • Coffee shops are turning to glass and paper as alternative sipping options, with some restaurants even offering tubes of pasta as
THE NEXT BIG MARKET • The growth of Nigeria as a funding destination can be attributed to fintech, with huge swathes of the population unbanked or at least underbanked, and investors seeing opportunities in tech-based payments.
THREE HEAVY GRAMMYS AND A WORLD SINGING THEIR PRAISE • Songs...