Forbes Africa

Forbes Africa serves as the insightful commentator on business matters across the continent. The magazine guides its readers in making connections, identifying trends, and gaining deeper insights, offering them a fresh viewpoint. By examining both global and local topics through an African lens, it presents compelling, well-researched stories that captivate and inform its audience.

International, Trade/B2B

English

Magazine

Outlet metrics

Domain Authority

Ranking

Global

#501326

Nigeria

#15825

Articles

From Tracking Better Sleep To Payments, Smart Rings Are Ringing In Change In South Africa’s Wearable Tech Space

6 days ago | forbesafrica.com | Nafisa Akabor

The wearable tech space is transforming with smart rings emerging as a promising new category since the release of the Samsung Galaxy Ring. The smart ring arrived in South Africa in April with a price tag of ZAR8,000 ($438), making it the first mainstream launch by a smartphone brand. It is reported that the South Korean smartphone maker had to increase production from 400,000 units to 1 million, based on pre-order numbers.
Nigeria, Ghana Among Beneficiaries Of New $500 Million Fund Targeting Maternal And Newborn Survival

1 week ago | forbesafrica.com | Oluwatomisin Amokeoja

For countries like Nigeria—the continent’s most populous nation—and Ghana, which has made notable progress in maternal health but still struggles with regional disparities, such funds are crucial. A new alliance has launched the Beginnings Fund, a $500 million initiative aiming to reduce maternal and newborn deaths across Africa. Over the next five years, the Fund will invest in up to 10 African countries: Nigeria, Ghana, Ethiopia, Kenya, Malawi, Lesotho, Rwanda, Tanzania, Uganda, and Zimbabwe.
Africa’s Richest Man To More Than Double Ghana’s Publicly Irrigated Farmland With New Sugar Project

1 week ago | forbesafrica.com | Oluwatomisin Amokeoja

Aliko Dangote, Africa’s richest man, recently announced the launch of a large-scale sugar refinery in Ghana that is set to more than double the country’s formally irrigated farmland through a single initiative. The Dangote Sugar Refinery, located in Kwame-Danso in Ghana’s Bono Region, will reportedly bring 25,000 hectares of farmland under irrigation to support industrial-scale sugarcane cultivation.
CEO Strategies: Satya Nadella On Reconceptualizing What The Web Looks Like

2 weeks ago | forbesafrica.com | Chanel Retief

As the head of one of the world’s biggest tech giants, celebrating its golden anniversary, CEO, Satya Nadella shares his vision on reinvention, AI, and why relevance trumps longevity. Read on for the facts changing our world now. At 50, Microsoft stands as one of tech’s most enduring success stories. But Satya Nadella, only the third CEO in the company’s history, isn’t interested in looking back. His focus remains squarely on what’s next for the $3-trillion giant.
The Tide Is Turning’: Private Capital Looks To Nigeria Again As Economy Rekindles Investor Interest

2 weeks ago | forbesafrica.com | Oluwatomisin Amokeoja

After a turbulent period involving economic and geopolitical headwinds, investors are gradually rediscovering the country as a promising destination. While challenges remain, fund managers from across the venture capital, private equity, and infrastructure spheres indicate that Nigeria is again ripe for strategic capital deployment.
Nigeria's Race To Save The Guardians Of The Forest

2 weeks ago | forbesafrica.com | Oluwatomisin Amokeoja

The country’s efforts to protect the pangolin–trafficked for its high market value–are being watched closely, on the global stage. If successful, it could become a model for conservation in Africa, proving that even the most entrenched illegal trades can be dismantled. Mark Ofua vividly remembers the moment he met Ireti. It was in a crowded bushmeat market in Epe, on the outskirts of Nigeria’s commercial capital, Lagos, six years ago.
We Are Not Performative About Our Work’: A Full Circle Moment For Times100 Honoree

2 weeks ago | forbesafrica.com | Chanel Retief

Angeline (Angie) Murimirwa is a champion of girls’ education on the African continent—a cause the recently-honored CEO is deeply passionate about, having once been a girl almost “left behind”. “I am here in New York, Time100list,” Angie Murimirwa says in a sit-down interview on Zoom with FORBES AFRICA.
Gold’s Resurgence Could Signal Deeper Currency Pressures For African Economies

2 weeks ago | forbesafrica.com | Oluwatomisin Amokeoja

With the commodity maintaining its status as a safe-haven asset amid economic uncertainty, the stakes are high for African economies—especially those heavily reliant on commodities or with currencies pegged, informally, to the U.S. dollar. Gold prices rebounded on Thursday, recovering from a sharp midweek drop as global investors seemingly reevaluated various factors relating to U.S. trade policy, inflation, and monetary tightening.
‘Customers Have Always Been Our Biggest Advocates ’: South African Fintech Seeks To Bolster Online Payments Suite

3 weeks ago | forbesafrica.com | Chanel Retief

Stitch is one of the latest startups to secure backing from major international firms as global investor appetite for African fintechs continues to rise. South Africa-based company, Stitch announced a $55 million Series B funding round, which will enable it to deepen and expand its in-person payments offering, move into the acquiring space, and further bolster its online payments suite.
South Africa's Townships As The Cool New Hubs Of Innovation

3 weeks ago | forbesafrica.com | Chanel Retief

The township economy in South Africa contributes almost 6% to the country’s GDP. At the epicenter of this growth are the innovation hubs, breaking the barriers for aspiring entrepreneurs and creating a new wave of economic transformation in historically underserved communities. Located just 30km north of South Africa’s administrative capital Pretoria is Soshanguve, a township known for its vibrant Bacardi dance scene and Se Pitori (Pretorian Sotho) language.