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.
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Global
#416550
Nigeria
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Articles
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1 week ago |
forbesafrica.com | Chanel Retief
For Morongwe Mokone, what started as a side hustle has become a story of note, not just locally but in the global market as well. Similar to fast fashion, ‘fast furniture’ can also have a dire effect on the planet. While there hasn’t been enough conversation around it, people like Morongwe ‘Mo’ Mokone are looking to change that. As the co-founder of Mo’s Crib, a company which she started with her sister, Michelle, Mokone built her home décor and design company with sustainability in mind.
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1 week ago |
forbesafrica.com | Oluwatomisin Amokeoja
This rating change follows a similar move by S&P Global Ratings in May, which revised Ghana’s long-term foreign currency rating to CCC+ from selective default, noting improvement in creditworthiness as the debt overhaul nears completion. Fitch Ratings has upgraded Ghana’s long-term foreign-currency issuer default rating to ‘B-’ from restricted default, citing the country’s progress in normalizing relations with the majority of its external commercial creditors.
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2 weeks ago |
forbesafrica.com | Oluwatomisin Amokeoja
The southern African country of about three million people is not only the continent’s top performer but also the only African nation to break into the top 10 worldwide, a milestone fueled by its unprecedented leadership configuration. Namibia is Africa’s most gender-equal economy, closing 81.1% of its gender gap and ranking eighth globally in the World Economic Forum’s (WEF) Global Gender Gap Report 2025.
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2 weeks ago |
forbesafrica.com | Chanel Retief
Africa’s music industry continues to witness unprecedented global growth, driven by the growing appeal of homegrown genres such as Afrobeats and Amapiano. According to 2024 streaming data, Afrobeats recorded a 28% increase in global listenership, with a 114% boom in consumption across sub-Saharan Africa (SSA). Specifically, global listeners spent over 1.1 million hours listening to Nigerian artists and created around 250 million playlists featuring them.
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2 weeks ago |
forbesafrica.com | Oluwatomisin Amokeoja
Nigeria’s democracy, now in its third decade, has endured, but the consensus among analysts and entrepreneurs is that survival is not the same as success. Nigeria marks 26 years since the end of military rule today with a mixture of celebration and introspection, as government officials and private sector voices reflect on the gains of democracy, and the distance yet to travel.
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