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2020-04-01 Forbes Africa PDF

102 Pages·2020·32.16 MB·English
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AN COMPANY Keitumetsi Qhali Thobo Khathola Shamim Nabuuma Kaliisa Paul Makaya SPECIAL ISSUE 30 Under 30 www.forbesafrica.com South Africa ZAR R59.00 | Nigeria NGN 1,200 | Ghana GHC 15 | Kenya KES 561 | Tanzania TSZ 10,230 | Uganda UGX 16,610 | Zimbabwe USD 4,95 | Mauritius MUR 143 | Botswana BWP 53 | Namibia NAD 59 | Rwanda RWF 3960 | Zambia K 79 | Swaziland SZL 59 | Malawi MWK 3,800 AFRICA APRIL 2020 • VOLUME 10 NUMBER 3 CONTENTS FORBES AFRICA COVER STORY FOCUS Cover image by Motlabana Monnakgotla 22 | Leading The Charge As 2020 ushers in a new decade and a new set of daunting challenges for the world – climate change, the coronavirus – it’s all the more imperative that the world’s youngest continent rises to the crises and sees opportunities where there are none. These are the men and women forging ahead with credible, creative and profound strategies to shape our tomorrows. Celebrating six years of the FORBES AFRICA 30 Under 30 list, they are the continent’s revolutionary thinkers revitalizing ideas and industries with fresh business models and innovative leadership. By Karen Mwendera 08 | EDITOR’S NOTE Renuka Methil 10 | PUBLISHER’S NOTE Rakesh Wahi 12 | LEADERBOARD 16 | Testing Times For Africa’s two biggest economies already suffering ailing growth, Covid-19 has checked in at a vulnerable time. By Godfrey Mutizwa 18 | How To Prepare Your Business For The Contagion With stock markets in steep decline, countries in quarantine, and cases of Covid-19 rapidly spreading around the globe, businesses have no choice but to prepare for this raging pandemic. By Samantha Steele 20 | Hands-On Approach The hygiene industry has received a shot in the arm with the recent pandemic. With emptying retail shelves, small business is also coming to the aid with innovative sanitizing ideas. By Motlabana Monnakgotla APRIL 2020 FORBES AFRICA | 1 FORBESAFRICA.COM • VOLUME 10 NUMBER 3 CONTENTS FORBES AFRICA APRIL 2020 FORBES AFRICA | 3 FORBESAFRICA.COM SPORT CONTRARIAN ENTREPRENEURS LIFE 70 | Cleaning Up Yaakoub Hijazi quit college to save his late father’s faltering laundry business. Nine years later, he’s proven that there’s still good money to be made in a low-tech service business. By Amy Feldman 60 | The James Bond Of Burgundy Winemaker Jean-Charles Boisset has stealthily built a $450 million oenological empire in France and California one strug- gling vineyard at a time — and uncorked a lascivious secret-agent persona. By Chloe Sorvino 56 | Nerves Of Steel Self-made Ghanaian entrepreneur Nana Kwame Bediako bought his first car by age 16 and made a million pounds in the United Kingdom before he turned 21. The fearless, unabashedly ambitious property tycoon is now on a mission to transform Accra’s skyline. By Peace Hyde 66 | The $600 That Sparked A Telecom Trade Tech entrepreneur Mandla Ngcobo dabbled in everything from poultry farming to sell- ing airtime and electricity, until he found his niche in telecom – and his connections are growing. By Motlabana Monnakgotla 58 | Red Riches Assumpta Uwamariya makes wine out of beetroot and has become a sparkling role model for other Rwandan women. By Steven Muvunyi 80 | The Art Of Survival Textile artist Nike Davies-Okundaye worked as a construction laborer and carried water and firewood to survive. The art of adire gave her global fame and she is now educating generations of women in Nigeria. By Peace Hyde 88 | A Wine Town And A Billionaire’s Game Newly-formed Stellenbosch FC, backed by South African billionaire Johann Rupert to create a professional game for youngsters in the winelands, have lofty ambitions to become one of the biggest footballing brands in South Africa. By Nick Said 90 | The Ascent Of A New Sport The Tokyo 2020 Olympic Games is only three months away, even as the corona- virus threatens to disrupt it. If it goes ahead, the Games will debut a new event called sport climbing, which is slowly gaining ground in Africa. By Nick Said 90 56 80 • VOLUME 10 NUMBER 3 4 | FORBES AFRICA APRIL 2020 FORBESAFRICA.COM CONTENTS FORBES AFRICA DISTRIBUTORS: Also available at additional outlets. For further information on where you can find FORBES AFRICA, please contact: Southern Africa:

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