Insights

The Future is Digital – But Most African Businesses Risk Falling Behind

  • 58% of African companies rate their digital skills as below average vs global peers (McKinsey)
  • Africa expected to lose 6-8% of GDP by not digitizing faster (World Bank)
  • Only 29% of African firms are currently implementing AI solutions to drive growth (Omdena AI Survey)
  • Companies investing in digital skills and tech see 26% higher productivity on average (Stanford Study)

Turning Data and AI into Real Business Value Remains a Challenge

  • 80% of African executives say they are not achieving full value from data analytics (PWC)
  • Only 46% of employees have access to usable, accurate data to do their jobs (Forrester)
  • Basic digital/data literacy remains low at many African companies
  • Firms that build AI expertise and data-driven cultures see 32% higher profit margins (MIT)

Leadership Capability Gaps Are Blocking Progress

  • Only 38% of companies believe their leaders have right skills for the future (Deloitte)
  • 28% of employees have left a job due to poor management (Randstad)
  • Leadership lacking vision and digital/innovation mindset ranked among top obstacles to transformation (KPMG)
  • Strong leadership development correlates to 57% greater team engagement on average (Gallup)

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