Business leaders and economists called for increased technology adoption and capital mobilization to help African businesses scale during a recent conference [1].
These efforts are seen as critical for sustainable growth across the continent. By leveraging the African Continental Free Trade Area, leaders aim to remove barriers that prevent local companies from expanding into regional markets.
The two-day event [2], themed "Built in Africa: Amplifying Continental Growth" [3], focused on the necessity of regional integration. Attendees discussed how aligning policy and investment can create a more cohesive economic environment for entrepreneurs and established firms alike.
Economists at the event said that technology adoption is a primary driver for unlocking business expansion [1]. The integration of digital tools is expected to streamline trade and reduce the costs associated with cross-border operations.
However, the path to scaling is not without obstacles. While the conference highlighted the potential for growth, other analysts have noted that certain regions face policy gaps. For example, reports suggest South Africa risks losing its status as a leading startup destination if necessary policy reforms are not implemented [1].
Despite these concerns, the consensus among participants remained focused on the mobilization of capital. Leaders said that increasing available investment is the only way to ensure that African-built companies can compete on a global scale and sustain long-term development [1].
“Technology adoption and capital mobilisation are essential for scaling African businesses.”
The emphasis on the African Continental Free Trade Area suggests a strategic shift toward internal reliance and intra-continental trade. While the 2026 conference highlights a roadmap for growth through tech and capital, the tension between optimistic growth projections and the reality of policy stagnation in hubs like South Africa indicates that legislative reform must keep pace with private sector ambition to avoid stalling the momentum.
