Business leaders, investors and policymakers gathered at the Africa CEO Forum in Kigali are calling for stronger regional integration, faster investment flows and a greater private sector role in driving Africa’s economic transformation.
Hosted in Rwanda’s capital, the forum has become a key platform for discussions on how African economies can become more self-reliant amid global economic uncertainty. Delegates stressed that innovation, entrepreneurship and collaboration between governments and businesses are critical to unlocking the continent’s growth potential.
Rwanda’s President Paul Kagame urged African leaders and business executives to take responsibility for shaping the continent’s future.
“Each one of the people in this room and beyond have something to contribute and to benefit from the continent,” Kagame said, adding that Africa still has untapped resources and opportunities that must be fully utilised.
A major focus at the forum is youth unemployment and the growing role of technology-driven industries. Business leaders say Africa’s young population is poised to reshape the economy through start-ups, artificial intelligence and digital innovation.
South Africa’s B20 Sherpa, Cas Coovadia, said governments and the private sector must create opportunities that allow young entrepreneurs to thrive in a rapidly evolving business environment.
Small and Medium Enterprises (SMEs) also remain central to discussions, with executives highlighting the need for sustainable support systems beyond traditional financing.
Kapumpe Chola said SMEs require technical expertise, market access and long-term development support to scale successfully and contribute meaningfully to economic growth.
The forum reflects a growing push for Africa to chart its own economic path by strengthening partnerships between governments and the private sector while accelerating inclusive and sustainable development across the continent.