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Africa’s business leaders push for growth that stays on the continent

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Africa’s business leaders push for growth that stays on the continent

At Unstoppable Africa 2026, leaders moved beyond the conversation on Africa’s potential to highlight investments, partnerships and initiatives that are already creating jobs, infrastructure, technology and opportunities for young people
2026-09-24
Amina Mohammed, Deputy-Secretary-General of the United Nations and Sanda Ojiambo, Assistant-Secretary General and CEO of UN Global Compact, close Unstoppable Africa 2026.
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Amina Mohammed, Deputy-Secretary-General of the United Nations and Sanda Ojiambo, Assistant-Secretary General and CEO of UN Global Compact, close Unstoppable Africa 2026.
UN Global Compact
  1. Play Africa’s business leaders push for growth that stays on the continent

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For years, Africa’s economic story focused on its enormous potential, wealth of natural resources and raw talent. At Unstoppable Africa 2026, the conversation shifted towards what the continent can build, own and scale. 

When more than 3,000 participants, including Heads of State, CEOs, investors entrepreneurs, and African Union and United Nations officials, gathered in New York for the two-day forum, held on the margins of the eighty-first session of the UN General Assembly under the theme “Powering Business, Scaling Economies, Shaping the Future”, the expectations were clear: it had to be more than just talk.

Across the discussions, leaders stressed the need to move beyond exporting raw materials, including critical minerals, and talent, to developing local processing, manufacturing, and value chains that create jobs and retain more economic value on the continent.

Africa represents a $3 trillion market opportunity, and the world is finally recognising it as a gamechanger for global business. The shift you long envisioned is taking place: from doing business in Africa, to doing business with Africa.
António Guterres
UN Secretary-General

Opening the forum, UN Secretary-General António Guterres called for Africa to have a stronger voice in global decision-making, including permanent seats at the UN Security Council.

“Africa represents a $3 trillion market opportunity, and the world is finally recognising it as a gamechanger for global business. The shift you long envisioned is taking place: from doing business in Africa, to doing business with Africa”, said Mr. Guterres, adding “we are here to deepen investments, empower dealmakers, and build genuine partnerships”.

African Union Commission Chairperson Mahmood Ali Youssouf noted that Africa’s growing market of 1.5 billion people has created a significant opportunity, but to drive industrial transformation, the continent had to accelerate the development of African value chains and the removal of trade barriers.

Anna Bjerde of the World Bank and Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, discussed how new financing models could help unlock investment in Africa’s power sector and speed up access to reliable electricity.

Sanda Ojiambo, Assistant-Secretary General and CEO of UN Global Compact, addresses the audience at Unstoppable Africa 2026. © UN Global Compact

Taking stock: From talk to commitment

The forum offered an opportunity to take stock of commitments made at the previous Unstoppable Africa event and see how some have moved from announcements to implementation.

  • Energy: One of the commitments announced at Unstoppable Africa 2026 was from Nigeria, where the Distributable Renewable Energy (DRE) Fund. The Fund is co-managed by the Nigeria Sovereign Investment Authority (NSIA) and Africa50, and it will provide equity financing to local clean-energy developers, supporting decentralised solutions including solar mini-grids, solar home systems, commercial and industrial power solutions, and energy storage projects. 

    This is part of the broader Mission 300 effort that aims to connect 300 million Africans to electricity by 2030. In Nigeria, it is expected to help attract private investment into energy projects that will help expand reliable energy access for households and businesses.
     

  • Sports: Namibian President Ndemupelila Netumbo Nandi-Ndaitwah signed a partnership agreement between the Netumbo Nandi-Ndaitwah Foundation (the NNN Foundation) and the Queens of the Continent Foundation (QoTC), founded by two-time WNBA All-Star and ESPN host Chiney Ogwumike. The partnership will support opportunities for young people in Namibia, with a particular focus on girls and young women.

    Technology: Elly Savatia, founder and CEO of Signvrse, highlighted how a US$2 million investment from Google is helping build the largest publicly documented database for African sign language and expand access to digital service for people who are hard of hearing.
     

  • Trade Infrastructure: In July 2026, the Lobito Corridor, which links the Democratic Republic of the Congo and Zambia to Angola’s port of Lobito on the Atlantic, secured US$753 million in financing, while the rehabilitation of the railway is now 67 per cent complete. These projects It will make it easier to move goods and minerals to markets.

  • Creative economy: Afrexim’s CANEX programme has helped connect African fashion brands with international markets in Paris, New York, and Japan, resulting in more than 120 offtake agreements since 2022. For example, Zimbabwean brand ‘Vanu Vanwerk’ now sells its products in more 50 stores worldwide.

In her closing remarks, UN Deputy Secretary-General Amina J. Mohammed said Africa has an opportunity to shape its own AI story. “Africa has the talent and the ideas. What we need is the opportunity, infrastructure and investment to deploy them at scale,” she said.

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