
THE PROBLEM
Africa's innovation
potential is not the
question. The issue is
what's holding it back.
Africa's innovation ecosystem has enormous potential, yet efficiency
and productivity across wider industry remain low. Total Factor
Productivity across the continent is hampered by low levels of human
capital, inefficient resource allocation, and systemic institutional
barriers.
A critical contributor to this negative status quo is severely low
investment in research and development. Data from the UNESCO
Institute for Statistics shows that Sub-Saharan Africa has 88
researchers for every million people, compared to 4,358 across
Europe and Northern America. Consequently, African countries
dominate the lower echelons of the Global Innovation Index — 80% of
the lowest-performing countries are located on the continent.
The gap between local research activity and practical industry
challenges is not a talent problem. It is a connection problem.