KPMG 2024 CEO Outlook: Inaugural Africa edition – African CEOs emulate business confidence and clear growth trajectory into 2025.
23 October 2024
Key findings:
CEOs identify technology and generative AI, talent, ESG, and geopolitics, as the top four risks facing their organization’s growth prospects.
Ethically implementing emerging technologies is a paramount priority for CEOs across Africa.
77 percent of African CEOs highlight ethical dilemmas as a big challenge within their enterprises.
CEOs across Africa agree that key investment priorities include governance models and transparency protocols, addressing environmental challenges, with a focus on diversity, equity, and inclusion.
KPMG 2024 CEO Outlook Survey – Africa Edition
While CEOs remain confident in the future of the global economy, there is a significant consideration for escalating uncertainty and rising global crises - which has forced a reset in strategic thinking, a consolidation of talent, a renewed focus on collaborative approaches as well as an eye on upcoming technology and geopolitics. This is according to KPMG’s 2024 CEO Outlook Survey – Africa, the inaugural edition focusing on the African continent.
This annual report, the first of its kind to be launched in Africa by KPMG, draws on the perspectives of more than 130 CEOs from Southern, East, and West Africa regions. This follows on the back of the Global KPMG CEO Outlook Survey which celebrates its 10th edition and was conducted among 1,325 CEOs across 11 markets which examined how CEOs are looking to tackle this complex set of emerging and converging challenges.
