The forum said the Sub-Saharan Africa Risks Landscape comes at a time of modest economic growth across the region. This is set against a backdrop of rapid population and labour-force growth that is outstripping job creation.
As the number two risk facing Africa’s business leaders, governance comes into focus at a time when Africa appears to be consolidating recent progress towards stability.
The region has experienced 27 leadership changes since 2015, highlighting a continent-wide push for greater accountability and democracy. The report also noted that the region experienced 15 elections in 2018 and will see a further 20 in 2019.
The focus on jobs and governance is preventing business leaders from being able to tackle longer-term challenges such as climate change and health.