Africa’s digital infrastructure and creative industries are attracting growing investor interest, but persistent capital constraints continue to delay projects from financial close to execution.
On the sidelines of the 81st United Nations General Assembly, a delegation from Cybastion joined investors, technology executives and entrepreneurs for investor roundtables on mobilizing capital into the digital infrastructure, fashion, tourism, and entertainment industries.
Organized by the Institutional Investor Network from Sept. 21-22, panelists discussed new financing models and put forth strategies on how capital can be more effectively mobilized into the digital and creative industries.
Access to capital remains a major barrier to creating a thriving tech ecosystem. Scott Blacklin, Cybastion’s Senior Vice President of Government Affairs, highlighted the company's pipeline of investment-ready digital transformation projects. He spoke about Cybastion's integrated approach to digital transformation that captures value across the full digital ecosystem.
Attracting institutional capital will also require stronger investment pipelines, clearly defined business models and financial structures that connect investors with scalable opportunities.
A panel discussion on Africa’s creative economy, discussed its investment potential to drive a country's growth. Discussions centered around how investors could approach the creative economy as an asset class.
Tourism was highlighted as a growth engine in the creative economy. Oscar Parlback, Cybastion's Director of Operations, highlighted how digital innovation can spur the tourism industry.
Through an e-Tourism platform, African countries have an opportunity to boost local economies by leveraging digital solutions to boost the country's tourism ecosystem.