Firm growth in Africa depends not just on founder ideas but on building capable teams, developing local managerial talent, and equipping people with the skills needed to scale sustainably. Key gaps remain in identifying high-potential founders early, supporting team formation, retaining skilled local managers, and building the institutional capacity to harness AI in ways suited to African market realities.

Highway construction in India improved productivity by inducing firms to focus on products in which they are most efficient

Democratically elected leaders are less likely to impose socially inefficient regulations or engage in rent-seeking and, hence, enhance firm productivity

Subsidies of household electricity prices in India come at the expense of firms, reducing both growth and output