10/05/2026
I was at the 3i Africa Summit 2026 in Accra. Presidents of companies, fintech leaders, bank governors — all gathered in one room talking about Africa's digital future.
I was at the exhibition centre, standing in a booth, watching people walk past, trying to get them to stop and listen. That is where most of the real conversations happen — not on the main stage, but between builders and business owners trying to figure things out in real time.
But something said inside that auditorium caught my attention later.
Nathalie Kouassi-Akon, Divisional Director for West Africa at the International Finance Corporation (IFC), said this during her keynote on day two: "Africans pay up to 35 per cent more for digital tools than counterparts elsewhere — a premium that effectively excludes the populations digital finance aims to serve."
I have been living this number without knowing it had a percentage.
The Real Problem is Not Just Cost
The 35% is about price. But the deeper problem is fit. Foreign software is not just expensive for African businesses — it was not designed for them in the first place. It was built around a different reality and sold to us at a premium.
I build SynqStack, a gym management software for Ghana. When I started talking to gym owners, I noticed the same thing everywhere. The software they were comparing me to — tools built in the US and Europe — assumed things that simply are not true here.
They assumed a level of digital literacy that does not match the reality of running a gym in Kumasi or Takoradi.
So in SynqStack, I built a hybrid billing system — both recurring and manual. A gym owner can choose how their members pay. MoMo is supported. The system is designed around the reality of Ghana, not the assumptions of a developer somewhere else.
That is not a workaround. That is just what building for your market actually looks like.
Africa is Building. So Why Are Businesses Still Choosing Foreign Software?
This is the question I kept asking myself at the exhibition.
I was surrounded by African companies building real products. Developers and founders solving real problems with real understanding of the local context. The talent is there. The energy is there.
But when I sit across from a gym owner and show them SynqStack, the first thing many of them do is ask whether it has all the features Mindbody has. Mindbody — a US product that costs significantly more and was not built with a Ghanaian gym in mind. They want feature parity with a foreign product before they will consider an African one.
Some of that is a fair expectation. African-built software still has gaps to close and we have to be honest about that and keep building. But some of it is a mindset — a quiet belief that if it comes from outside, it must be better.
That question is not just for governments and large institutions. It is for every African business deciding which software to use. Every time a Ghanaian gym pays more for a foreign tool that does not understand MoMo or unstable power, the answer to that question shifts further away from us.
What Needs to Change
African builders need to keep building — not just to match what exists, but to build around what is actually true about our markets. Real integrations. Real payment systems. Real operational realities.
And African businesses need to give their own builders a real chance — not after we have matched every feature of a product built over ten years with millions in funding, but while we are building, so we can build the right things.