SAP Africa CEO Pfungwa Serima

International software giant SAP says it sees huge growth opportunities across the African continent.

SAP co-CEO Jim Snabe told the media during a stop in South Africa yesterday: “We see unlimited opportunities for growth across the continent.”

However, he said, the biggest inhibitor to this growth is the scarcity of necessary skills. Snabe and SAP Africa CEO Pfungwa Serima said this lack of skilled resources was a key reason for the launch of SAP’s ‘Skills for Africa’ programme – a multi-million Euro initiative aimed at upskilling graduates across the continent. Snabe noted that new technologies were emerging all the time, and seeing unprecedented growth potential, but there were insufficient new technology skills to meet industry demand.

Snabe said: “This programme will give us, our partners and our customers access to the necessary skills resources for growth.”

Serima said SAP Africa was going to the Board with a plan for aggressive growth. “There is a great deal of potential in Africa,” he said, citing key growth areas such as the oil and gas sectors. “But we also want to invest in developing the communities where we do business.”

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