African CEOs are increasingly prioritizing regional trade as a growth strategy, yet face significant financial hurdles. A recent report reveals that a $31 billion risk premium is deterring cross-border business activity. The high cost of doing business within Africa remains a major obstacle for corporate leaders. Limited access to trade finance further complicates expansion efforts. Weak implementation of trade agreements also undermines confidence. Many companies struggle to navigate regulatory differences between nations. The report highlights a gap between regional ambitions and practical challenges. African businesses are seeking more integrated markets but lack the necessary support structures. The cost barrier is particularly felt by smaller firms. Experts note that improving financial systems could boost regional trade. The issue reflects broader economic challenges across the continent. Trade remains a key growth area for African economies.