Key findings from Africa – Risk in Focus 2026/2027:
- Rapid digitalization is driving increased exposure, with cybersecurity emerging as the fastest growing risk.
- Elevated fraud risk is driven by cyber-enabled fraud and persistent corruption.
- Geopolitical risk is rated high, but its ratings for risk governance maturity and internal audit coverage are among the lowest of all risks.
- Internal auditors are more likely to have high audit coverage for areas with high risk maturity than those with low risk maturity.
- Internal audit should shift to shorter, dynamic planning cycles to respond to rapidly changing risk conditions.


