Procurement executives, policymakers and corporate leaders from across Africa will gather in Lagos on May 26 for the Digital Procurement Africa Summit 2026. The event will focus on using technology to tackle fraud, inefficiency and weak oversight in procurement systems.
Gloopro is organising the summit at a time when many African businesses are redefining procurement. Companies now see procurement as a strategic function instead of a routine back-office task. Rising pressure for transparency, stronger governance and cost control has driven this shift.
Summit to Focus on Procurement Innovation
The summit carries the theme, “Accelerating Procurement Transformation for Large Enterprises in the Digital Era.” Procurement leaders, supply chain executives and public-sector officials from across Africa will attend the event.
Gloopro said the summit will create space for practical and honest discussions about procurement challenges in Africa. Organisers also plan to encourage solution-driven conversations among industry leaders.
Chief Executive Officer of Gloopro, Olumide Olusanya, said Africa’s procurement ecosystem has reached a critical point.
“Africa’s procurement ecosystem is entering a defining moment, and digital transformation is at the centre of it,” Olusanya said during a press conference.
He added that the summit would help leaders from the public and private sectors share practical ideas and develop workable solutions for African markets.
Businesses Seek Better Transparency and Control
Many African companies still battle procurement leakages, poor supplier oversight and off-contract spending. Manual procurement systems continue to create delays and increase inefficiencies.
Several multinational enterprise systems also struggle to fit Africa’s informal supplier networks. This gap often raises operational costs and weakens governance controls.
To address these issues, more companies now invest in digital procurement tools. These systems help organisations improve visibility, automate purchasing processes and strengthen compliance.
Sessions to Address Fraud and Procurement Leakages
Speakers and panelists will discuss procurement automation, governance and ways to reduce leakages tied to manual systems.
Key discussions will cover:
- The hidden costs of manual procurement
- Automation tools that improve productivity
- Digital systems for decentralised purchasing
- Strategies for managing indirect spending and tail-spend
Organisers have also changed the event format. Instead of large conference sessions, the summit will feature executive roundtables, fireside chats and working sessions. These smaller discussions aim to encourage practical outcomes and open conversations.
Digital Procurement Adoption Continues to Grow
Gloopro provides eProcurement and Procurement-as-a-Service solutions to multinational firms and large enterprises. The company operates across Nigeria and other African markets. Its clients include multinational corporations and international oil companies.
The company said demand for digital procurement systems continues to grow across Africa. Businesses want stronger compliance systems, lower fraud risks and better control over indirect spending.
However, adoption still varies across the continent. Infrastructure gaps, fragmented supplier networks and uneven digital readiness continue to slow progress in some sectors.
The Lagos summit is expected to attract executives from multinational companies, public institutions and major private-sector organisations across Africa.
