AI to grow by 30% annually in Africa, experts say
Uganda, May 3 -- Artificial Intelligence (AI) is transforming business in every sector and Africa, with the technology predicted to grow on the continental bloc by 30 percent annually over the next six years, according to tech experts.
The development is projected to bring financial growth to about $17billion by 2030, according to Statista analysts.
Microsoft Africa president Lillian Barnard says "AI can unlock a continent brimming with investment opportunity."
"Africa has long been recognised for its formidable growth prospects and AI is the long-awaited key to help unlock that potential," she observed.
In light of the opportunity Africa presents, Microsoft recently invested $1.5billion in G42, an AI implementer, to accelerate AI dev...
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