African Development Bank report projects $1 trillion in additional GDP by 2035 with use of AI to enhance productivity
Cote Dlvoire, Dec. 12 -- The African Development Bank has released a report establishing a strategic roadmap for unlocking the economic and social potential of artificial intelligence (AI) across Africa. Developed under the G20 Digital Transformation Working Group, Africa's AI Productivity Gain: Pathways to Labour Efficiency, Economic Growth and Inclusive Transformation gives an overview of the potential of A1 to foster development.The study, carried out by consulting firm Bazara Tech, finds that inclusive AI deployment could generate up to $1 trillion in additional GDP by 2035- equivalent to nearly one-third of the continent's current economic output. This potential is underpinned by Africa's growing digital capacity, favorable demographic...
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