AI Boom On Track To Supply USD 1 T GDP Boost In Africa
Free Reads AI Boom On Track To Supply USD 1 T GDP Boost In Africa By Staff Reporter | December 15, 2025 Artificial intelligence could add USD 1 T to Africa’s economy by 2035, the African Development Bank (AfDB) estimates, but it warned the continent must urgently develop data infrastructure, skills, and regulation to capture the potential gains. The projection, outlined in a new bank-commissioned report, equates to nearly a third of Africa’s current annual economic output. The benefits, however, are expected to be concentrated in a handful of sectors, including agriculture, retail, and manufacturing. “The Bank is ready to release investment to support these actions,” said Nicholas Williams, an AfDB ICT operations manager. “We expect the private sector and the government to utilise this investment.” The report, produced by consulting firm Bazara Tech, identified five key areas where AI could drive growth: agriculture, wholesale and retail, manufacturing, financial services, and healthcare. Together, these sectors…
15 Dec 11:12 · WeeTracker