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AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF says

Africa 1 source 1 country 🔦 Under-reported 54m ago

The International Monetary Fund has reported that the adoption of artificial intelligence could increase the economic output of Sub-Saharan Africa by 4% over the long term. This projected growth is contingent upon significant improvements to the region's existing infrastructure, specifically regarding reliable access to electricity and high-speed internet connectivity.

While the potential for economic expansion is significant, the report emphasizes that the realization of these gains depends on addressing fundamental technological and energy deficits. Bridging these infrastructure gaps is presented as a necessary prerequisite for the region to effectively integrate and leverage AI technologies to stimulate productivity and economic development.

In-depth summary · AI, neutral
Read the full story at the source Channel NewsAsia · SG
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