Close Menu
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    • About Us
    • Privacy Policy
    • Terms Of Service
    • Advertisement
    Wednesday, July 22
    Facebook X (Twitter) Instagram Pinterest Vimeo
    ABS Africa TV
    • Breaking News
    • Trending
    • Africa News
    • World News
    • Features
    • Technology
    • More
      • Sports
      • Politics
      • Culture
      • Lifestyle
      • Travel
      • Business
      • Environment
      • Legal
      • Health
      • Cameroon
      • Ambazonia
      • AfroSingles
      • Environ/Climate
      • Editorial
      • The Leak Magazine
    • Donate
    Subscription
    ABS Africa TV
    Home»Trending»IMF says AI could lift sub-Saharan Africa’s economy 4 percent but power and internet come first
    Trending

    IMF says AI could lift sub-Saharan Africa’s economy 4 percent but power and internet come first

    Anjianjei ConstantineBy Anjianjei ConstantineJuly 22, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Post Views: 10

    The report made clear that the success or failure of AI adoption depends less on the technology itself than on basic conditions such as power grids, the internet and workforce training. [Photo: Reve AI]

    An International Monetary Fund analysis said sub-Saharan Africa could increase economic output by about 4 percent over the next 10 years through the effects of adopting artificial intelligence if it improves electricity, the internet and digital capabilities. Without such reforms, the increase over the same period is expected to be limited to 0.2 percent.

    Cryptopolitan, a blockchain outlet, reported on July 21 that the report’s focus is infrastructure that supports AI, rather than AI itself. The IMF said the growth effect increases if governments expand infrastructure and train workers in AI-related skills, but the benefits of AI diffusion could effectively disappear if power grids, internet access and digital proficiency do not improve. Co-author Andrew Tiffin (앤드루 티핀) called the 0.2 percent forecast “honestly, at the level of rounding error.”

    The IMF said AI risks in sub-Saharan Africa differ from those in advanced economies. In high-income countries, AI replacing jobs is a prominent issue, but in the region the greater risk is that gaps widen because technology is not adopted and scaled quickly enough. It said AI adoption rates in the region are among the lowest in the world, only slightly higher than in South Asia.

    Power was cited as the biggest constraint. About half of the region’s population does not have a reliable electricity supply. “If you don’t have electricity, it’s hard to do anything,” Tiffin said. The IMF said building power grids and mini-grids centered on schools, hospitals and other public facilities could also serve as regional digital hubs. It added that data centers could also become projects that draw in new power facilities because of electricity demand.

    The second bottleneck is internet connectivity. The report said Africa’s internet usage rate stood at 38 percent in 2024, well below the global average of 68 percent. The IMF said investment in fiber-optic infrastructure and expanding open networks could be ways to lower costs and broaden access.

    Investment by private companies is also already under way. Microsoft and G42 announced plans to build a 1 billion dollar, 100-megawatt data center campus in Kenya powered by geothermal energy. Cassava Technologies and Nvidia signed a 700 million dollar deal to install 12,000 graphics processing units in South Africa, Nigeria, Kenya, Egypt and Morocco.

    The IMF said it saw it as a risk that such capital is concentrated in some countries. Africa has about 160 data centers, about 5.5 percent of the global total. Nearly half of them are concentrated in three countries: South Africa, Nigeria and Kenya.

    Martin Schindler (마르틴 쉰들러), deputy director of the IMF’s Africa Department and mission chief who led the report, said policy changes are key to whether AI can generate additional growth. He warned that if AI investment and infrastructure expansion stay in only a small number of countries, they could widen gaps between countries rather than lift the region’s economies together. It concluded that sub-Saharan Africa’s AI growth potential depends less on the technology itself than on how quickly it can put in place policies on electricity, communications and workforce development.

    About the Author
    Jinju Honghongjj@d-today.co.kr

    Keyword

    #IMF#Microsoft#G42#Nvidia#Cassava TechnologiesCopyright © DigitalToday. All rights reserved. Unauthorized reproduction and redistribution are prohibited.

    Africas could lift Says SubSaharan
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Anjianjei Constantine
    • Website

    Related Posts

    WORLD IN BRIEF:South Africa secures $1.5bn World Bank loan, Trump hits Canada with 50% tariffs, Senegal backs Ex-president for UN top job and other stories

    July 22, 2026

    Gabon: France Welcomes Gabon’s Oligui As Mineral and Military Ties Defy Wider Rift in Africa

    July 22, 2026

    Feisal Salum says Tanzania to use 2027 AFCON to show the world what they can do

    July 22, 2026
    Leave A Reply Cancel Reply

    Search
    Latest Post

    Landmark nuclear deal with Saudi Arabia greenlit by Trump

    July 22, 2026

    India’s Rahul Gandhi briefly detained as cockroach protests rock Delhi

    July 22, 2026

    Zimbabwe adds freight rail option to lithium export gateway

    July 22, 2026

    World’s lakes and oceans are losing oxygen in a crisis that could hit fish prices

    July 22, 2026

    RAG Holdings Earns Great Place to Work Certification, Reinforcing Its Commitment to Building Great Businesses Through People First Approach

    July 22, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • TikTok
    ABS TV and ABS Network News is a leading Pan-African 24/7 broadcasting network delivering nonstop news, talk shows, lifestyle programs, and digital media content worldwide through Satellite, Streaming Platforms, and Roku TV.
     
    Based in the United States, we connect Africa to the world while empowering creators, journalists, and brands through innovative media and broadcasting services.
    Facebook X (Twitter) Pinterest WhatsApp Instagram

    Our Picks

    Landmark nuclear deal with Saudi Arabia greenlit by Trump

    India’s Rahul Gandhi briefly detained as cockroach protests rock Delhi

    Zimbabwe adds freight rail option to lithium export gateway

    Most Popular

    World’s lakes and oceans are losing oxygen in a crisis that could hit fish prices

    RAG Holdings Earns Great Place to Work Certification, Reinforcing Its Commitment to Building Great Businesses Through People First Approach

    ‘We don’t have time to lose’: UNAIDS chief calls for ‘radical change’ in Africa amid aid cuts

    © 2026 Copyright. All Rights Reserved by ABSAFRICATV
    • Privacy Policy
    • Terms of Services

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.