CNBC Africa·3 min read·medium
AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF says
R
Reuters
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An IMF report suggests that AI could boost Sub-Saharan Africa's economy by 4% over the next decade, provided there are significant improvements in electricity, internet access, and digital skills. Without these infrastructure reforms, the growth impact is expected to be negligible.
JOHANNESBURG, July 21 (Reuters) – Artificial intelligence could boost Sub-Saharan Africa’s economy by about 4% over the next decade with better electricity supply, internet access and digital skills, an International Monetary Fund paper showed on Tuesday, but without such reforms the growth dividend could be negligible.
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