• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, December 20, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

AI could help expand Africa’s economy by $1.5 trillion by 2030 – Songwe

M.Cby M.C
March 1, 2021
Reading Time: 3 mins read
AI could help expand Africa’s economy by $1.5 trillion by 2030 - Songwe

Vera Songwe - UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA)

Vera Songwe, UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA) has said that Africa could expand its economy by a staggering $1.5 trillion, by capturing just 10% of the speedily growing artificial intelligence (AI) market, set to reach $15.7 trillion by 2030.

She made these revelations whilst addressing several ministers and other participants at the just ended third Africa Regional Science, Technology, and Innovation Forum (ARSTI2021) in the Republic of Congo.

“AI growth can help in creating additional high-value and decent jobs, diminish poverty, increase the productivity of firms, preserve the environment, and foster better living conditions. Research has shown that AI has the potential to solve some of the most pressing challenges facing Africa and drive sustainable development in agriculture, health, infrastructure, financial and public services, and climate change” .

Songwe

ECA’s Executive Secretary stated that the Republic of Congo, which is hosting the virtual Forum in situ in Brazzaville, finds itself in a special sub-region, blessed with natural capital, such as huge forests. However, these forests have been disproportionately depleted, in comparison to those of other parts of the world, partly due to climate change. Artificial intelligence, she argued, could enhance already existing technologies that have been used to tackle COVID-19, to solve such climate change problems.

RelatedPosts

Debt Service Swallows Nigeria’s Revenue as Investment Spending Collapses in 2025

African Development Bank Steps Up to Bridge Africa’s Trade Finance Gap with Bold New Sustainable Financing Push

Modi Calls For Renewed Cooperation With Ethiopia

According to her, the imminent creation of an African Artificial Intelligence Research Centre in Brazzaville, Congo, with support from ECA, could give momentum to this new movement in Africa.

The Centre is being designed to improve the current landscape of Artificial Intelligence research in Congo and Africa in general, to orient the use of AI to foster economic and social development, while promoting close collaboration between academia and the industrial sector in AI and robotics across Africa.

According to Shamila Nair-Bedouelle, UNESCO’s Assistant Director-General for Natural Sciences, it is such investments and strong partnerships for capacity building in science, technology, and innovation that would accelerate the implementation of the Sustainable Development Goals (SDGs) in Africa.

ADVERTISEMENT

“Innovation cannot be decreed; it is planned and designed! Africa, therefore, has no excuse to be absent from the big rendezvous of innovation, which defines the 21st century. University dons, economists and, industrialists must come together to lead today’s learners into this exciting world”.

Arlette Soudan-Nonault, Minister of Tourism and Environment of the Congo

Amon Murwira, Minister of Higher and Tertiary Education, Innovation, Science and Technology Development, Zimbabwe indicated that in such a world, “the STI that we teach will determine what our continent will become. Our industry must emerge from our classrooms and laboratories, supported by the correct educational system design and framework which no longer teaches students about where they get things but how to make things”.

 He cited his country’s Education 5.0’ philosophy which is based on teaching, research, community outreach, innovation, and industrialization. ARSTI2021 features several debates and breakout sessions to follow-up and review progress made since the first two sessions of 2019 and 2020.

It has also featured an innovation boot camp for young Africans, both in-person in Brazzaville and connecting from across the continent and allowing them to develop projects using skills they have learned about robotics and AI, as well as access to 3D printing technologies.

Tags: Africa Regional ScienceAfrica’s economyand Innovation Forum (ARSTI2021)Economic Commission for AfricaRepublic of CongotechnologyUN Under-Secretary-General and Executive SecretaryVera Songwe
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

Vice President Urges Ghanaians To Cooperate With Vaccination

Next Post

I THINK IT’S A USELESS THING- BLAKK RASTA JAB LEADERS OVER RECEPTION OF FREE VACCINES

Related Posts

Debt Service Swallows Nigeria’s Revenue as Investment Spending Collapses in 2025
Africa

Debt Service Swallows Nigeria’s Revenue as Investment Spending Collapses in 2025

December 19, 2025
African Development Bank Steps Up to Bridge Africa’s Trade Finance Gap with Bold New Sustainable Financing Push
Africa

African Development Bank Steps Up to Bridge Africa’s Trade Finance Gap with Bold New Sustainable Financing Push

December 18, 2025
India Asserts No US Mediation In Ceasefire With Pakistan
Africa

Modi Calls For Renewed Cooperation With Ethiopia

December 17, 2025
African Development Fund Positioned to Rebuild Financial Sovereignty Across the Continent
Africa

African Development Fund Positioned to Rebuild Financial Sovereignty Across the Continent

December 17, 2025
M23 Rebels
Africa

M23 Announces Exit From Uvira In Eastern DRC

December 16, 2025
Africa’s Instant Payments Boom Shatters Records, Nears $2 Trillion in Transactions
Africa

Africa’s Instant Payments Boom Shatters Records, Nears $2 Trillion in Transactions

December 15, 2025
TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal
Entertainment

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

by M.CDecember 19, 2025
Dr. Cassiel Ato Forson, Minister of Finance
Economy

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

by Michael Teye-Bio NaduteyDecember 19, 2025
Extractives/Energy

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

by Prince AgyapongDecember 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Economy

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

by M.CDecember 19, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Asia

Syria Lauds Final Repeal Of US Sanctions

by Comfort AmpomaaDecember 19, 2025
Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments
Agribusiness

Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

by M.CDecember 19, 2025
TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal
Dr. Cassiel Ato Forson, Minister of Finance
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

Recent News

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

December 19, 2025
Dr. Cassiel Ato Forson, Minister of Finance

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

December 19, 2025
Goldfields story

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

December 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

December 19, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria

Syria Lauds Final Repeal Of US Sanctions

December 19, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address