• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, September 15, 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

March 1, 2021
Stephen M.Cby Stephen M.C
in Africa
0
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

Egypt Imposes Temporary Tariffs On Steel Imports

South Africa’s Inflation Expectations Hit Record Low

Africa’s New Space Era Gains Global Spotlight

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.

“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
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

[mc4wp_form id="1264"]

Related Posts

Emergency Arab-Islamic Summit Adopts Final Statement
Asia

Emergency Arab-Islamic Summit Adopts Final Statement

September 15, 2025
Kwame Baffoe, Alias Abronye DC
General News

Abronye DC Granted GH¢50,000 Bail

September 15, 2025
Chinese Zoo Bans Reels Shown To Baby Chimpanzee
Oddities

Chinese Zoo Bans Reels Shown To Baby Chimpanzee

September 15, 2025
Labour MPs Abandon X, Cite Misinformation Fears
UK

Downing Street Condemns Elon Musk Over Inflammatory London Remarks

September 15, 2025
Ms. Efua Ghartey
General News

GBA Urges President Mahama to Join Hands in Guarding Rule of Law

September 15, 2025
rCOMSDEP Intensifies Sensitisation in Western Region, Pushes for Responsible Mining 
Extractives/Energy

Coalition Condemns Government’s Weak Response to Galamsey Crisis 

September 15, 2025
Emergency Arab-Islamic Summit Adopts Final Statement
Asia

Emergency Arab-Islamic Summit Adopts Final Statement

by Comfort AmpomaaSeptember 15, 2025
Kwame Baffoe, Alias Abronye DC
General News

Abronye DC Granted GH¢50,000 Bail

by Evans Junior OwuSeptember 15, 2025
Chinese Zoo Bans Reels Shown To Baby Chimpanzee
Oddities

Chinese Zoo Bans Reels Shown To Baby Chimpanzee

by Esther Korantemaa OffeiSeptember 15, 2025
Labour MPs Abandon X, Cite Misinformation Fears
UK

Downing Street Condemns Elon Musk Over Inflammatory London Remarks

by Lawrence AnkutseSeptember 15, 2025
Ms. Efua Ghartey
General News

GBA Urges President Mahama to Join Hands in Guarding Rule of Law

by Silas Kafui AssemSeptember 15, 2025
rCOMSDEP Intensifies Sensitisation in Western Region, Pushes for Responsible Mining 
Extractives/Energy

Coalition Condemns Government’s Weak Response to Galamsey Crisis 

by Prince AgyapongSeptember 15, 2025
Emergency Arab-Islamic Summit Adopts Final Statement
Kwame Baffoe, Alias Abronye DC
Chinese Zoo Bans Reels Shown To Baby Chimpanzee
Labour MPs Abandon X, Cite Misinformation Fears
Ms. Efua Ghartey
rCOMSDEP Intensifies Sensitisation in Western Region, Pushes for Responsible Mining 
[/vc_row_inner]

Recent News

  • Emergency Arab-Islamic Summit Adopts Final Statement
  • Abronye DC Granted GH¢50,000 Bail
  • Chinese Zoo Bans Reels Shown To Baby Chimpanzee
  • Downing Street Condemns Elon Musk Over Inflammatory London Remarks
  • GBA Urges President Mahama to Join Hands in Guarding Rule of Law
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.