The two-day event, which was held under the theme “AI and Africa’s demographic dividend: Reimagining economic opportunities for Africa’s workforce,” brought together more than a thousand participants from 95 countries, including policy makers, entrepreneurs, researchers, investors and representatives of more than 100 companies in this scientific field.

Discussions addressed the latest developments, innovations and technologies in the field of artificial intelligence, improving the skills of the African workforce, as well as knowledge and experience exchanges with other countries.

The overall objective was to accelerate AI innovation and align strategic policies to enhance the sector’s capabilities in Africa, achieve competitiveness and inclusive growth.

During its sessions, the African AI Council was formed, to lead the development of the continent’s AI ambitions.

It also included panel discussions, workshops and the presentation of products from more than 100 promising AI companies on the continent.

Africa, which has the world’s largest and fastest-growing workforce, is set to play a crucial role in the global AI ecosystem, as discussed at the major event.

By 2030, artificial intelligence is expected to contribute $19.9 trillion to the global economy, representing a $2.9 trillion injection into the African economy.

This could lift 11 million Africans out of poverty and create 500,000 jobs per year.

In order to maximize the enormous benefits, African leaders will need to address complex economic, social and geostrategic dynamics as well as a shared vision for continental leaderships in the AI era.

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