New GSMA report highlights Nigeria's potential to lead in AI-driven development across Africa

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New GSMA report highlights Nigeria's potential to lead in AI-driven development across Africa

A new GSMA report emphasizes Nigeria's pivotal role in advancing AI across Africa, particularly in agriculture and energy. The report indicates that Africa could unlock nearly $3 trillion in economic value through effective AI applications by 2030. Nigeria's capacity to leverage AI for transformative socio-economic progress is highlighted as immense, with ongoing innovations already making an impact.

Key sectors such as agriculture and energy are identified as ripe for AI integration, with companies like Crop2Cash and Husk Power Systems leading the charge. However, challenges like data scarcity and a skills gap must be addressed to fully realize AI's potential. The report outlines strategic recommendations to strengthen Nigeria's AI ecosystem, emphasizing the need for public-private partnerships and enhanced infrastructure.

• Nigeria identified as a leader in AI-driven development across Africa.

• AI applications could boost African economic growth by $2.9 trillion by 2030.

Key AI Terms Mentioned in this Article

Artificial Intelligence (AI)

AI is crucial for enhancing productivity and efficiency in various sectors, as highlighted in Nigeria's agricultural and energy innovations.

Data Availability

The report stresses the importance of improving data availability to customize AI solutions for local needs.

Machine Learning

Machine learning applications are being utilized in Nigeria's agriculture to provide tailored advice to farmers.

Companies Mentioned in this Article

GSMA

The GSMA's report underscores Nigeria's potential in AI development and its socio-economic impact.

Crop2Cash

Crop2Cash's FarmAdvice is a notable example of AI application in enhancing agricultural productivity.

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