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AfDB and UNDP Back a $10B AI Plan for 25M Jobs

$1 billion a year for ten years, starting in five countries and growing to 20 by 2027.

Founder and Editor
2 min read
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File photo: Nairobi skyline. Tim, CC BY-SA 4.0, via Wikimedia Commons

[ The short version ]

  1. 01The African Development Bank and UNDP are advancing a $10 billion AI initiative.
  2. 02It would mobilise $1 billion a year over ten years and could create 25 million jobs by 2035.
  3. 03It starts in five African countries and is meant to reach 20 by 2027.

The African Development Bank and the UN Development Programme are advancing a $10 billion AI initiative, Africa AI News reports.

25M
Jobs the plan says it could create by 2035$1 billion a year for ten years
  • Starts in five African countries.
  • Expands to 20 countries by 2027.
  • The jobs figure is the initiative's own projection.
Sources and notes
  • #AfDB
  • #UNDP
  • #AI
  • #Jobs
  • #Africa

[ Written by ]

Founder and Editor

Victor Oluwaleye founded TheStak to explain what tech, AI and marketing actually change for the people running businesses, in Africa and beyond. A computer scientist by training and a marketer by trade, Victor has spent more than a decade leading marketing teams and building digital systems inside organisations, and runs Induuce Consultants, a growth and digital transformation agency in Lagos. More about Victor

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