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UAE announces $1b AI investment in Africa | The Express Tribune
Initiative will bring tech to areas such as education, healthcare, climate adaptation
An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. PHOTO: REUTERS/FILE
JOHANNESBURG:
The United Arab Emirates (UAE) said on Saturday it will invest $1 billion to expand artificial intelligence (AI) infrastructure and AI-enabled services across Africa, with the aim of helping countries meet national development priorities.
UAE Minister of State Saeed bin Mubarak Al Hajeri announced the “AI for development initiative” at the G20 leaders’ summit in Johannesburg, saying it would bring AI technology to areas such as education, healthcare and climate adaptation.
“We consider AI not just as a future industry but a cornerstone of humanity’s future,” he said in a statement. “Therefore, my country is actively accelerating innovation to enhance productivity and drive significant advancements in the global economy, with a strong commitment to developing responsible and inclusive AI for the benefit of everyone.”
The UAE is one of the biggest investors in Africa. Its bilateral trade in 2024 reached approximately $107 billion, a 28% increase from the previous year, and its total investments in Africa were over $118 billion between 2020 and 2024, the statement said.
Abu Dhabi is investing heavily in AI, with plans to build one of the world’s largest data-centre hubs in the country with US technology.
The UAE is not a member of the Group of 20, which brings together the world’s biggest economies, but was invited to the meeting by South African President Cyril Ramaphosa, who is hosting the G20 leaders’ summit for the first time in Africa.