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AfDB, UNDP launch $10bn AI initiative for Africa

The African Development Bank Group (AfDB) and the United Nations Development Programme (UNDP) have launched an ambitious $10 billion project to support the adoption of Artificial Intelligence (AI) across the continent. 

The 10 Billion Initiative intends to accelerate ethical AI adoption and inclusive digital economic growth in Africa. 

The initiative follows the Nairobi AI Forum, which took place earlier this month in Kenya and brought together governments, private sector leaders, development partners, and tech innovators to define pathways for impactful AI adoption.

According to the organisations, the strategy is a co-designed collaboration between the Bank Group, UNDP, and commercial partners that aims to raise up to $10 billion by 2035.

Read more: https://itweb.africa/article/afdb-undp-launch-10bn-ai-initiative-for-africa/KWEBb7yLo34vmRjO