Digital public infrastructure (DPI) will drive AI for Africa's economic transformation

February 11, 2025-Recent developments within Africa's digital ecosystem will help drive Africa's economic transformation, but key policy frameworks and infrastructure are needed for most countries to benefit fully.
The AU Data Policy Framework was adopted in 2022, followed by the passage of national-level data protection policies and strategies in about 40 African countries.

This lays the initial foundation for safe and ethical digital transformation. Emerging technologies such as artificial intelligence, the Internet of Things, blockchain, and big data can significantly contribute to GDP and job creation in Africa.

For instance, AI has the potential to add up to $15.7 trillion to the global economy by 2030, with Africa contributing an estimated $1.2 trillion. Achieving this will require innovative strategies that leverage these technology partnerships with the private sector to invest in infrastructure that serves the public good.

The adoption of the African Union Continental AI Strategy in 2024 was yet another indicator of African leaders' resolve to leverage data and technology for Africa's development.

East Africa's regional 20 share index

June 24, 2025-The National Securities Exchange of Somalia (NSES) is joining the Somali Stock Exchange as a member of the East African Securities Exchanges Association (EASEA), which brings together the exchanges of Kenya, Rwanda, Somalia, Tanzania, Uganda and Ethiopia, as well as Burundi when that exchange will be launched.

African Credit Rating Agency to Launch September 2025

June 16, 2025--The African Credit Rating Agency (AfCRA), a new privately owned credit rating body, is set to begin operations by September 2025
The agency is backed by private sector stakeholders across Africa, not governments, to ensure independence and credibility