Babacar Seck, Managing Partner at Askya Investment Partners, challenges the narrative that Africa is unprepared for the artificial intelligence revolution, arguing that the continent is uniquely positioned to become a major player in the AI arena. He emphasizes that AI is not just another tech trend but the foundation for future value creation, warning that relying solely on imported technology risks deepening Africa’s productivity gap. Seck cites local examples, such as the use of AI-powered TikTok in Dakar’s street markets, and highlights successful ventures like Nigeria’s Moniepoint and South Africa’s Lelapa AI, which demonstrate Africa’s growing digital prowess. He calls for urgent action by governments to classify AI as a strategic industry, enforce robust data protection laws, and boost investments in energy, data centers, and technology education. This proactive approach, he argues, will enable Africa to transition from being mere consumers of AI solutions to becoming global innovators and owners of its technological destiny.
Source: SEMAFOR