Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • Experts, Industry Leaders Push For Bold Digital Reforms In Nigeria
  • QNET Celebrates Prof. Abiodun Adebayo’s Induction Into The Nigerian Academy Of Science
  • ABoICT Awards 2025 Holds Saturday, May 24, Celebrates ICT’s Role In Nigeria’s Economic Growth
  • GOCOP Presents Own Book, ‘Nigeria Media Renaissance: GOCOP Perspectives On Online Publishing,’ June 17 In Abuja
  • Konga Health, L’Oréal Launch Nationwide Wellness Campaign With Massive Discounts, Free Delivery
  • Falana Vs Zinox, 12 Others: Again, Attorney General Withdraws Fiat From Falana
  • NCC, Ghana’s NCA Strengthen Telecom Regulatory Ties At Accra Meeting
  • New IT Clearance Framework To Curb Waste, Boost Transparency In MDAs- NITDA
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » AI Spending In Africa Set To Surge As Region Commits To An AI-Powered Digital Future
REPORT

AI Spending In Africa Set To Surge As Region Commits To An AI-Powered Digital Future

IDC's research estimates that AI will contribute $19.9 trillion to the global economy by 2030, accounting for 3.5% of global GDP.
DigitalTimesNGBy DigitalTimesNG21 January 2025No Comments3 Mins Read100 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
AI
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

News Highlights:

  • AI investment surge in META region
  • There’s economic impact and AI-led transformation

Spending on AI in the Middle East, Türkiye, and Africa (META) totaled $4.5 billion in 2024 and is projected to surge to $14.6 billion by 2028, representing a compound annual growth rate (CAGR) of 34%, reports Digital TimesNG.

That’s according to the latest insights from International Data Corporation (IDC), with the global technology research and consulting firm attributing this rapid growth to the region’s steadfast commitment to transitioning toward an AI-driven digital economy.

As the META region continues to prioritize AI and generative AI (GenAI) strategies, investments in infrastructure, platforms, foundation models, governance, data architectures, and skills are accelerating. At the same time, organizations across the region are increasingly pivoting from experimentation to scaled adoption and from proof of concept to proof of value.

IDC will explore the challenges and opportunities presented by this shift in priorities as it hosts the META region’s most influential technology vendors, telecommunications operators, and IT service providers at IDC Directions META 2025.

Taking place on January 28 at the JW Marriott Hotel Marina in Dubai, this exclusive tech industry event will address the theme ‘Transitioning Your Customers to an AI-Fueled Future.’

IDC’s latest research highlights the transformative economic impact of AI, with the technology expected to contribute $19.9 trillion to the global economy by 2030 and account for 3.5% of global GDP. Every dollar spent on AI solutions will generate an economic ripple effect of $4.6 through indirect and induced contributions, reinforcing AI’s role as a key driver of innovation and productivity.

READ ALSO  Applying AI And Machine Learning In Product Management: Strategies For Enhancing User Experience

“Organizations are embracing this transformation, with 89% of worldwide IT leaders projecting stable or increased budgets in 2025 to prioritize AI-led initiatives,” says Crawford Del Prete, IDC’s global president. “The META region is uniquely positioned to lead the global AI revolution. With the right investments in digital infrastructure and AI governance, organizations across the region can unlock unprecedented economic opportunities and set a global benchmark for innovation.”

IDC Directions META 2025 will showcase IDC’s latest research and insights into this transformation, offering actionable guidance to help businesses and governments unlock the full potential of AI. “AI adoption has undoubtedly begun transforming the region’s business landscape,” says Jyoti Lalchandani, IDC’s regional managing director for META, Central Asia, and India.

“However, the road ahead requires a sustained focus on building robust ecosystems, fostering skills development, and ensuring scalable cloud and datacenter solutions to fuel the next phase of digital growth.”

Designed to equip tech vendors, resellers, regulators, and service providers with critical insights, outlooks, and predictions, IDC Directions META 2025 promises essential guidance on navigating the region’s evolving AI-fueled landscape.

Attendees will also be able to customize the day’s agenda to meet their own specific requirements, choosing from a range of intricately tailored sessions hosted by IDC experts as they shine a spotlight on the key trends shaping ICT investments in their respective territories.

The event will bring together global and regional thought leaders to explore the transformative potential of AI, with key sessions addressing AI’s role in redefining digital business models, optimizing cybersecurity strategies, enhancing cloud infrastructure, and driving datacentre expansion.

READ ALSO  Vodafone, Microsoft Sign $1.5B 10-Year Strategic Deal For AI, Cloud, IoT
#Africa #AI #Digital Future
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleFG Moves To Exit Country From FATF Grey List
Next Article Globacom CEO Reportedly Steps Down After One Month In Office
DigitalTimesNG
  • X (Twitter)

Related Posts

Zoho Enhances CRM Platform With AI And Workflow Automation Features

14 May 2025

Emerging Technologies Will Break Trade Barriers Across Africa, Says NITDA Boss

6 May 2025

ABoICT 2025 Lecture To Explore AI Governance And Standards

6 May 2025

Zoho Adds AI To Zoho Creator For Faster, Easier App Development

5 May 2025

Africa Must Lead The AI Revolution — NITDA Boss Charges At GITEX Africa 2025

16 April 2025

Mart Networks Partners Infopercept To Deliver End-to-End Cybersecurity Solutions Across Africa

8 April 2025

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

Experts, Industry Leaders Push For Bold Digital Reforms In Nigeria

23 May 2025

QNET Celebrates Prof. Abiodun Adebayo’s Induction Into The Nigerian Academy Of Science

23 May 2025

ABoICT Awards 2025 Holds Saturday, May 24, Celebrates ICT’s Role In Nigeria’s Economic Growth

22 May 2025
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2025 Digital Times NG. Designed by Max Excellence LLC.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.