Categories: Tech & Auto

UAE announces $1 billion initiative to expand AI in Africa

By Nellie Peyton JOHANNESBURG (Reuters) -The United Arab Emirates said on Saturday it will invest $1 billion to expand 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 U.S. 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. (Reporting by Nellie Peyton; Editing by Emelia Sithole-Matarise)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Serbian squad Ub defeat Raudondvaris 20-16 to win FIBA 3×3 Manama title

VIDEO SHOWS: ACTION FROM THE 3X3 FIBA BASKETBALL WORLD TOUR FINAL RESENDING WITH COMPLETE SCRIPT …

42 minutes ago

Serbian squad Ub defeat Raudondvaris 20-16 to win FIBA 3×3 Manama title

VIDEO SHOWS: ACTION FROM THE 3X3 FIBA BASKETBALL WORLD TOUR FINAL COMPLETE SCRIPT TO FOLLOW…

53 minutes ago

Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source says

By Dawn Chmielewski and Dawn Kopecki (Reuters) -Warner Bros Discovery has received preliminary buyout bids…

10 hours ago

Meghan Trainor turns cyberbullying into new single 'Still Don't Care'

By Rollo Ross and Danielle Broadway LOS ANGELES (Reuters) -Singer-songwriter Meghan Trainor traversed new terrain…

11 hours ago

Judge in Google ad tech case seeks quick fix for web giant's monopolies

By Jody Godoy ALEXANDRIA, Virginia (Reuters) -The U.S. judge considering whether to order a breakup…

14 hours ago

White House pauses executive order that would seek to preempt state laws on AI, sources say

By Karen Freifeld (Reuters) -The White House has put on hold a draft executive order…

14 hours ago