TANGIER, MOROCCO | April 2, 2026 | Breaking News
Keita’s address comes as the ECA launched its flagship Economic Report on Africa 2026, which argues that harnessing data, AI, machine learning, and robotics has now moved from aspiration to urgent necessity. The report notes that digital payment systems and mobile-money platforms are already transforming Africa’s economies by lowering transaction costs, boosting market access, and advancing financial inclusion — but warns that progress is uneven and far too slow relative to the pace of global change.
The scale of opportunity is significant. Globally, AI and automation are projected to create 170 million new jobs while displacing 92 million by 2030, yielding a net gain of 78 million positions worldwide. Africa, with the world’s youngest and fastest-growing population, could be the primary beneficiary of this job creation wave — but only if governments prioritise digital skills training, data infrastructure investment, and enabling regulatory frameworks at speed.
The Tangier conference, themed ‘Growth through Innovation: Harnessing Data and Frontier Technologies for the Economic Transformation of Africa,’ brings together finance ministers, central bank governors, and international investors at a pivotal moment. With the continent projected to grow at 4% in 2026 according to UN forecasts, policymakers have a narrow but real window to embed technological transformation at the heart of Africa’s development strategy before the global AI race leaves the continent further behind.
