Africa Business Agenda

Tech-enabled digital transformation

May 30, 2024

Overview

The rapid advancement and global adoption of cutting-edge technologies are propelling a transformative shift globally. Generative artificial intelligence (GenAI) is poised to reshape industries, redefine work processes and offer unprecedented opportunities for boosting competitiveness and unlocking new value. Cloud computing, through its scalability and flexibility, continues to empower organisations to streamline operations, foster innovation and deliver exceptional customer experiences.

The increasing adoption of GenAI and new AI models across various business sectors is redefining the way we conduct business. CEOs across Africa have recognised the potential of GenAI to fuel growth and competitiveness. Findings from our latest Africa Business Agenda suggest that the adoption of GenAI in companies across Africa remains in its early stages; however, its potential impact is expected to be more substantial in the near future.

To what extent, if at all, are the following factors inhibiting your company from changing the way it creates, delivers and captures value?

Business leaders in Africa have an exciting opportunity to reshape the future by embracing the power of human-led, tech-enabled reinvention. In embracing this transformative technology, they can pave the way for a resilient, sustainable and prosperous future for Africa and globally.