Generative AI could generate up to $100 billion in additional value for Africa

Only 33% of entry-level roles in Nigeria’s formal sector are held by women – McKinsey

Mayowa Kuyoro, global leader of McKinsey's Fintech Practice

Generative AI (gen AI) could unlock up to $100 billion in additional annual economic value for Africa if deployed at scale. This is according to a McKinsey report titled “Leading, not lagging: Africa’s gen AI opportunity”. During McKinsey’s first-ever media day in Lagos, the research was

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David Olujinmi

David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene. With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.