Discover the power of Artificial Intelligence Technology (AI) and its transformative potential in Sub-Saharan Africa. In this memo from Modus Africa, we shed light on the core functionalities and key applications of AI that can address and transform the continent’s biggest challenges.
The memo provides expert insight into:
- The history of AI, machine learning, deep learning, and generative AI
- AI for social good
- The state of AI in Africa
- African use cases
- The African AI opportunity
- Risks, challenges, and more
Download the full memo to delve into the potential of AI in Africa:
We believe that Africa could become one of the most attractive regions for investment in AI due to a:
- Large, young, and growing population of 1.2B people
- Rapid growth in internet penetration
- Fast adoption rate for new AI-based products/services disrupting traditional industries and solving Africa’s most pressing challenges
From healthcare and education, to finance and entertainment, AI has the ability to catalyze positive change, bringing efficiency, automation, and scalability to the region.
Modus Africa is our impact-focused VC fund, investing in early-stage companies utilizing AI and blockchain technologies, and is uniquely positioned to deliver impact and value to African communities through operational, institutional, and financial capital.
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