The UAE has launched a $1 billion initiative to advance digital infrastructure and improve lives across Africa under the guidance of Abu Dhabi Exports Office (Adex), the export financing arm of Abu Dhabi Fund for Development (ADFD)
Also known as Ai.(d), the UAE-initiated and African co-owned platform has been launched under the leadership of the Office of Development Affairs, Presidential Court and was launched in November during the G20 Summit, in Johannesburg, South Africa.
The initiative aims to leverage AI as a transformative tool for sustainable and inclusive growth across the Global South, beginning with Africa.
It also aims to integrate AI-driven solutions in key development sectors such as education, agriculture, and digital infrastructure, advancing the UN Sustainable Development Goals (SDGs) worldwide. And it also seeks to address development challenges while unlocking new opportunities for technological cooperation and economic resilience.
Mohammed Saif Al Suwaidi, director general of ADFD and chairman of the Export Executive Committee of Adex, said Ai.(d) would advance inclusive and sustainable development through innovation and partnership.
“Through this initiative, Adex aims to bridge UAE expertise with global markets, empowering local companies to advance their technologies and generate meaningful international imp
Continue Reading on The National UAE
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.