The Mastercard white paper AI in Africa: Harnessing the Transformative Power of AI highlights how AI can reshape finance, healthcare, agriculture, and energy across the continent. The AI market is valued at $4.51B in 2025 and projected to grow to $16.53B by 2030 at a 27.42% CAGR. AI is enabling microfinance, fraud detection, telemedicine, precision farming, and smart grids, while creating pathways for financial inclusion and youth employment. Challenges remain—fragmented policies, weak infrastructure, and limited AI talent. The report urges investment in digital infrastructure, data ecosystems, skills, and responsible governance to drive inclusive growth.

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