Wednesday
April 16
2025

African Development Bank, AU Partner to Launch $300 Million Innovation Fund for Africa’s Tech Future

By Olusola Blessing

The African Development Bank (AfDB), in collaboration with the African Union, is setting up a $300 million African Education, Science and Technology Innovation Fund to strengthen the continent’s capacity in artificial intelligence, robotics, cloud computing, and other forward-looking technologies.

Photo courtesy of GovernmentZA.

Source: MSME Africa (link opens in a new window)

Categories
Education, Investing, Technology
Tags
artificial intelligence, digital inclusion, edtech, employment, infrastructure, innovation, renewable energy