Africa’s AI Market Set for US$16.5 Billion Surge by 2030

Artificial Intelligence

Africa’s artificial intelligence sector is poised to grow nearly fourfold to $16.53 billion by 2030, fueled by rebounding startup investment and falling technology costs.

Valued at $4.51 billion in 2025, the continent’s AI market though just 2.5% of the global total is accelerating as open-source models like DeepSeek lower infrastructure barriers for innovators in logistics, healthcare, and fintech.

A 78% jump in African tech funding during early 2025 has boosted AI ventures, with eight startups securing over $1 million each. Egypt leads the charge, home to three major deals including semiconductor firm Infinilink’s $10 million raise. Analysts credit Egypt’s 2021 national AI strategy and Meta’s recent acquisition of Cairo-born PlayAI for cementing its regional dominance.

Notable deals span the continent: Senegal’s Kera Health secured $10 million for AI-powered medical records, Kenya’s Leta raised $5 million for logistics optimization, and South Africa’s Cerebium attracted $8.5 million for developer tools. Zimbabwe’s NeedEnergy won $1.1 million to advance machine learning for smart grids.

Falling compute costs and focused policies are enabling African startups to build globally competitive tools. With Egypt targeting 250 AI firms by 2030 and specialized ventures multiplying, the continent’s ecosystem could outpace global growth rates in coming years.

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}