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Tech leaders to discuss $180bn African digital economy at AFDEIC 2025

Tech leaders and enthusiasts will converge in Abuja to discuss the continent’s digital ecosystem at the 2025 African Digital Economy & Inclusivity Conference (AFDEIC) from August 12 to 14.

In a statement on Sunday, the organisers said discussions would explore strategies to bridge Africa’s digital divide, strengthen fintech ecosystems, and drive broadband expansion.

The conference comes amid projections that the digital economy will contribute $180 billion to Africa’s GDP by 2025 and exceed $712 billion by 2050.

The event is expected to gather government officials, policymakers, business leaders, tech innovators, academics, and development partners to discuss Africa’s digital economy and the role of artificial intelligence in fostering inclusive growth.

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The organisers said the conference, themed, ‘AI and Africa’s Digital Economy: Leaving No One Behind’, would focus on financial inclusion, digital infrastructure expansion, AI adoption, data governance, and cybersecurity.

“Despite rapid growth in fintech, e-commerce, and AI-driven solutions, a 2022 report by the International Telecommunications Union found that 73 per cent of rural Africans lack internet access, limiting their ability to benefit from digital financial services and e-learning platforms,” the organisers said.

“Nigeria is making significant progress in developing its digital economy through government initiatives like the National Digital Economy Policy, which focuses on expanding broadband access, promoting e-commerce, and fostering digital financial services.

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“The country also has a growing tech ecosystem, with thriving fintech companies driving financial inclusion.

“Though increasing internet penetration strengthens Nigeria’s position as a leading digital hub in Africa, a 2024 study by GSMA also reported that 61 percent of rural Nigerians remain disconnected from mobile internet.

“AFDEIC, the pan-African digital economy conference, is not just a dialogue but a gathering where stakeholders will develop actionable solutions that address Africa’s digital challenges and unlock the continent’s potential for socio-economic achievement through inclusive policies, ensuring that no one is left behind in digital transformation.

“Discussions will cover AI and big data for economic growth, digital identity systems for cross-border trade, and gender and youth inclusion in the digital workforce.

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“Other sessions will focus on cybersecurity threats, regulatory challenges, and strategies for expanding broadband and mobile internet access in underserved regions.

“The event will feature high-level keynote sessions, panel discussions, and workshops on AI ethics, blockchain applications, cybersecurity best practices, and digital entrepreneurship.

“Investment and networking forums will provide opportunities for startups, tech firms, and policymakers to connect with investors and development partners.

“A technology exhibition will also showcase innovations from African startups, research institutions, and global tech companies.

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“Speakers are expected to include top government officials, executives from major technology firms and fintech startups, representatives from international development organisations, and thought leaders in digital innovation and policy.”

‘AFRICA FACES DIGITAL INFRASTRUCTURE GAPS’

Adedayo Oketola, team lead of the AFDEIC organising committee, said despite rapid fintech, e-commerce, and AI-driven advancements, Africa still faces significant digital infrastructure gaps.

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He said many rural Africans lack internet access, with millions still unable to benefit from digital financial services and e-learning platforms.

“This disparity hinders the equitable distribution of opportunities associated with the digital economy and draws attention to the urgency for targeted interventions,” Oketola said.

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“AFDEIC 2025 would be a defining moment for Africa’s digital economy, offering stakeholders an opportunity to engage with policymakers, explore AI’s role in economic inclusion, and forge strategic partnerships that could drive investments in digital infrastructure, cybersecurity, and fintech.”

Oketola noted that AFDEIC 2025 will explore how AI can be harnessed responsibly and equitably to accelerate development across the continent.

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He added that another critical focus area of AFDEIC is cybersecurity, an increasingly pressing concern in the digital age, with risks of cyberattacks, data breaches, and financial fraud.

“Addressing these threats requires comprehensive strategies that include robust legal frameworks, capacity building for cybersecurity professionals, and fostering a culture of digital security awareness,” Oketola said.

“AFDEIC 2025 will provide a platform for stakeholders to share best practices and innovative solutions to enhance Africa’s resilience against cyber threats.”

Adetoun Tade, marketing lead of AFDEIC, said the African digital landscape is evolving rapidly, with AI, mobile payments, and blockchain technology reshaping industries from banking to healthcare.

“AFDEIC is where to stay ahead of digital trends that will define Africa’s economic future,” she said.

Tade said businesses interested in showcasing innovations, hosting workshops, or exploring investment opportunities in Africa’s digital economy are encouraged to participate.

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