The Nigerian Naira plunged
31% against the dollar
, and the Kenyan Shilling lost 23% of its value in the past
few
months.
These top two worst performers in Africa in 2024 are the continent's top two
technology powerhouses. Therefore, while currency depreciation has had
microeconomic implications, it highlights the dire need to take a critical look at Africa's
innovation, technology, and AI ecosystem. Ory Okolloh, a prominent
Technologist, Kenyan Investor and Philanthropist, posted this on her
LinkedIn:

Her post represents the broader issue of access to computing in today's world
and raises the question of digital sovereignty, a catchphrase used in the push
for digital regulations.
In the first of a six-part
paper, we have developed a
framework through which we will contribute to Africans' discussions and
perspectives on the design, development, and governance of Artificial
Intelligence in Africa. This includes Data and Data Systems, AI Infrastructure,
Talent, and Market.