Public Management

More than 40% of jobs can be automated in 5 African countries (Report)  

Friday, 14 April 2017 16:43

Should Africa be concerned automation? Well, according to a study conducted by the McKinsey consulting firm published in the Harvard Business Review, between 41% and 51.9% of professional activities could be automated in five of the continent’s largest economies namely Kenya, Morocco, Nigeria, Egypt and South Africa.

The study which overviews 46 nations, worldwide, gathering 80% of the globe’s workforce, states that automation and artificial intelligence (AI) could replace 1.2 billion full-time jobs which represent a mass salary of $14.6 trillion. China, India, Japan and the U.S. alone regroup half of this mass salary and two-third of the jobs that might be automated. With 700 million workers, China and India might feel the impact most in case the revolution takes place.

While automation could contribute to a 0.8%-1.4% increase in annual growth rate, its impact on the major economies of the world will, by 2065, be the same as if 1.1 to 2.2 billion full-time jobs were added to the global labor force.

Automation will help developed economies maintain their actual living standards as it will counter the aging population and low birth rate issue which these countries currently record. In emerging nations, it will boost contribution in addition to solving the aging population issue. As for emerging countries with young populations, which include African countries mentioned in the study, automation will improve their living conditions as well production.

However, the study states that the revolution will not take place without challenges. Its concretization will depend on various politics, access to technology as it is not always less costly than human labor in some countries. Moreover, some might not well perceive the change.

Ranking of African countries by proportions of jobs that may be automated regarding to actually available technologies.

Kenya: 51.9%

Morocco: 50.5%

Egypt: 48.7%

Nigeria: 45.7%

South Africa: 41%

Aaron Akinocho

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Jiangsu Yunyi Electric will build a wholly owned automotive components plant in Morocco. The project will require an investment of $66 million,...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2024. The deal aligns with IMF-backed reform targets...
Cameroon to tax foreign online platforms from Jan. 1, 2026 Non-resident firms face 3% minimum levy or 30% corporate tax Reform targets...
Partnership targets financing, financial inclusion, business formalization Pilot formalized 343 firms; nationwide programme targets 5,000...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
03

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
04

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
05

Partnership targets priority projects, startup support and skills training Deal aligns with...

Gabon Signs MoU With Huawei on Digital Economy Push
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.