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
Cemac developing system to track informal cross-border trade data Regional workshop trains experts on mapping flows and estimating...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital Guinea launches rights issue; Sovereign Trust awaits NGX approval Raises aim meet...
Adenia Entrepreneurial Fund I (AEF) secures $180 million in its first close, exceeding its $150 million target. The fund targets...
Bank of Ghana lowers its policy rate by 150 basis points to 14%, the lowest since July 2021. The cut reflects improving macroeconomic conditions...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...

BOAD to Mobilize $1.3 Billion in Support of Burkina Faso 2026-2030 Development Plan
05

Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...

Algeria-based Yassir expands into media distribution in France with planned acquisition of Kawarizmi
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.