Key Developments

Dubai and South Africa Launch AI Investment Hub to Link Africa with Global Markets

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A new AI-focused trade and investment hub has been launched through a partnership between the Dubai Centre for Artificial Intelligence (DCAI) and the South African Artificial Intelligence Association (SAAIA).

This cross-border initiative is designed to support startups and strengthen collaboration among AI economies in Africa, the Middle East, and Europe.

With its strong infrastructure and global connectivity, Dubai will host the hub as the Middle East’s entry point, supported by the Dubai Future Foundation (DFF) under the guidance of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

The partnership offers African technology companies a unique chance to access new markets and funding, addressing two major challenges: limited capital and restricted access to international markets.

The hub aims to help early-stage ventures grow and connect with global partners, investors, and business networks.

Saeed Al Falasi, Director of the DCAI, emphasized the importance of international cooperation in AI development.

“Artificial intelligence is transforming global opportunities. This partnership enables the movement of skills, resources, and ideas across continents, shaping an inclusive and forward-looking AI future,” he said.

Dr. Nick Bradshaw, the founder and chairperson of SAAIA, highlighted the critical role this collaboration will play for Africa’s AI community.

“While investment in AI is increasing in Europe and the Middle East, African startups still lack the support they need to thrive. This partnership changes that by creating real access to funding and global markets,” he said.

Dr. Bradshaw further explained that the initiative is more than a symbolic effort.

“It’s a functioning platform for cross-continental AI trade and investment. Dubai’s participation gives the project global reach and boosts its momentum,” he added.

He also pointed to recent successes, such as the $628 million acquisition of Tunisian AI firm InstaDeep, as evidence that Africa can compete globally in the tech space.

The hub will provide services such as connecting startups with investors, supporting business growth, and encouraging the sharing of knowledge across borders.

Its core mission is to support responsible and inclusive development in the AI space, ensuring that innovators from emerging economies can take part in shaping the global tech future.

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