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22 % Sub Saharan enterprises expect large scale AI integration
In a world full of uncertainties, Africa’ s business leaders stand out with their resilience. Their experience in handling complex challenges have assisted them in gaining a competitive edge in today’ s global market. The 28th Annual Global CEO Survey, includes insights from leaders in Sub-Saharan Africa, and shows resilience has blossomed into optimism.
PwC’ s 28th Annual Global CEO Survey with Sub- Saharan Africa perspective included a total of 245 weighted responses for the Sub-Saharan Africa analysis. The respondents in this survey are based in Sub-Saharan Africa including Eastern, Western and Southern Africa, excluding Northern Africa.
As Sub-Saharan Africa CEOs drive their reinvention agenda, technology particularly AI, is emerging as a key enabler of transformation. The data shows that business leaders are preparing for significant AI integration, with a substantial portion of companies planning extensive AI adoption in their business processes and technology platforms:
22 % of organisations expect AI to be integrated to a large extent and 7 % anticipate very large-scale integration. This suggests that AI is not merely a supporting tool but is becoming deeply embedded in the strategic planning and decision-making processes of companies in Sub-Saharan Africa.
Similarly, 33 % of companies foresee large-scale AI integration into their technology platforms, with 13 % expecting very large-scale integration. This indicates a strong commitment to leveraging AI to enhance operational efficiency and technological capabilities.
The integration of AI and technology is an important part of business model reinvention for these CEOs. By incorporating AI into their strategies, product development, processes, technology platforms and workforce management, companies can innovate, improve efficiency and become more resilient. This approach helps businesses in Sub- Saharan Africa to navigate global market complexities and achieve sustainable growth.
In today’ s dynamic market, business leaders must go beyond traditional strategies to stay competitive. They need to navigate global shifts, enhance customer experience, make strong decisions and embrace technologies like AI while adapting key processes.
By staying agile and responsive to market trends, businesses can identify new opportunities and mitigate risks. Ultimately, these efforts will ensure not only survival but also thriving success in an ever-evolving business landscape.
While businesses in Sub-Saharan Africa show slightly lower AI adoption rates compared to global figures, 75 % vs 83 % globally, the impact data reveals encouraging signs of effective implementation. These companies are seeing notable gains in efficiency, with 56 % reporting increased employee productivity and 53 % noting improvements in executive time management, both comparable to and exceeding, global benchmarks.
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