AI Adoption, Innovation Ecosystems, and Economic Transformation in the Global South

Olaniyi Evans

Hequation Review, 2026, vol. 2, issue 2, 7-12

Abstract: Artificial intelligence is reshaping economic prospects across the Global South. This article examines verifiable evidence of AI ecosystem development in Brazil, Nigeria, and Kenya as representative cases, drawing on institutional data from the Stanford AI Index, GSMA, AfDB, OECD, and national policy documents. It finds that sovereign policy commitments are beginning to consolidate market signals but that a significant gap between adoption intensity and capital formation persists. Four sectors (health logistics, agricultural advisory, AI-enabled fintech, and African-language AI) show the most credible unit economics. Bridging the capital gap before 2030 is the decisive challenge for policymakers and investors alike.

Keywords: fuel subsidy reform; oil price transmission; fiscal consolidation; Dangote Refinery; Nigerian macroeconomic policyKeywords: artificial intelligence adoption; innovation ecosystems; digital economic transformation; Global South; technology governance (search for similar items in EconPapers)
JEL-codes: G24 O33 O38 O54 O55 (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:heq:heqrev:v2y2026i2a2

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