The Minister of Finance Dr Mohammed Amin Adam has explained that Artificial intelligence (AI) is forecast to contribute up to US$15.7 trillion to the global economy by 2030, of which US$1.2 trillion could be generated in Africa, thereby making AI one of the biggest economic opportunities available to our Continent. He said that Ghanaian authorities intend […] The post AI:
By Prof. Samuel Lartey In the annals of human progress, each epoch witnesses the emergence of tools and technologies that redefine societal structures, from transportation and agriculture to administration and education. Today, Artificial Intelligence (AI) stands at the forefront of this evolutionary march, particularly in the domains of education, research, and development. While some view […] The post
Barbara Okai-Tettey, Senior Compliance Manager at Stanbic Bank Ghana has emphasized the need for collaboration between the financial service industry and regulators to enhance the evolving use of AI in transaction monitoring. She made this statement at ‘The Fintech & Banking Event’ hosted by fintech software company, ThetaRay, at the Kempinski Hotel Gold Coast City, […] The post
Europe faces a challenging year ahead. The confluence of several disruptive factors – geopolitical conflict, rising inflation, economic uncertainty, increased regulatory pressure and, last but by no means least, the impact of new technologies – will undoubtedly test leaders to the limit in the coming year. Speaking with business leaders across the region, several common […] The post
Former Minister of Environment, Science, Technology, and Innovation, Professor Kwabena Frimpong-Boateng, has vehemently denied claims of making predictions about the possibility of several people dying from heart diseases. He complained that some individuals have been using not only his pictures but also AI-generated voices purported to be him to sell fake drugs and nutritional supplements. […] The post I’ve
In light of the significant opportunities that Artificial Intelligence (AI) holds for fostering sustainable growth and development in Africa, government has taken steps to oversee and regulate the technology’s utilisation within the country. Currently, improved digital connectivity, growing data volumes, advanced algorithms and enhanced computing power are driving technological progress in AI. Against this background, […] The post
With Africa’s increasing adoption and use of new technologies, and recent interest in generative Artificial Intelligence (AI), experts at the 2023 Data Protection Africa Summit have stressed the need for more efficient data protection and privacy regimes. They joined voices in calling on data controllers, users and processors of personal data to be prudent in […] The post
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