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Home Technology

Africa Tech Forum 2024 Tackles Innovation, Investment Across Africa

by Felix Tih
22/11/2024
in Technology
Reading Time: 2 mins read

Keynote and Panels Address AI, Crypto, Financial Inclusion, and Venture Capital

KIGALI, Rwanda (BG) – The Africa Tech Forum 2024 concluded with a series of thought-provoking sessions and panel discussions to address the continent’s technological, financial, and workforce challenges, while exploring pathways for sustainable growth and innovation.

Held in Kigali, the event gathered industry leaders, policymakers, and investors to examine Africa’s evolving role in the global tech ecosystem.

The forum opened with a keynote address by Ibrahim Yusuf, AI Research Engineer and Team Lead at InstaDeep, on “Africa’s Tech Ecosystem and its AI Objectives.” Yusuf highlighted the transformative potential of Artificial Intelligence in driving Africa’s digital transformation and tackling key challenges, positioning the continent as a future leader in AI innovation.

One of the focal points of the forum was the panel discussion titled “The Race Towards Financial Inclusion in Africa,” which brought together experts from banking and fintech. The panel explored the use of emerging technologies to expand access to financial services across Africa. Strategies for building consumer trust and addressing security concerns in digital payments were also emphasized.

Another session, “Future of Africa’s Talent Market,” examined strategies for workforce development to meet the demands of a rapidly changing global economy. Panelists discussed the impact of artificial intelligence and automation on job creation in Africa and stressed the importance of upskilling and lifelong learning to prepare for workforce uncertainties.

The forum also tackled emerging technologies in the session “Africa’s Future and Crypto Adoption,” where panelists explored the potential of crypto, Web3, and DeFi to revolutionize Africa’s financial sector. Discussions highlighted the opportunities these technologies present, along with challenges related to regulation and security, while calling for supportive frameworks to ensure sustainable growth.

In the session on venture capital, “Venture Capital Investing in Africa Amidst Turbulent Macroeconomic Conditions,” industry leaders shared insights into navigating economic uncertainties. They urged founders to adopt resilient business models and explore diverse funding avenues to maintain impact-driven operations.

The Africa Tech Forum concluded with a renewed focus on fostering collaboration across sectors to unlock Africa’s potential as a global tech powerhouse. From artificial intelligence to financial inclusion and venture capital, the event underscored the importance of innovation in shaping Africa’s future.

By Felix Tih

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