Friday, November 22African Digital Business Magazine

Tag: 4IR

Business, Ghana News

Game Changers: How Athletes’ Sports Skills Can Help Promote Economic Development in Ghana’s Oil Industry

By David Lavallee and Ruth Lavallee The Ghanaian oil sector stands on the cusp of an unprecedented skills crisis and there is an urgent need to find innovative solutions. The significance of human capital is escalating and will eventually surpass financial capital in terms of economic drivers within the oil industry  [1]. Sustainable growth depends on Ghana’s workers having the competencies that employers need in an increasingly skills-driven economy. There is, however, significant skills gap in the industry and the shortage of skilled workers will only become greater in the coming decade [2].  Identifying untapped skills within the existing workforce could be one way to help address these issues in the oil sector. Workers who previously competed in sports to an elite level could be a re...
Tech

More than technology, 4IR is Opportunity

The workforce has been transformed by increased 4IR technologies and will continue to do so for the future,  which means we need to prepare people with the right skills development and education to seize the opportunities it presents says Rebatho Madiba, Business Development Digital Platform Solutions at BCX. The Fourth Industrial Revolution (4IR) has impelled a transformative journey that is redefining the very nature of work across industries.  Driven mainly by the speed of adopting new and emerging technologies, however, we all agree that people remain at the core of these transformations. 4IR is driving the need for new skills and developing those new skills is one of the greatest challenges presented to CEO’s. According to the World Economic Forum's (WEF) 2023 Future of Jobs Report,...
Events, Tech

Demand surges for 4IR tech as 4,600 register for Africa’s largest AI trade event

AI Expo Africa — the continent’s largest annual gathering of buyers and suppliers of Artificial Intelligence (AI), Robotic Process Automation (RPA) and Fourth Industrial Revolution (4IR) smart technologies — is set to have its biggest edition this year as 4 600 delegates and several international and local sponsors have already registered to attend the trade show and conference which takes place between 7 to 9 September. AI Expo Africa 2021 ONLINE will mark the fourth edition of the annual trade event. Dr Nick Bradshaw, AI Media Group CEO and AI Expo Africa founder, pointed out that this year’s event will — like last year’s edition — also be held online to circumvent COVID-19 event restrictions. “Based on the early interest in AI Expo Africa 2021 ONLINE, we know our community likes the eve...
Immense impact of 4IR technologies on African economies to be addressed through South African lawyer’s World Economic Forum’s Centre for the Fourth Industrial Revolution fellowship
Fintech, South Africa News

Immense impact of 4IR technologies on African economies to be addressed through South African lawyer’s World Economic Forum’s Centre for the Fourth Industrial Revolution fellowship

Ashlin Perumall, Senior Associate at Baker McKenzie in Johannesburg, South Africa, has taken up the role of Fellow at the World Economic Forum's (WEF) Centre for the Fourth Industrial Revolution (C4IR) in San Francisco. As part of his C4IR Fellowship, Perumall has joined the blockchain and digital currency working group, working on the legal and policy considerations surrounding central bank digital currencies and stablecoins. Perumall was chosen to join the C4IR last year, from a wide range of global firm submissions. Perumall states that his reasons for taking up the fellowship are based on the immense impact the 4IR will have on the emerging African economies, ranging from the changing nature of work, to the impact of AI technologies and the future of digital currencies. “The developme...