artificial intelligence technologies Archives

15Oct

By Africa BusinessNo Comments

Energy, Nigeria News

PAM Africa Hosted Inaugural PAMDAY Event Showcasing Innovations in Renewable Energy

Lagos event highlighted groundbreaking solutions aimed at addressing Africa’s energy challenges In a significant step towards addressing the continent's energy needs, PAM Africa successfully hosted its inaugural PAMDAY event at the PAM Centre in Lagos yesterday. This highly anticipated gathering brought together top professionals and stakeholders in the renewable energy sector to showcase PAM Africa’s latest innovations. The PAMDAY event featured a diverse array of activities aimed at highlighting the company's flagship innovations, including PAM Solar, So-Cool, Net Zero Village (NZV), PAM-Ai, and Solar Battery Hub. Each innovation is designed to tackle specific energy challenges faced across Africa, from enhancing access to cooling to optimising energy consumption through AI technology....

6Oct

By Africa BusinessNo Comments

Events, South Africa News, Tech

Johannesburg Welcomes Africa’s Largest AI Event & AI4Good Summit

Africa’s largest Artificial Intelligence & Intelligent Automation event, AI Expo Africa, will be running its highly acclaimed conference & trade show at the Sandton Convention Centre, Johannesburg, South Africa 30-31 October 2024. Now entering its 7th year, the annual AI Expo Africa event unites regional and international thought leaders, suppliers and start-ups to discuss and showcase the latest AI & Smart Tech innovations, from the biggest global brands to the smallest and newest local SMMEs. The core focus of the show are real world applications you can deploy today with an audience comprised of Enterprise and Government buyers, deployment & service providers, start-ups, educators, NGOs, investors and ecosystem builders. Nonnie Kubeka, Executive Director of the Gau...

13Sep

By Africa BusinessNo Comments

Business, Main

Why Africa’s Approach to Financial Risk Management Needs to Change

By Reggie Mlangeni, Head of Sales and Structuring at Absa Corporate and Investment Banking When detached from the intricate realities of Africa’s economic environment, financial risk management strategies that may prove successful elsewhere often falter. For nations grappling with rising levels of sovereign debt, unpredictable regulatory uncertainties, and the far-reaching repercussions of political transitions, traditional frameworks, often borrowed from more stable economies, fail to account for the volatility and complexity inherent in many African markets – necessitating a re-evaluation of how financial risks are quantified and managed on the continent. Recent developments in several countries have been particularly illustrative of this. In Ghana, faced with substantial revenue co...

24Jul

By Africa BusinessNo Comments

South Africa News, Tech

Security, Ethics and Opportunity – AI in South Africa

Jacques du Bruyn, Managing Director at Flume Digital Marketing Don’t panic – AI isn’t coming for your job. What it is doing is delivering new opportunities, creating new jobs and making work simpler for millions of people. Like the viral quote from Joanna Maciejewska about wanting AI to do the laundry and dishes so she can work on art, rather than having it create art and writing so she can do the housework – which has been interpreted many ways – the opportunity can work both ways. Take the Gap You can work hard to understand how AI operates and get to the front of the Prompt Engineer queue, capitalising on an opportunity to be the person who is able to prompt AI to deliver the specific result – an image, music, video, research or copy – that a client needs. You can also use AI to del...

4Jun

By Africa BusinessNo Comments

Tech

AI’s double-edged sword requires a human security approach

Artificial Intelligence (AI) has ushered in both promise and peril for organisations needing to combat cyber threat actors. As ESET Southern Africa Chief Technology Officer, Adrian Stanford, notes, “AI is reshaping the battlefield between cyber attackers and defenders, offering new tools to both sides.” The double-edged generative AI (gen AI) sword can be used by malicious actors to craft sophisticated phishing emails, spam, and disinformation campaigns, amplifying the scale and effectiveness of cyberattacks. However, defenders can also harness AI for threat intelligence research, improved threat detection capabilities, and streamlined incident response. It's a battle of wits and algorithms, where innovation is the currency. AI cybersecurity is surging According to the World Economic Fo...

22Jan

By Africa BusinessNo Comments

Tech

Unlocking AI’s potential in 2024

Tarsus on Demand highlights the importance of leveraging AI properly in 2024, and how BI can provide the vital clean data for such solutions to work effectively. 2023 has seen the phenomenal rise of generative artificial intelligence (AI), the latest in a long line of AI technologies designed to help organisations to improve their business. And there is little doubt that the promise AI holds is vast - from streamlined operations and personalised customer experiences to groundbreaking innovations. As with any new technology, the hype around it is as large as its potential business benefits. Despite this, an increasing number of organisations are making efforts to implement it into their business processes. The critical challenge with such implementations, explains Othelo Vieira, Technica...

18Dec

By Africa BusinessNo Comments

Tech

Building trust amidst suspicion: The impact of AI on business and society

By Wayne Toms, CEO of Ghostdraft Hardly a day passes without someone, somewhere, speculating about artificial intelligence (AI) and whether we, as businesses and society at large, can and should trust the technology. While much of the fear mongering is based on hearsay and outright speculation, there certainly are legitimate concerns. However, businesses and consumers have more than enough reason to believe — and trust — AI’s ability to add significant value to their processes and lives. Customer communication management (CCM), infused with complementary AI, has literally shifted the goalposts for what businesses can achieve with personalised, accurate and compliant customer communication at scale. On the other hand, screaming headlines work people into a state. Rumours have surfaced ...

20Mar

By Africa BusinessNo Comments

Tech

Will AI replace software developers?

Since its launch in November last year, the artificial intelligence chatbot ChatGPT has had a massive impact in just a few short months. Already, some schools have banned it as students quickly employed the bot to take shortcuts in their schoolwork, while debates rage on whether the bot will or won’t replace copywriters. It can also write code – so well, in fact, that when Google fed it a series of coding interview questions, its answers would have qualified it for an entry-level engineering position with annual compensation of USD$183,000. But Saša Slankamenac, Architect at Dariel Software, doesn’t agree with the fears that AI will replace software developers. “In my view, AI is not coming for anyone’s job. These concerns crop up with every major new technology that’s released, and whi...

22Oct

By Africa BusinessNo Comments

Tech

The future of work

With new technology such as AI support and smart cameras, the workplace of the future can be anywhere In what felt like the blink of an eye, the work landscape was transformed as the pandemic spread across the world in 2020. Entire workforces went mobile, seemingly overnight, while organisations bolstered existing remote working processes. And when the world emerges on the other side of this life-altering event, it won’t revert to the way things were before. By some estimates, 70 percent of the workforce will work remotely at least five days a month by 2025. Even in South Africa, where face-to-face meetings, office models and in-person communication has long been the standard, a hybrid model – a combination of remote and on-site working – will likely be the answer in the future, s...

2Sep

By Africa BusinessNo Comments

South Africa News, Tech

Is Johannesburg The City of “AI” Gold?

Recently announced research by the AI Media Group, Cape Town, South Africa, points towards Johannesburg fast becoming the continents Artificial Intelligence (AI) Tech Capital of Africa Launched in early 2018 the AI Media Group set out to create a new hybrid analysis, trade & advisory operation to build one of the largest communities of technology practitioners discussing the application of AI / 4IR technologies in a business context on the African continent. Dr Nick Bradshaw, Founder and CEO of AI Media stated, “One of our key goals was to assess and showcase the growing emerging market opportunity in the Africa region for this particular technology category. When we started this journey there was literally zero, or at best, fragmented data on the companies and people driving this s...