Browsing: AI

How artificial intelligence will impact the South African workforce. www.theexchange.africa

CyborgIntell Africa says it will work closely with financial institutions and other enterprises to help them rapidly develop, deploy and operationalize AI applications at scale.

A statement says the CyborgIntell platform addresses the key challenges companies face in the data science/machine learning lifecycle – from data selection and modelling, and operationalizing AI, to managing risk and governance.

“AI is a powerful and transformative technology, yet many companies across the world find it difficult to unlock its full potential. More than a third (36%) of organizations take more than 90 days to deploy data science machine learning (ML) projects, while the failure rate of such initiatives is estimated to be 85% across industries,” said McLachlan, CyborgIntell managing director.…

One of the many lessons learned from the pandemic is that SMEs need to embrace digital transformation, not just to weather unplanned challenges but because it will help them be more competitive and stable. Digital enablement is not just a means of survival. It is a way for SMEs to conduct business more efficiently, which in turn can empower them to expand their operations and earnings further. 

Being nimbler than their big business counterparts, SMEs can quickly rethink their marketing strategies and adopt new technologies to enhance their offerings faster. Digital innovation provides extraordinary opportunities for SMEs. It empowers them to implement new market models, has a greater line of sight across their business, improves traceability, and meet their customers, service providers, and logistics partners, in many instances, all on the same page. 

In the digital trading space, solutions such as import/export platforms, automated cargo-tracking and digital reporting of non-tariff…

  • Digitalization brings new opportunities in trade and creates the potential to underpin resilience in times of crisis
  • The digital transformation of customs and borders in Africa could improve efficiencies in processes and yield trade gains on the continent of US$20 billion a year
  • Single Window can cross-check credentials for consistency and traceability, reducing errors and fraud

The digital transformation of customs and borders in Africa could improve efficiencies in processes and yield trade gains on the continent of US$20 billion a year.

Digitalization brings new opportunities in trade and creates the potential to underpin resilience in times of crisis.

The digital transformation of customs and borders in Africa could improve efficiencies in processes and yield trade gains on the continent of US$20 billion a year. With digital trade in place, pre-existing bottlenecks in infrastructure can be tackled, efficiencies can be leveraged, and Innovative solutions can be harnessed. However, countries in …

According to Frontiers, AI has been recognized to have a wide potential to reduce human workload or increase human capabilities in complex scenarios, but today it is evident that AI also has an important role in transforming our life by promoting more efficient existing services or new services.

AI is already contributing to a large spectrum of applications in Africa's aviation and air traffic systems, providing support to its managers (airlines/airport managers, air traffic management) and operators (pilots, air traffic controllers, airport operators, flow controllers).

Governments are focusing on contactless travellers’ experience hence there have been innovations in biometric authentication at airports. For instance, Kenya ruled out paper verification of COVID-19 test results and vaccination certificates upon arrival, sparking local airlines’ adoption of electronic verification processes.…

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The Zimbabwe Electricity Supply Authority (ZESA) is now legally able to incorporate drones in its infrastructure management. This announcement was made at an event the national power company held to mark its acquisition of a Remotely Piloted Aircraft Operator’s Certificate (ROC).

According to an article by Newsday published on June 15, 2022, speaking at ZESA’s drone technology certification ceremony in Harare Executive Chairman Sydney Gata said certification of the use of drone technology in their day-to-day operations is expected to improve service delivery.

“This will enable a quicker turn-around in fault finding and rectification resulting in the continuous and consistent provision of electricity to our customers. Drone technology will also assist ZETDC in its fight against vandalism and theft of electricity.”

ZESA is battling a myriad of challenges including incessant faults, mainly emanating from aging power distribution infrastructure. This has seen the country grappling with endless power cuts.…

According to the Future Market Insights report, around 9.2 billion tonnes of plastic have been manufactured globally, out of which only 9 per cent is recycled!

The technology helps to protect manufacturers and consumers against food and drug counterfeits. 

 With the plastic waste menace causing unprecedented damage globally, there has been an ongoing movement to discover and use alternative packaging materials, such as paper, glass, and metals.

The dilemma facing the world right now is that even the processes of creating plastic-free solutions often release more significant carbon emissions than conventional plastics.…

The governor of Lagos State, Babajide Sanwo-Olu, was the special guest of honour at the digital launch and reception to mark the landing of Equiano sea cable systems in Nigeria.

Nigeria marks Equiano’s second stop in Africa after Togo, with future landings expected in Swakopmund, Namibia, and Melkbosstrand, South Africa.

While speaking at the digital launch, Juliet Ehimuan, Google’s business strategy director in West Africa, said that the cable leverage state of the art technology to provide approximately twenty times more network capacity than the last cable built to serve the region.…

Over 25 per cent of Kenya’s insurance industry income is fraudulently claimed leading to insurers incurring heavy losses.

To counter this, Kenindia Assurance has taken steps to curb the fraud by incorporating Artificial Intelligence (AI) in its motor insurance claim processes.

The insurer is utilizing artificial intelligence to fast track its claims resolutions through the use of anomaly detection, sentiment detection, text analytics and a self-service portal.

Integrated Motor Insurance Data System

Kenindia Assurance Deputy General Manager, Joyce Mathenge, says that motor insurance is the main contributor to insurance fraud hence the need to develop mechanisms to lower their risks.

“With more Kenyans owing cars and motor insurance being mandatory, we find that having ineffective due diligence processes and a corruption culture usually leads to motor fraud. We have invested in artificial intelligence as well as continuing training our teams to enhance their abilities to detect motor fraud,” said …