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Browsing: Robotics
The age of robots is here and in full throttle Africa is embracing this technology, pertinently in the rapidly evolving warehousing and logistics sector. Industrial robots are set to take over this lucrative field, performing various tasks and automating warehouse and storage processes. The global industrial robots market size is set to grow at a compound annual growth rate (CAGR) of 14.7% to $6.18B in 2023 from $5.39 of 2022. At breakneck speed Africa is drawing deeper into the whirlpool of the fourth industrial revolution (4IR); marked the rapid proliferation of robotics and Artificial Intelligence (AI) startups in the continent. In light of this, the Uniccon Group based in Nigeria made an indelible mark in November 2022, by building Africa’s first humanoid robot, a 6-foot-tall multilingual human-like robot called Omeife, launched by Vice President Yemi Osinbajo.
The need for industrial robots in the warehousing and storage market, has been prompted …
Modern technologies increase skill premiums and thus can worsen income inequality by replacing low-skilled manual jobs…
Most workers in East Africa fall in these primary and secondary sectors with a high risk of automation.…