Browsing: technological advancements

2024 Grantmakers Summit
  • The Japanese paint company will use Kenya as its gateway to the regional market
  • NIPSEA Paint Kenya, the company will introduce products for automotive refinishing, car care, wood coating, and industrial coatings.
  • The rise in infrastructure projects, including residential, commercial, and industrial developments, has fueled the demand for a wide range of paint products.

Japanese paint company Nippon, the world’s fourth-largest paint company coatings group in Asia Pacific, has expanded into Kenya as it targets to grow market share.

Through its Kenyan subsidiary, NIPSEA Paint Kenya, the company will introduce products for automotive refinishing, car care, wood coating, and industrial coatings.

Working through a distributorship model, Nippon Paint is setting Nairobi as its regional hub, before setting up in-country operations in the respective East African countries.

“We are eager to establish our presence on the African continent through Nairobi and East Africa. Over the past two years, we have

  • Artificial Intelligence (AI) integration into various industries has sparked a wave of both anticipation and concern among employees.
  • As AI and automation become prevalent, new job categories and roles emerge.
  • Cultivating interpersonal skills and collaborating effectively with technology to drive innovation and achieve successful outcomes in the future workplace is key.

Artificial Intelligence and automation in the business landscape

Artificial Intelligence (AI) integration into various industries has sparked a wave of both anticipation and concern among employees. As Artificial Intelligence evolves, employees express growing apprehensions about its impact on job security and overall well-being. 

AI and automation are revolutionising the workforce, paving the way for a new era in employment. The adoption of artificial intelligence in automated technologies is poised to transform the job market. Organisations are turning to AI to improve operations and efficiency and stay competitive and relevant in a rapidly evolving landscape.

With the rise of AI

  • Africa’s agribusiness sector is undergoing significant transformations driven by population growth, urbanisation, technological advancements, and shifting consumer preferences.
  • Alongside their role in stimulating economic growth, agribusiness and agro-industrial development have the potential to reduce poverty and foster social and economic growth. 
  • Technological advancements and digital transformations are revolutionising agribusiness in Africa, offering transformative opportunities.

Africa’s agribusiness sector potential

Agribusiness in Africa is undergoing significant transformations driven by population growth, urbanisation, technological advancements, and shifting consumer preferences. As a continent with abundant agricultural resources, Africa holds immense potential for agribusiness development.

African economic growth remains commodity-based, mainly on commodity exports, with minimal processing and value addition involved. To foster sustainable and inclusive growth and development in Africa, there is an urgent need to promote a new development approach based on exploiting the continent’s full agribusiness potential.

Some pressing issues call for a reorientation to support agribusiness and agro-industrial development, namely, poverty …

According to John Howkins, the orange economy incorporates industries whose goods and services arise from intellectual property. These include research and development, radio and TV, visual and performing arts, publishing, advertising, music, software, gaming, design, film, crafts, architecture, fashion, and design. Artists, cultural non-profits, and creative businesses can produce and disseminate goods and services that generate jobs, revenue, and quality of life.…

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