Benedict Oramah: Africa Must Build Its Own AI Models, Not Just Supply the Data
Former President of Afreximbank, Dr. Benedict Oramah, has urged Africa to build its own artificial intelligence models rather than remain a supplier of data to foreign technology firms, stressing the
Former Afreximbank President Dr. Benedict Oramah has emphasized the importance of Africa building its own artificial intelligence (AI) models instead of merely supplying data to foreign technology companies. In an interview with Nume Ekeghe at the IMF/World Bank Annual Meetings in Bangkok, Oramah argued that Africa must prioritize economic independence and leverage its resources for growth.
He highlighted Nigeria's potential to utilize its cheap gas to power data centers, create technology parks, and attract investment. Oramah also stressed the need for massive infrastructure financing, industrialization, and deeper continental trade to drive growth and create jobs across the continent.
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