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Next Wave: Is Nigeria ready for the AI revolution?

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bigcabal.com

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joseph.olaoluwa@bigcabal.com

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Sun, Apr 14, 2024 02:09 PM

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Structural challenges are holding Nigeria from winning in AI A stock photo illustrating AI ---------

Structural challenges are holding Nigeria from winning in AI [Read the newsletter in your browser.](=.bhOlBFScQHS63hcnoB0Adjgy8qF-5awzKgTrshr9pO8) [Cet article est aussi disponible en français](=.PfPPgZVNdPM5LOEiKWKYFyUBqR5sdI6MneejkU07uKE) [Next Wave Logo] 14 April, 2024 Is Nigeria ready for the AI revolution? [A stock photo illustrating AI. Credit: LinkedIn] A stock photo illustrating AI --------------------------------------------------------------- Nigeria still has structural challenges holding it back from winning in AI. But all hope is not lost yet. Artificial intelligence (AI) is expected to add $15 trillion to global GDP by 2030, boosting countries' growth by 25%. Where does this leave Africa? So far, [nine](=.MHiqXwmCOO3vHdPNT4ZkZRI1pc-Y68UKH6hAVCTccJU) African nations—Benin, Egypt, Ghana, Mauritius, Rwanda, Senegal, Morocco, Sierra Leone and Tunisia—have drafted national AI strategies, representing only a handful of African nations eager to thrive in the area. A good AI policy must clearly outline governance practices around data collection, management, protection and storage. Data protection is the foundation of solid AI policymaking, however, only 36 out of 54 African countries have established [formal data protection regulations](=.sheFDdqd8fEjdNP1gekqgC_a7jkm0XEMwFCdaL6e9lY). A third of African countries do not have data protection laws. Chart by Stephen Agwaibor, TC Insights The introduction of AI has both benefits and risks. AI could worsen overall inequality, a troubling trend that policymakers must proactively address to prevent the technology from further stoking social tensions. It has the tendency to fuel misinformation via deepfakes and use creators' works without attribution. This is the reason government institutions around the globe are [introducing or revising policies](=.79osiF9wbbp79FsBpLiwkGd7l3hkUQ_v7kc3xQoKpT8) to regulate some of the risks that AI poses, ensuring a saner society that will benefit all. Next Wave continues after this ad. [TechCabal Presents The Algorithm] The Algorithm is a TechCabal vertical that focuses on the backend of the creator economy. We’ll bring you stories that delve into the creation process, the business of being a content creator, interviews with creators, and everything else about online creators! [Read our latest story here.](=.H3w9_Jzc6akKFjD6_tK9Ka4lT84qwehmfWm1qosy5v0) At the moment, Nigeria is putting together its own AI strategy. This is not the first time it is doing so. In 2022, the then minister of communications and digital economy, Isa Pantami, put together the first National Artificial Intelligence strategy [draft](=.Jp-oFSwKblgM6CL16khvS7gyzD83iN_lszNF5Bj7pIk), a 190-page document, which was eventually not acted upon. It remains to be seen what plans Pantami’s successor, Bosun Tijani, has for the strategy document. Meanwhile, Tijani recently invited [120 AI researchers](=.jew86VwAvkViUy8w39PHx3G6Tgt3RmjZDwRv6eFeBXI) and practitioners to Abuja, to co-create a comprehensive national AI strategy. The meeting is set to happen between April 15 and 18. The Nigerian challenge The great challenge with building AI is infrastructure, one that Nigeria doesn't have. For AI to work, it needs the following elements: compute, data and manpower. None of these three are easy to get. Despite boasting of over 400 startups, Nigeria is still lacking skilled AI researchers and data analysts. Recently, a researcher faulted the ministry of communication's desire to train [50,000 persons](=.9hl9M1UCbwjIQALJXRJvF023YHykj40Eduyb0g6TURA) in AI, stressing that that number is still inadequate for the numerous use cases Nigeria could exploit with the technology. Next Wave continues after this ad. [GITEX Africa] GITEX Africa returns a second time on May 29–31, 2024 to Marrakech, Morocco, discussing ways to accelerate the continent’s digital health revolution. GITEX is the continent's largest all-inclusive tech event renowned for uniting the brightest minds in the technology industry [Grab your tickets here](=.gerUwWtPr2svesLfkhPK3C19gqTWddDpyTlU2ubePMw) Drawbacks like this are the reason why many Nigerians are not optimistic about the growth of AI in the country. Tijani has been criticised for getting his [priorities all wrong](=.F7bplsvyVP_mZPvkYMqxGKNt2O3umV7eo4Q0GMif6-o). Still, some optimistic AI experts argue that despite some of these challenges, AI can thrive in Nigeria. Some use cases There are many use cases for AI in various fields like finance, national security, healthcare, criminal justice, transportation and smart cities. A low-hanging fruit for AI models in Nigeria revolves around customer care, healthcare, edtech and lending. Many banks and fintechs have easily adopted the chatbot function as auto responders, which seems like one of the easiest features to adapt. AI can work in medical diagnosis, collating medical histories and predicting the possibility of an ailment. In lending, AI is great at determining whether a lender is creditworthy or not. AI can also predict the right educational outcomes in teaching and scoring. Next Wave continues after this ad. [MarkHack3.0] GDM Group & Eko Innovation Centre announce MarkHack 3.0! Calling startups in AI, blockchain, VR to shape Africa's media future. Network & win accelerator access. [Apply now](=.jkDhXe6Y7bKJw71e1emV3WVOtnahg3jBCdnHEqYbxlA) The importance of assessing Nigeria’s (and by extension the continent’s) readiness for AI is so that we can avoid a consumerist approach to the technology. AI represents an opportunity for Africa to rise and take ownership of advancing the technology. With a population of [millions of young people under 30](=.7HoTHSTd_qr-huq7zV5eRNwznWOHe6TDahg1QHIQSKA), there is a lot that Africa can do beyond just relying on InstaDeep as the poster boy for anything AI on the continent. Joseph Olaoluwa Senior Reporter, TechCabal Thank you for reading this far. Feel free to email joseph.olaoluwa[at]bigcabal.com, with your thoughts about this edition of NextWave. Or just click reply to share your thoughts and feedback. --------------------------------------------------------------- We'd love to hear from you Psst! Down here! Thanks for reading today's Next Wave. Please share. Or subscribe if someone shared it to you [here](=.VTdPK87k9MKeQoZl4OSVJ0hyoNN5PP4Z3I8qdI8b9FA) for free to get fresh perspectives on the progress of digital innovation in Africa every Sunday. As always feel free to email a reply or response to this essay. I enjoy reading those emails a lot. [TC Daily newsletter is out daily (Mon - Fri) brief](=.MHj73PYT6MDjEIvdyNowjQkhPpVpOuhhap3cizpWEDo) of all the technology and business stories you need to know. Get it in your inbox each weekday at 7 AM (WAT). Follow TechCabal on Twitter, Instagram, Facebook, and LinkedIn to stay engaged in our real-time conversations on tech and innovation in Africa. If you liked this edition of Next Wave, please share with your friends. And feel free to reply with thoughts and feedback. We welcome those. =.h4qJhG8eTBWuJdQGPr3YjKKks_S1Gc2d67UZXRwoev4 =.QmCr9AoZxLJQR8AvqnE8mxOMNAo4xEXdnxMHX6VR8YA =.db4OxrfILJsH8UjEGK2hhVSMxuMAjyhBSjCIPzErd1k =.spSwKT7-rHKp2XT6-_io7bBz3apFE_4ONGlN_a6igkI =.O-tGY9pLLHJ4ayyeXVqIynE6XVsLZK9iyTESP5BZsNA # # # # # 18, Nnobi Street, Surulere, Lagos, Nigeria [View in Map](#) You received this email because you signed up on our website or made purchase from us. If you know longer wish to recieve these emails, please [unsubscribe](=.-Z1vIv632nyhkjsIsFwowvg63oTmDdWj3ryGevdxxAs)

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