Webb Fontaine announces Important Investments to Open an Artificial Intelligence R&D Centre in Africa

PUBLISHED: Tue, 01 Dec 2020 13:47:27 GMT
Share

Content provided by APO Group. CNBC Africa provides content from APO Group as a service to its readers, but does not edit the articles it publishes. CNBC Africa is not responsible for the content provided by APO Group.

Webb Fontaine (www.WebbFontaine.com) has announced crucial investments into Africa with plans to open an Artificial Intelligence Research and Development Centre on the continent. The move aims to answer to an important demand by Governments globally, to implement AI-powered solution for Trade.

The R&D Centre was announced by Webb Fontaine founder and Trade Technology Innovator, Jean Gulbenk Gurunlian, during the inaugural Bloomberg Invest Africa online event held this week.

“There is talent in Africa, particularly in technology innovation, but we need more. Webb Fontaine is testament to this with several African led and staffed offices across the region. We are witnessing an age of tremendous advancement across the African continent whereby a wave of digital transformation, new ideas and ways of working are transforming the Trade and Customs landscape.

Webb Fontaine’s new R&D Centre will contribute to this by growing and nurturing fresh local talent, of which there is no shortage in the region, and supporting local governments to drive economic growth powered by the latest innovations and technology. Africa’s top talent will not only develop solutions to benefit the African continent, but will build AI applications to be used across the world, contributing to Webb Fontaine’s global mission.”

Since its foundation, Webb Fontaine has strived to evolve the Trade and Customs industry and support governments to improve, facilitate and streamline their processes. The new Centre will be home to large AI engineering teams developing Webb Fontaine’s next generation AI and machine learning capabilities. Webb Fontaine currently has 5 industry leading R&D centres across the world.

Distributed by APO Group on behalf of Webb Fontaine.

About Webb Fontaine: Webb Fontaine (www.WebbFontaine.com) is an AI company re-shaping the future of Trade. Trusted by governments globally, Webb Fontaine provides industry wide solutions to accelerate trade development and modernization. The company uses unique technology including Artificial Intelligence to enable countries to emerge as leaders in the future of trade.

Knowledge transfer is at the core of Webb Fontaine; comprising a team of experts who work across the world, empowering local communities and governments.

As an industry leader with the largest R&D centres in the industry, Webb Fontaine is constantly developing international trade practices connecting countries, borders and people.

For more information visit www.WebbFontaine.com.

Media filesDownload logo

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.