COVID-19 has accelerated the need for digitisation in the workspace – bringing both challenges and opportunities. In its latest future of work report, the World Economic Forum expects advances in artificial intelligence to eliminate 85 million jobs by 2025. In the same breath, the rise of machines is projected to create 97 million new jobs, leading to an overall addition of 12 million jobs. CNBC Africa spoke to Saadia Zahidi, Manging Director of the World Economic Forum for more.
This special broadcast on the topic: Why Investing in Digital Infrastructure Post-COVID-19 is Critical to Africa’s Economic Recovery” brings together prominent speakers from the four corners of Africa. It also sees the announcement of the Africa50 Innovation Challenge Finalists....
Zenith Bank says it is prepared to support Nigeria’s Information and Communications Technology (ICT) and creative ecosystems with funding, which the bank calls a critical tool for participating in the Fourth Industrial Revolution (4IR). GMD and CEO of the bank, Ebenezer Onyeagwu discussed this with CNBC Africa’s Christy Cole at the bank’s Tech Fair in Lagos.
There’s a new investment fund for women entrepreneurs launched in Africa and so far gathered $100m. It is called Alitheia IDF Fund.
Africa Investment Forum: Alfred Zeufack on what opportunities Africa’s free trade deal brings to the continent
Alfred Zeufack, Chief Economist, Africa at the World Bank was one of the more than 2200 delegates who attended the Africa Investment Forum, held in Sandton from the 11th to the 13th of November.
The Managing Director and CEO of the Bank of Industry (BOI) in Nigeria, Olukayode Pitan, says the bank signed agreements with four major banks at the 2nd Africa Investment Forum in Johannesburg. He discussed their plans with CNBC Africa’s Kopano Gumbi at the forum.
With insurance penetration in Rwanda still extremely low, the insurance sector has come up with ways of innovating in order to boost the amount of people who are covered. CEO of Prime Insurance Ltd, John Mirenge joins CNBC Africa to discuss what’s happening in the space to not only boost the numbers, but to prepare for the Fourth Industrial Revolution (4IR).
At Nigeria’s Digital Economy Summit, the country’s Minister of Science and Technology, Ogbonnaya Onu, emphasised the need for Nigeria to work towards taking full advantage of benefits accompanying the Fourth Industrial Revolution (4IR).