Attracting Investment and Reducing Poverty in Africa Through AI Technologies

Nouhaila Innan; Muhammad Al Zafar Khan; Jahvaid Hammujuddy; David Mhlanga

doi:10.4324/9781032712246-17

Attracting Investment and Reducing Poverty in Africa Through AI Technologies

Nouhaila Innan, Muhammad Al Zafar Khan, Jahvaid Hammujuddy, David Mhlanga

School of Public Management, Governance and Public Policy

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

Africa’s greatest assets are its young and dynamic population and abundant natural resources. However, the continent faces numerous socioeconomic challenges that have hindered its ability to fully embrace technological advancements, particularly in Artificial Intelligence (AI). This chapter proposes an ontological framework-based approach to address these challenges and unlock Africa’s AI-driven growth and development potential. The proposed strategies aim to attract investment, foster collaboration, and secure financing for AI initiatives across the continent. Additionally, the chapter explores how AI can be leveraged to alleviate poverty and improve the socioeconomic conditions of African citizens.

Original language	English
Title of host publication	Responsible Business and Sustainable Development
Subtitle of host publication	the Use of Data and Metrics in the Global South
Publisher	Taylor and Francis
Pages	238-244
Number of pages	7
ISBN (Electronic)	9781040047002
ISBN (Print)	9781032712222
DOIs	https://doi.org/10.4324/9781032712246-17
Publication status	Published - 1 Jan 2024

ASJC Scopus subject areas

General Economics,Econometrics and Finance
General Business,Management and Accounting
General Social Sciences

Access to Document

10.4324/9781032712246-17

Cite this

@inbook{40dc0c85d9c74981a6836f1b09db7a5c,

title = "Attracting Investment and Reducing Poverty in Africa Through AI Technologies",

abstract = "Africa{\textquoteright}s greatest assets are its young and dynamic population and abundant natural resources. However, the continent faces numerous socioeconomic challenges that have hindered its ability to fully embrace technological advancements, particularly in Artificial Intelligence (AI). This chapter proposes an ontological framework-based approach to address these challenges and unlock Africa{\textquoteright}s AI-driven growth and development potential. The proposed strategies aim to attract investment, foster collaboration, and secure financing for AI initiatives across the continent. Additionally, the chapter explores how AI can be leveraged to alleviate poverty and improve the socioeconomic conditions of African citizens.",

author = "Nouhaila Innan and Khan, {Muhammad Al Zafar} and Jahvaid Hammujuddy and David Mhlanga",

year = "2024",

month = jan,

day = "1",

doi = "10.4324/9781032712246-17",

language = "English",

isbn = "9781032712222",

pages = "238--244",

booktitle = "Responsible Business and Sustainable Development",

publisher = "Taylor and Francis",

}

Attracting Investment and Reducing Poverty in Africa Through AI Technologies. / Innan, Nouhaila; Khan, Muhammad Al Zafar; Hammujuddy, Jahvaid et al.
Responsible Business and Sustainable Development: the Use of Data and Metrics in the Global South. Taylor and Francis, 2024. p. 238-244.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

TY - CHAP

T1 - Attracting Investment and Reducing Poverty in Africa Through AI Technologies

AU - Innan, Nouhaila

AU - Khan, Muhammad Al Zafar

AU - Hammujuddy, Jahvaid

AU - Mhlanga, David

PY - 2024/1/1

Y1 - 2024/1/1

N2 - Africa’s greatest assets are its young and dynamic population and abundant natural resources. However, the continent faces numerous socioeconomic challenges that have hindered its ability to fully embrace technological advancements, particularly in Artificial Intelligence (AI). This chapter proposes an ontological framework-based approach to address these challenges and unlock Africa’s AI-driven growth and development potential. The proposed strategies aim to attract investment, foster collaboration, and secure financing for AI initiatives across the continent. Additionally, the chapter explores how AI can be leveraged to alleviate poverty and improve the socioeconomic conditions of African citizens.

AB - Africa’s greatest assets are its young and dynamic population and abundant natural resources. However, the continent faces numerous socioeconomic challenges that have hindered its ability to fully embrace technological advancements, particularly in Artificial Intelligence (AI). This chapter proposes an ontological framework-based approach to address these challenges and unlock Africa’s AI-driven growth and development potential. The proposed strategies aim to attract investment, foster collaboration, and secure financing for AI initiatives across the continent. Additionally, the chapter explores how AI can be leveraged to alleviate poverty and improve the socioeconomic conditions of African citizens.

UR - http://www.scopus.com/inward/record.url?scp=85195742858&partnerID=8YFLogxK

U2 - 10.4324/9781032712246-17

DO - 10.4324/9781032712246-17

M3 - Chapter

AN - SCOPUS:85195742858

SN - 9781032712222

SP - 238

EP - 244

BT - Responsible Business and Sustainable Development

PB - Taylor and Francis

ER -

Attracting Investment and Reducing Poverty in Africa Through AI Technologies

Abstract

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this