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GITEX Africa Keynote: Generative Artificial Intelligence (AI): Reinventing the way work

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Saad Toma

The future of work is here! IBM MEA General Manager, Saad Toma, in his keynote at GITEX explored how generative AI is reinventing the way we work, and gives his insights on AI adoption on the continent and discussed watsonx & real-world success stories

JOHANNESBURG, South Africa, June 6, 2024/APO Group/ — 

After capturing the public’s imagination in 2022, generative Artificial Intelligence (gen AI) began to permeate the business landscape in 2023. 2024 remains a crucial year for the future of AI, with researchers and organizations pushing the boundaries by developing new algorithms and models to tackle increasingly complex tasks. 

A recent IBM report found that three out of four (75%) global CEOs believe that the organization with the most advanced gen AI will have the ultimate advantage. Moreover, 43% of CEOs said they will use gen AI to inform strategic decisions. Companies worldwide are recognizing the benefits of gen AI and its crucial role in their success. This is driving a new era of work, productivity and opportunities across industries. AI is projected to enhance human productivity and unlock an astounding $16 trillion (https://apo-opa.co/4c8KytI) in value by 2030. In perspective, the fifth largest economy by gross domestic product (GDP) in 2023 was about $3.7 trillion. When combined with automation technology, gen AI can help clients improve interactions with customers and partners, as well as boost operational efficiency and productivity.  

Slow but steady AI adoption in Africa

This is not just a global phenomenon; half of the African CEOs surveyed in our IBM report (https://apo-opa.co/3yOCZdH) expect to realise significant value from advanced AI and analytics. However, adopting AI is not without its obstacles. Many businesses on the continent and beyond are grappling with a multitude of challenges. Globally, 82% of IT professionals say IT complexity is impeding success in deploying AI, while 55% of business leaders (https://apo-opa.co/3yLNA93) lack key information regarding their technology spending decisions. In Africa, many organizations face barriers such as costs, market and regulatory factors, workforce readiness, infrastructure, skills gap, ethics and governance. 

Become an AI-first organization to stay ahead

To overcome these challenges, organizations must move to an AI-first approach, where AI is integrated into their business strategy across the lifecycle. Being AI-first enables businesses to be value-creators rather than solely value users. Companies that will lead their respective industries for the next decade or two will be the ones that decide to be AI-first. That is why we launched watsonx (https://apo-opa.co/4catrIm) in 2023 to develop trusted AI and drive innovation for organizations in every sector or industry. Building an open-source AI community is a core part of our AI strategy. At our recent THINK conference, we further enhanced watsonx’s data and automation capabilities to make it more open, cost-effective, and flexible for businesses.  We achieved this by releasing a family of IBM Granite code models to the open-source community. We launched InstructLab (https://apo-opa.co/4catsfo) with Red Hat, to enhance large language models and open the doors for those with minimal machine learning experience to contribute. We also announced IBM Concert (https://apo-opa.co/4cattQu) that uses AI-powered automation to help businesses to discover gaps, prioritize insights, reduce complexity and streamline operations for more innovation and cost-effectiveness.

Putting IBM AI solutions and watsonx to work across industries

Since the launch of watsonx, we have over 700 client pilots running and managing over 1,200 AI models globally. We have also increased the accessibility of watsonx by making it available (https://apo-opa.co/3XbtlvD) on AWS Marketplace, reaching 92 countries worldwide, including 18 in Africa. To name a few examples, we are leveraging watsonx’s geospatial foundation model built from NASA’s satellite data to ensure climate resilience with the Government of Kenya (https://apo-opa.co/4c76YvI) watsonx is enabling local scientists to track and visualize tree-planting activities to assist the government’s goal of planting 15 billion trees by 2032. Working with Neostream Technology, an IBM business partner based in Kenya, we successfully deployed and integrated IBM Instana with M-GAS – a premium provider of liquefied petroleum gas in the country. The deployment of Instana has provided real-time monitoring and visibility. This has empowered M-GAS to track critical business applications with granular application-level insights. This has empowered M-GAS to address issues across all layers of their technology stack that previously could not be delivered by traditional monitoring tools. Lastly, Instana’s intuitive interfaces and customizable dashboards have offered rapid issue identification and resolution, fostering team collaboration, minimizing downtime, and enabling M-GAS to intervene proactively to ensure uninterrupted gas supply to their customers.

In the Middle East, we partnered with the Saudi Data and Artificial Intelligence Authority to launch an open-source Arabic Large Language Model, ALLaM on watsonx (https://apo-opa.co/4catuUy).  This has enabled the deployment of Arabic gen AI models, which opens the possibility of building AI models for Africa using the continent’s rich and diverse languages. Globally, working with Transport for London (https://apo-opa.co/3XebtAe), we deployed IBM Maximo to assist in managing the day-to-day maintenance efforts for more than 10,000 internal technicians within the London Underground. Above ground, the software enables the tracking, support and oversight of numerous contractors – helping extend existing equipment’s life and keeping commuters happy.

Across the world, organizations are leveraging IBM’s AI business solutions to solve business challenges. Their use cases range from banking and financial services, energy, telecommunications, climate change and sustainability, customer services and entertainment to name a few.

The right partnerships and governance are key

The adoption of gen AI is accelerating across enterprises as organizations aim to gain a competitive edge and unlock new opportunities. To achieve this, organizations need to have a robust AI strategy and the right level of investment. They also need to establish and implement clear and consistent standards or guardrails concerning the utilisation of AI across all strategic focus areas. Most importantly, they need the right partner who understands the overall business objective and how to overcome barriers preventing AI adoption. Such collaborative partnerships are critical for developing robust data and AI strategies, filling the skills gaps, and guiding the organizational change necessary for successful AI adoption.

Distributed by APO Group on behalf of GITEX Africa.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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