Africa is the place to invest

Africa, known for its diverse cultures and fast-growing economies, is increasingly becoming a hub for investment in technology and capacity development. In a recent interview with CNBC Africa, Daniel Ikuenobe, Chief Executive Officer of Elevate Africa, emphasized the importance of building Africa's readiness in Artificial Intelligence (AI) and enhancing talent and skills for the future. Ikuenobe stressed the need for proactive investments and actions to ensure Africa remains relevant in the global landscape. One of the key points raised in the interview was the inadequate focus on talent development in the continent. Ikuenobe highlighted the lengthy process of training consultant doctors in his home country, reflecting a lack of long-term strategic planning. He expressed concerns about the insufficient emphasis on preparing the workforce for AI, data, and technology challenges. The need for educating policymakers on the importance of technology and talent readiness was underscored, calling for a structured community of practice to bridge the knowledge gap. As a leader and representative of Elevate Africa, Ikuenobe discussed the organization's role in the marketplace. He categorized their initiatives as 'builders and binders,' focusing on empowering frontline leaders to drive impactful change at a larger scale. By fostering collaboration across different African regions, Elevate Africa aims to create a unified platform for sharing best practices and addressing current and future challenges collectively. In conclusion, the interview shed light on the critical need for Africa to invest in enhancing its technological capabilities and nurturing a skilled workforce. The discussions emphasized the importance of strategic planning, education, and collaboration to propel the continent towards a prosperous and sustainable future. With the right investments and actions, Africa has the potential to emerge as a global leader in technology and innovation, driving economic growth and development across the region.