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Investing in STEM Crucial for African Countries to Benefit from 4IR

Image sourced from STEMpedia. To ensure African economies benefit fully from the fourth industrial revolution (4IR), and the data economy it will bring, there are several trends that industries on the continent need to fully embrace. These include artificial intelligence, cloud, machine learning and the Internet of Things. Enabling the utilisation of these, however, requires two pivotal focuses. The first is an investment in infrastructure. The second is Science, Technology, Engineering and Maths (STEM) skills development, so that African economies have the core competencies needed to participate in the data economy, says Adesh Nathalal, Education Manager at SAS in South Africa. The clock is ticking. By 2030, the above needs to be accomplished to ensure African economies can leapfrog devel...

Opportunities & Risks From the 4th Industrial Revolution in Africa

Sourced from Shutterstock. Insurance provider and risk mitigator Aoncyber has published a new report titled “Cyber Risks in Africa.” The report focuses on the 4th Industrial Revolution (4IR) which is ushering in a new economy and a new form of globalisation, both of which demand new forms of governance to safeguard the public good. This new chapter in human development is enabled by extraordinary technological advancements, and along with this progress comes inherent risks. African states need to equip themselves better when it comes to cyber resilience in order to actively participate in the global economy, by effectively managing and mitigating the effects of data breaches and cybercrime on their economy and citizens. The 4th Industrial Revolution brings many opportunities, as well as in...