31Jul 2025 by @iLabAfrica No Comments
GenAI’s Role in the New Wave of Banking and Financial Services

GenAI’s Role in the New Wave of Banking and Financial Services

Artificial Intelligence, Data Science
Arficial intelligence is not new – it has been a topic of research since the 1950s and has been deployed in financial services since the 1980s. But conventional AI (so called, “Predicve AI”), while powerful, is expensive and complex to deploy. As a result, it has been used in a limited number of areas in the financial services sector, such as real-time trading or estimation of loan default risk. In 2022, a new generation of AI came to public view in the form of ChatGPT. Unlike the earlier predictive AI, these “Generative AI” systems can be used directly to solve problems, without training or the need for data scientists. Generative AI can be thought of as a general tool that can be applied in a huge number of ways and…
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09Jul 2025 by @iLabAfrica No Comments
Strathmore University and African Telecommunications Union Sign MoU to Grow Digital Talent and Shape Internet Policy

Strathmore University and African Telecommunications Union Sign MoU to Grow Digital Talent and Shape Internet Policy

Press Release, Research & Innovation
Nairobi, 1st July 2025: The African Telecommunications Union (ATU) and @iLabAfrica-Strathmore University have entered a renewable two-year Memorandum of Understanding that places the University’s Research & Innovation Centre as a strategic academic partner in ATU’s continent-wide drive for advanced digital skills, innovation, and evidence-led policy research. The pact provides both institutions with a clear runway to convert shared ambitions into measurable outcomes. Under the MoU, @iLabAfrica will forge a long-term strategic alliance dedicated to research, capacity-building, and the sustainable growth of ICT and innovation ecosystems across Africa. Central to this collaboration is a joint study aimed at strengthening the continent’s influence in global internet-public-policy forums and producing a harmonised framework for internet governance. The University will contribute expert faculty and academic staff to co-deliver provisions of the MoU. In turn,…
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