Firm to host AI summit

AI in Nigeria will be hosting its artificial intelligence conference and hackathon, InnovateAI Lagos 2024.

According to organisers, InnovateAI Lagos 2024, is themed ‘Adapting AI For Nigeria: Crafting Intelligent Solutions for Our Unique Landscape,’ and will explore the power of AI in addressing the unique challenges and opportunities within the Nigerian context.

They noted that the event will attract over 1,000 professionals, researchers, entrepreneurs, investors, thought leaders, enterprise businesses, and regulators in the space. It stated that the event will present these individuals with the opportunity to connect, collaborate and contribute to shaping AI’s future in the country.

In a statement, one of the co-conveners, Dotun Adeoye, said, “InnovateAI Lagos 2024 is more than just a conference. It is a catalyst to eliminate silos in the Nigerian AI ecosystem as well as imbibing best practices from local and global thought leaders.”

Another convener, Ehia Erhaboh added, “We aim to localise AI advancement for Nigeria, ensure this 4th industrial revolution and general purpose technology for local challenges. InnovateAI Lagos 2024 will showcase how AI can effectively address our unique challenges.

“Our partners and sponsors, including leading tech firms and academic institutions, have echoed these sentiments. A spokesperson from one of our major sponsors stated that we are proud to support an event that not only highlights technological advancements but also focuses on practical solutions for Nigeria’s diverse economy.”

AI adoption in Nigeria has continued to grow, according to a recent study.

The study noted that the AI sector in Nigeria was expected to witness a compound annual growth rate of over 30 per cent in the next five years.

The growth is expected to be driven by increasing healthcare, agriculture, finance, and education adoption.