Economy
Ethiopia Looking For Private Capital to Finance AI and Digital Skills
BirrMetrics · 15 hours ago · Read the Full Story on BirrMetrics
AI SUMMARY
Ethiopia is seeking private investment to fund artificial intelligence and digital skills development through training programmes and school learning systems.
- Ethiopia is seeking private capital for artificial intelligence and digital skills development.
- National Bank of Ethiopia governor Eyob Tekalign outlined the government's approach at the Human Capital Ministerial Conclave convened by the World Bank Group.
- Government initiatives supporting the digital agenda include the National AI Policy, the Ethiopian Artificial Intelligence Institute, Digital Ethiopia 2030, the Five Million Coders initiative, and Medemer AI University.
- Pilot programmes are introducing AI-supported learning tools such as an AI Coach and an AI Tutor in secondary schools.
- Ethiopia is working with the World Bank to develop an AI-enabled, gender-responsive skills-for-jobs platform for technical and vocational institutions.
- Eyob stated that the effectiveness of training programmes should be measured by acquired skills and employment prospects rather than enrollment numbers.
- The governor's remarks did not specify the amount of private financing sought or a timetable for implementing the vocational training platform.
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