First National Bank calls for Africa to seize AI sovereignty and implement ethical solutions

31 October 2024

Professor Mark Nasila, head of advanced analytics, chief risk officer and retail banking at First National Bank, has called for Africa to take control of its artificial intelligence (AI) sovereignty by actively shaping AI frameworks and implementing ethical solutions customised to the continent’s unique needs.

Nasila spoke at the summit on ‘Africa’s AI Sovereignty: Unleashing the Potential for Home-Grown Innovation and Self-Reliance,’ where he highlighted the rising concern about the uneven distribution of AI progress, with North America and China already accounting for 70% of the expected value of US$16 trillion.

Nasila proposed that Africa should contribute to global frameworks for AI development and adoption, rather than passively accepting frameworks produced elsewhere. He argues that Africa should only adopt responsible and ethical AI frameworks that are relevant and applicable to African circumstances.

Nasila also presented the concept of ‘AI factories,’ decentralised hubs of innovation that can drive the development of intelligent products and services adapted to Africa’s specific needs. This is expected to enable Africa to participate in the AI value chain beyond simply consuming products and services, allowing the continent to industrialise and become self-sufficient.

“We have an opportunity to put our minds together so that we can redirect the future of AI, so that we don’t end up being so dependent, so that our national priorities can contribute to the global frameworks,” said Nasila.