Nigeria launches "AI Research Scheme" to drive innovation and digital progress – Innovation Village

To boost innovation and digital progress in Nigeria, Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, has introduced the “Nigeria Artificial Intelligence Research Scheme.” This initiative is designed to provide financial support to startups and researchers, aiming to create a vibrant and sustainable artificial intelligence (AI) ecosystem within Nigeria.
The program is set to fund 45 consortia, comprising startups and researchers, enabling them to further explore and expand their AI-related projects. The ultimate goal is to position Nigeria as a global hub for AI technology applications and drive innovation and productivity in critical sectors.
Here are some key highlights from the initiative:
This initiative is in line with the worldwide trend of using AI to boost economic growth. It involves using AI methods to improve decision-making by combining knowledge from different fields to create smart, data-driven decision-support systems.
Modern research is heavily focused on using AI to improve decision-making in economics. This involves applying AI knowledge and thinking methods to decision-making theory. By combining ideas and techniques from management, computer science, and related fields, AI aims to transform economic decision-making and provide smart solutions.
In the Nigeria Artificial Intelligence Research Scheme, researchers and innovators will be expected to contribute to knowledge representation, thinking processes, and intelligent decision-making in various economic domains, thus aiding decision-makers in making informed choices.
By empowering researchers and startups in the AI sector, Nigeria is taking significant steps to promote innovation, enhance productivity, and contribute to the country’s economic growth through advanced technologies.
As the application period opens, the Nigerian AI community eagerly awaits the opportunities and innovations that will emerge as a result of this important scheme.
For further details and the application process, interested researchers and startups can visit the official application link.
Smart Megwai has been a Journalist for over 5 years, and spends early hours of the day writing for Tenth Code Media. Part of his daily routine includes sharing updates on the latest gadgets, software features, social media reports, and startups in the African Tech space. Sharing “How-to advice” on the use of latest softwares and gadgets is also part of his daily drive.
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