How AI can boost economic growth, drive data driven insights in SMEs

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With the right application and access, Artificial Intelligence (AI) can drive Nigeria’s Gross Domestic Product (GDP) and boost the operations of Small and Medium Scale Enterprises.


Through platforms that facilitate easy access to businesses’ data, real-time capital market information and data analytics, experts say AI is the future for business owners in Africa.


At the convening of tech enthusiasts in Lagos recently, Femi Bejide, chief executive officer of Statisense — a new data platform aimed at transforming how African businesses use information — said with AI, both small and large businesses can have insights from their existing customer data in a way that has never been done before.

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