Nigeria is preparing legislation aimed at establishing a regulatory framework for artificial intelligence technologies. Policymakers say the proposed law would set guidelines for the ethical development and deployment of AI systems within the country’s rapidly expanding digital economy. Nigeria’s technology ecosystem, centered largely in Lagos, has already produced several globally recognized fintech startups, many of which rely heavily on machine-learning algorithms for fraud detection and financial analytics. Government officials believe clear AI regulations will help attract foreign investment while ensuring that artificial intelligence technologies are deployed responsibly.
Read more here
