Start-ups Carve their Way into Global AI Economy

Date:

Africa’s Largest Tech Fair and Startup Show: A Review

About the Event

Africa’s largest tech fair and startup show concluded on Friday, May 31. The event, in its second edition, attracted over 1,500 exhibitors, companies, entrepreneurs, innovators, and startups from more than 130 countries.

The event was held in Marrakech, Morocco.

Startups to Watch

Moroccan Start-Up Yola Fresh

Moroccan start-up Yola Fresh is revolutionizing the country’s fresh produce industry by leveraging artificial intelligence (AI) to optimize every stage, from cultivation to consumption.

“We have a lot of data at our disposal, data on the consumers, on our retailers, they are the people who regularly buy our products. We use algorithms to predict the volumes that will be consumed by these retailers,” the start-up’s co-founder, Larbi Alaoui Belrhiti, explained.

“We also have to pay attention to factors that are external to our supply chain, such as the market price or the weather. All these factors will have an impact on prices and will consequently impact supply and demand,” he added.

Senegalese Start-Up Caytu

Caytu, a Senegalese start-up, has harnessed the power of AI in the robotics sector.

“Our partnership with US-based Brigham Young University has enabled us to test out the product we developed,” Sidy Ndao, the start-up’s representative, said.

“Through this partnership, robots designed in Senegal were deployed to the United States and could still interact with operators based in Senegal who control these robots and offer a remote service.”

The Future of Artificial Intelligence in Africa

The slow democratization of artificial intelligence and its multiple applications is gaining popularity across the continent, with the potential to contribute to better resource management, stimulate economic growth, and open new market opportunities.

Conclusion

The Africa’s largest tech fair and startup show showcased innovative ideas and technologies that have the potential to transform industries and economies. The start-ups featured in this article, Yola Fresh and Caytu, demonstrate the exciting possibilities that AI holds for Africa’s future.

FAQs

Q: When did the event take place?

A: The event concluded on Friday, May 31.

Q: How many exhibitors and startups were present at the event?

A: Over 1,500 exhibitors, companies, entrepreneurs, innovators, and startups from more than 130 countries attended the event.

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