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Bank of Namibia

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Find out more about LAUNCH OF THE BANK OF NAMIBIA ARTIFICIAL INTELLIGENCE AND ROBOTICS ACCELERATOR (AIRA).

LAUNCH OF THE BANK OF NAMIBIA ARTIFICIAL INTELLIGENCE AND ROBOTICS ACCELERATOR (AIRA)
06 November 2024 | Media Release
 

The Namibia University of Science and Technology (NUST) officially launched the Artificial Intelligence and Robotics Laboratory today, on 05 November 2024 at 14h00, in the Science and Technology Building, Lower Campus. This state-of-the-art facility is made possible through a strategic collaboration between the University and the Bank of Namibia, marking a significant milestone in the development of Artificial Intelligence (AI) and Robotics in the country.

The Bank of Namibia's substantial investment in this project underscores its commitment to modernising Namibia’s financial and technological ecosystem. As part of its ongoing transformation strategy, the Bank has identified the importance of equipping Namibians with future-focused technical skills that align with global advancements. This laboratory not only prepares students for careers in high-demand fields but also supports the Bank’s vision of fostering a technologically
literate workforce capable of contributing to Namibia’s economic progress.

The modern Lab is set to cater to the needs of the newly introduced Bachelor of Artificial Intelligence and Bachelor of Artificial Intelligence Honours programmes, spearheaded by the Department of Computer Science, in the Faculty of Computing and Informatics. Responding to global market trends, these programmes will provide specialisations in pioneering fields such as Natural Language Processing, Bioinformatics, Computer Vision, AI in Cybersecurity, and Robotics.

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