South African funding agency, One Africa Odyssey (OAO) Investments, has introduced its partnership with the Swedish AI Fund (SAIF) to allow the agency to establish the best-suited candidates for funding via an analysis course of.
OAO Investments is a black-owned, South African firm whose development mannequin contains start-up joint ventures, partnerships, in addition to acquisitions of each rising and mature firms. The agency identifies, explores and leverages distinctive funding alternatives by way of bespoke administration of symbiotic relationships with stakeholders and networks.
The partnership will goal to drive consciousness and enlightenment in regards to the AI business among the many public, organizations, the know-how sector, policymakers and governments who would be the beneficiaries of a wholesome AI business. Solely AI-related programmes shall be thought of for funding.
SAIF is without doubt one of the a number of initiatives launched by the AICenter, a collaboration between a number of authorized entities and consultants in the direction of high quality, security, and safety within the AI business. The AICenter, which was based in Sweden, operates in 8 international locations: Sweden, Albania, Israel, Germany, Georgia, South Africa and the UK. It cooperates with universities, main firms and consultants from the United Nations (UN) and The European AI Alliance.
The AICenter, the founding father of SAIF, permits organizations, firms, and people to extend their enterprise worth and alternatives. AICenter additionally offers organizations with funding, certifications, tips, and licensed coaching applications in the direction of equality, security, and safety in AI.
“This partnership will assist our mission as OAO Know-how, to speed up the adoption of latest applied sciences in Africa. The collaboration will contribute to the expansion and growth of AI on the African continent. We’re grateful and stay up for serving our communities via this partnership,” said Zamokuhle Aja-Okorie, managing director of OAO Investments.