Ethiopia inaugurates artificial intelligence centre

Prime Minister Dr Abiy Ahmed has inaugurated an artificial intelligence (AI) centre. The centre was designed to support young entrepreneurs through capacity building and research excellence.

It will be a site for development of functional and problem solving technological innovations.

The opening of the centre is expected to modernise various sectors and facilitate the transition to digital economy. It would also help to save both time and money by replacing human labor with technologies.

The establishment of the centre was approved by the Council of Minister early this year.

The Prime Minister seized the opportunity to caution all Ethiopians locally and abroad not to be tools of money laundering.

Last Monday, Ethiopia introduced new banknotes with enhanced security features and other distinctive elements.

The new banknotes replace the birr 10, 50 and 100 notes while an additional birr 200 note has also been unveiled.