World Bank ready to support Malawi in adopting AI technology

The World Bank has expressed its willingness to support Malawi in embracing Artificial Intelligence (AI) as a tool to drive national development.

AI, a branch of computer science, involves the creation of intelligent machines capable of performing tasks that typically require human intelligence, such as decision-making, problem-solving, and data analysis.

Speaking on the sidelines of the Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in the United States, World Bank Senior Managing Director Axel van Trotsenburg affirmed the institution’s commitment to partnering with Malawi in adopting AI technologies.

“We are ready and committed to support Malawi as it explores the use of AI to improve development outcomes,” van Trotsenburg stated.

Minister of Finance and Economic Affairs, Simplex Chithyola Banda, also highlighted the potential of AI to improve the performance of government institutions.

He noted that AI could play a vital role in enhancing the efficiency and effectiveness of Ministries, Departments, and Agencies.

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