Tag: Emerging Technologies

Emerging technologies refer to new and innovative technologies that are currently developing or will be developed in the near future, often characterized by their potential to significantly alter industries, economic practices, and social dynamics. These technologies are typically in early stages of implementation and adoption, and they may include advancements in areas such as artificial intelligence, biotechnology, robotics, renewable energy, nanotechnology, and information technology. The impact of emerging technologies can lead to transformative changes, creating both opportunities and challenges for individuals, businesses, and governments as they adapt to rapid advancements.

Create a realistic, high-definition image that represents the concept of emerging technologies playing a crucial role in preventing illicit financial flows in Africa. The image could depict a secure digital financial system, the African continent illuminated by a network of digital lines to represent connectivity and cybersecurity measures, and possibly a shield symbol to represent security and protection against illicit activities. Visualize this in a modern, technology-inspired style.

Emerging Technologies Key to Thwarting Illicit Financial Flows in Africa

29 June 20245 May 2025Quincy Bartstow

The EFCC’s fight against illegal financial activities in Nigeria is taking a tech-forward approach as the agency’s Secretary, Olanipekun Olukoyede, underscores the potential of blockchain and AI in combatting crime. Nigeria and the broader African continent grapple with an annual loss of $88.6 billion due to illicit financial flows, a sum that could otherwise fortify […]