As the EU AI Act is implemented, companies involved with high-risk AI systems must comply with new obligations aimed at protecting fundamental rights and safety. Key requirements include risk management, data governance, and transparency measures for users, with compliance deadlines set for August 2026 and 2027.
AI readiness extends beyond just having clean data; it involves designing products that can adapt to real-world changes and ensuring human oversight for user trust. Effective governance and a supportive culture are essential for transitioning from AI proof of concept to scalable, responsible AI solutions.
Kenya’s financial sector stands at a crossroads, needing coherent regulations and a commitment to fairness as it embraces AI technology for credit access. The recent CBK survey highlights the importance of embedding ethical governance frameworks to prevent bias and ensure transparency in AI-driven credit assessments.
AI is rapidly being integrated into marketing and advertising, with over half of marketers already utilizing generative AI for creative content and targeting. However, despite the surge in adoption, many marketers report experiencing significant AI-related incidents, raising concerns about the need for stronger governance and oversight to protect brand integrity.