CBE Hosts Training Course on Application of Big Data Analysis, AI to Central Banking

The Central Bank of Egypt (CBE), in cooperation with the COMESA Monetary Institute (CMI), is hosting a training course on “Applying Big Data Analysis and Artificial Intelligence in Central Banks,” which will be held from August 27 to 31, 2023, in order to support Egyptian-African cooperation and integration.

The training course is attended by 35 participants representing 9 central banks from COMESA member states, in addition to a delegation from the COMESA Monetary Institute.

The courses are expected to include discussions on the application of big data analytics and artificial intelligence in the banking and financial sector. Financial sectors, especially central banks.

On this occasion, Naglaa Nozahi, Governor’s Advisor for African Affairs at the Central Bank of Egypt, stressed the importance of this training course, especially with regard to current global and regional developments.

She pointed out the Central Bank of Egypt's keenness to continue its efforts to support building the capabilities of employees of African central banks, especially since this year's session represents the ninth consecutive year in which the Central Bank has provided training courses for employees of central banks in Africa - the COMESA countries.