New NiBS chancellor urges universities to embrace AI and sustainability

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By Buertey Francis BORYOR

 The newly appointed Chancellor of Nobel International Business University (NiBS), Dr. George Nana Agyekum Donkor, has called on universities and vocational training centers to integrate artificial intelligence (AI), coding, and data science into their curricula.

He said this is crucial to preparing students for the future and ensuring Africa remains competitive in the global digital economy.

Speaking at his investiture ceremony at the NiBS campus in Accra, where Dr. Felix Nana Abaka Sackey was also sworn into office as Deputy Chancellor, Dr. Donkor stressed the importance of equipping students with the skills needed to innovate in a rapidly evolving world.

“We cannot afford to be left behind in the digital revolution. Universities must take the lead in training the next generation of AI specialists, data analysts, and tech entrepreneurs who will drive the continent’s digital economy forward,” he noted.

Additionally, he highlighted the growing role of AI in economic development, noting that its solutions can transform industries such as finance, healthcare, and urban planning.

Expanding broadband access, investing in AI research, and supporting local startups, he said, would help the continent position itself as a leader in digital innovation.

Dr. Donkor also called on governments to use the technology and big data to improve governance, tax systems, and public services. He explained that AI-powered traffic management systems, digital identity solutions, and automated service delivery could enhance efficiency and accessibility for citizens.

Financial inclusion was also a key point in his speech. He underscored the need to expand mobile banking, digital wallets, and blockchain-based transactions to empower small businesses and rural communities. According to him, AI-driven financial models could improve credit access and boost entrepreneurship- strengthening the continent’s economic growth.

NiBS’ Vision for the Future

The Chancellor furthermore outlined the university’s commitment to integrating digital and green economy studies into its academic programs, highlighting key areas it will focus on to drive innovation and economic transformation in the country and beyond.

He said that, the first priority is incorporating digital and green economy studies into the curriculum.

“NiBS plans to develop specialised courses and research initiatives in areas such as FinTech, blockchain, digital trade, cybersecurity, AI-driven green finance, and sustainable business,” he elaborated.  He underscored the need for interdisciplinary collaboration, ensuring students gain both technical expertise and economic strategies to navigate the digital landscape.

Secondly, he noted that the university will establish a Digital Technology and Green Research and Innovation Hub, which will serve as a think tank for pioneering research in AI-driven climate solutions, green technology investments, and sustainable economic models. entrepreneurship, and financial inclusion.

Another key focus is bridging the gap between academia and industry. The Chancellor noted that the institution will strengthen its partnerships with industry leaders to provide students with internships, mentorship programs, and exposure to cutting-edge digital strategies. Additionally, he said it will launch business incubators to support student-led startups in digital commerce, AI-driven financial services, and clean energy solutions.

A Call to Action

While encouraging the private sector to collaborate with universities in shaping graduates with AI, sustainability and digital finance expertise, Mr. Donkor called on governments and policymakers to create policies that support digital trade, green industrialization, and innovation in education.

Government’s commitment to digital and economic growth

Meanwhile, President Mahama, in a keynote address read on his behalf by Minister of Foreign Affairs Samuel Okudzeto Ablakwa, congratulated the new Chancellor and Deputy Chancellor. Additionally, he lauded the founder of NiBS, Professor Kweku Atuahene-Gima, for his vision in establishing the university and ensuring that it produces highly skilled graduates.

According to him, NiBS graduates are already making an impact- revealing that several alumni hold key positions in government.

The President also stated that the university’s priorities align with his vision for the country. To support the nation’s digital transformation, he said that his government has allocated GH¢100 million for the ‘One Million Coders’ Program. This initiative aims to train young people in coding and digital skills, ensuring that the country remains competitive in the global tech industry.

Furthermore, he said, his government is committing $50 million to establish a FinTech Growth Fund. This fund will provide venture capital to support young entrepreneurs in the tech industry, helping them develop and expand their businesses.

The investiture ceremony brought together distinguished members of the university’s governing council, government officials, traditional and religious leaders, members of the diplomatic corps, faculty members, industry leaders, students, and alumni.