NewTech Friday: ToumAI Analytics – Ensuring no voice goes unheard

Digital Reinvention
16/02/2024 Interview
profile picture of Yousef Rahmani

Yousef Rahmani

ToumAI Analytics

COO

ToumAI is on a mission to elevate African languages and insights, using advanced analytics to bridge the linguistic gap. The Morocco-based startup, which was selected for the prestigious CATAPULT: Inclusion Africa 2023 program, is harnessing the resurgence of local African languages for both cultural and business benefits. Its COO Youcef Rahmani tells us more about this remarkable initiative. 

What led to the creation of ToumAI?

The genesis of ToumAI is deeply rooted in our founders' personal experiences as native speakers of local African languages. Growing up, they often felt the world sidelined these languages in favor of more ‘global’ languages, which overshadowed the rich cultural heritage and communication potential of their native tongues. However, with the proliferation of diverse media forms, from social media and podcasts to voice notes on platforms like WhatsApp, there's a clear resurgence of local languages. This resurgence isn't just cultural; it holds profound business implications.

For instance, with a 30% illiteracy rate in Africa, which spikes to 50% in sub-Saharan West Africa, a significant portion of the population is effectively shut out from many qualitative studies due to their primary mode of communication being oral rather than written. There's a goldmine of insights waiting to be tapped in these voices. This isn't just about data; it's about inclusivity, enabling the unbanked and often marginalized sections of society to interact with modern technologies and participate in Africa's digital transformation. Recognizing this untapped potential can unlock myriad business opportunities, from deepening customer understanding to gauging sentiments around urban public services.

Our journey gained momentum when key players such as banks, telecom companies and infrastructure funds acknowledged the potential of our technology. These sectors, in their quest for enhancing customer satisfaction and broadening data collection, realized the need for a tool that could bridge the linguistic gap and ensure no voice, no matter how marginalized, went unheard. Thus, ToumAI was born, with a mission to not only recognize and analyze local languages but to elevate them, ensuring that every individual, irrespective of their linguistic background, has an equal voice in the digital age.

Want to keep reading?

Create a web account to get access to more insights

Related news & insights

ESG
24/07/2024 Video

Standard Bank's innovative Looksee platform to empower homeowners

Marc Du Plessis, the Executive Head of the Looksee Platform at Standard Bank, presents a product that has made a...

SME Banking
19/07/2024 Interview

NewTech Friday: MiddleGame Ventures – Investing in the future of financial innovation

MiddleGame Ventures is a fintech venture capital firm investing in early-stage startups at the intersection of Fintech 3.0 and Web...

Digital Reinvention
17/07/2024 Article

Next-Gen Core Banking: Empowering Financial Institutions with Cloud Technology

Discover the evolving landscape of cloud technology in banking, as discussed in a recent session hosted by Qorus and Infosys...

Insurance
17/07/2024 Article

How AXA XL uses AI to protect what matters

Insurers are increasingly using AI and data to transform the way they operate. Laura Barkatz, Global Lead, Data Strategy, and...

Embedded Insurance
17/07/2024 Article

Partnerships prove critical to embedded travel insurance success

Insurers are turning to embedded insurance to expand and extend their travel offerings. But to succeed they need to select...

Digital Reinvention
16/07/2024 Article

Voting opens for 2024 Qorus-Infosys Finacle Banking Innovation Awards

More than 390 innovations were submitted by 177 financial institutions from 57 countries for this year’s Qorus-Infosys Finacle Banking Innovation...

Digital Reinvention
15/07/2024 Article

Financial Innovation Spotlight – July 2024 edition

This global innovation journey begins in Singapore, where OCBC Securities offers AI-driven personalized stock recommendations. Then we head to the...

Digital Reinvention
12/07/2024 Interview

NewTech Friday: Trustly – Offering fast, simple and secure online banking payments

Swedish scaleup Trustly is an open banking pioneer and a global payment method. Qorus’ Boris Plantier talked to Oscar Berglund,...