Artificial Intelligence is showing promise as a powerful financial forecasting tool for businesses in Ghana, especially small and medium-sized enterprises (SMEs) navigating today’s unpredictable economy. A study led by Mr. Godwin Boakye Antwi, a chartered accountant and the current Budget Officer at Kwame Nkrumah University of Science and Technology (KNUST), Kumasi has found that an AI model known as Long Short-Term Memory (LSTM) significantly outperforms traditional methods commonly used by businesses.
