AI is rapidly entering Africa’s healthcare sector, projected to reach $259 billion by 2030, one of the world’s biggest growth markets.AI is rapidly entering Africa’s healthcare sector, projected to reach $259 billion by 2030, one of the world’s biggest growth markets.

AI will reshape African healthcare. Who controls it matters

In 2026, the most important debate about AI in African healthcare is about ownership, decision-making, and whether the technology actually improves patient outcomes, experts said at the Applied Machine Learning Days Africa conference in Johannesburg on Tuesday.

AI is rapidly entering Africa’s healthcare sector, projected to reach $259 billion by 2030, one of the world’s biggest growth markets. Yet this rapid expansion is happening in systems where the average is roughly 2.6 doctors per 10,000 people across the continent, and only a handful of countries meet the World Health Organisation’s (WHO) recommended doctor-to-population ratio. 

An estimated 24 million people were living with diabetes in Africa in 2021, a number expected to more than double to 55 million by 2045. These numbers mean AI will not be a “nice-to-have” experiment, but will likely shape who gets care, how they get it, and at what cost.

Professor Annie Hartley, who leads the Laboratory for Intelligent Global Health and Humanitarian Response Technologies (LiGHT), noted that Africa’s AI-in-healthcare debate must focus on ownership, not dependence on global vendors

“We have to have control,” she told TechCabal. “We have to have ownership of these tools. We cannot rely on other countries to make these tools for us.”

Africa’s healthcare systems face severe resource constraints, from financing to basic infrastructure. On average, countries in the WHO African region spent about $117 per person on health in 2020, compared to a global average of more than $1,200 per capita, and only five countries in the region reached even $271 per person. 

On the infrastructure side, almost all African countries fall below the global average of 2.7 hospital beds per 1,000 people, highlighting how limited physical capacity remains even before new AI tools are added on top.

Hartley said Africa’s so‑called constraint, stringent resources, is a design advantage. That limited computing and funding can incentivise more optimised tools, smarter use of local data, and continuous learning from real-world use in clinics and communities. 

“When imported AI systems misread African realities, whether due to language, epidemiology, or workflow differences, local teams are forced to be more vigilant, iterating and adapting instead of treating models as fixed products,” she said.

Hartley believes this positions African researchers and practitioners to lead globally in “continuous learning from low amounts of data” by valuing and carefully curating the data they do have.

Start with citizens’ problems, not AI features

“The greatest conversation is not about which platforms to buy, but about what citizens of Africa want to achieve in terms of health status,” Tom Lawry, an AI health advisor and managing director at Second Century Tech, an advisory firm, said. He urged starting with real challenges, such as a few doctors, overworked nurses, and rising chronic diseases, before mapping an AI roadmap.

Lawry’s approach is deliberately low-tech at first. He said Africa already knows most of its pain points in healthcare. 

“What is needed now is for doctors, nurses, and teams to map out processes, define problems clearly, and only then identify where AI can add value, whether by boosting clinician efficiency, cutting administrative hurdles, or improving patient outcome,” he said.

He pointed to a diabetes case study in Singapore, where AI was used to identify people with pre-diabetes and pair that with behaviour-change interventions. The result was a measurable slowing of progression to full diabetes, saving lives while avoiding the higher annual costs once patients become fully diabetic. This kind of population-level use case resonates strongly with African realities, where diabetes prevalence is rising quickly, and budgets are constrained.

Funding, pilots and proof that AI works for Africans

Both perspectives converge on the question of how to move from ideas to working systems in environments where budgets are thin and donor funding is dwindling. 

Lawry noted that, practically, money tends to follow clearly defined problems that matter to governments and citizens, which is why pilots grounded in real outcomes are so important. A concrete pilot, say, reducing the progression from pre-diabetes to diabetes in a particular district, gives policymakers evidence of health and economic returns, much like Singapore’s programme, where avoiding full diabetes reduced government spending per patient by thousands of dollars annually.

Hartley said that even with donor-funded pilots, African institutions must control their data, models, and governance. That means investing in local labs, capacity, training on local data, as well as designing AI that works with limited infrastructure. 

If AI in African healthcare grows to match the broader global market’s outlook, where AI in health is projected to exceed $500 billion globally by 2033, it will sit at the centre of clinical decision-making, population health, and financing. 

The real question is whether those systems will be owned, governed and optimised by Africans, for African problems, or whether the continent will once again be a passive consumer of technologies built elsewhere.

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Summarize Any Stock’s Earnings Call in Seconds Using FMP API

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Turn lengthy earnings call transcripts into one-page insights using the Financial Modeling Prep APIPhoto by Bich Tran Earnings calls are packed with insights. They tell you how a company performed, what management expects in the future, and what analysts are worried about. The challenge is that these transcripts often stretch across dozens of pages, making it tough to separate the key takeaways from the noise. With the right tools, you don’t need to spend hours reading every line. By combining the Financial Modeling Prep (FMP) API with Groq’s lightning-fast LLMs, you can transform any earnings call into a concise summary in seconds. The FMP API provides reliable access to complete transcripts, while Groq handles the heavy lifting of distilling them into clear, actionable highlights. In this article, we’ll build a Python workflow that brings these two together. You’ll see how to fetch transcripts for any stock, prepare the text, and instantly generate a one-page summary. Whether you’re tracking Apple, NVIDIA, or your favorite growth stock, the process works the same — fast, accurate, and ready whenever you are. Fetching Earnings Transcripts with FMP API The first step is to pull the raw transcript data. FMP makes this simple with dedicated endpoints for earnings calls. If you want the latest transcripts across the market, you can use the stable endpoint /stable/earning-call-transcript-latest. For a specific stock, the v3 endpoint lets you request transcripts by symbol, quarter, and year using the pattern: https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={q}&year={y}&apikey=YOUR_API_KEY here’s how you can fetch NVIDIA’s transcript for a given quarter: import requestsAPI_KEY = "your_api_key"symbol = "NVDA"quarter = 2year = 2024url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={API_KEY}"response = requests.get(url)data = response.json()# Inspect the keysprint(data.keys())# Access transcript contentif "content" in data[0]: transcript_text = data[0]["content"] print(transcript_text[:500]) # preview first 500 characters The response typically includes details like the company symbol, quarter, year, and the full transcript text. If you aren’t sure which quarter to query, the “latest transcripts” endpoint is the quickest way to always stay up to date. Cleaning and Preparing Transcript Data Raw transcripts from the API often include long paragraphs, speaker tags, and formatting artifacts. Before sending them to an LLM, it helps to organize the text into a cleaner structure. Most transcripts follow a pattern: prepared remarks from executives first, followed by a Q&A session with analysts. Separating these sections gives better control when prompting the model. In Python, you can parse the transcript and strip out unnecessary characters. A simple way is to split by markers such as “Operator” or “Question-and-Answer.” Once separated, you can create two blocks — Prepared Remarks and Q&A — that will later be summarized independently. This ensures the model handles each section within context and avoids missing important details. Here’s a small example of how you might start preparing the data: import re# Example: using the transcript_text we fetched earliertext = transcript_text# Remove extra spaces and line breaksclean_text = re.sub(r'\s+', ' ', text).strip()# Split sections (this is a heuristic; real-world transcripts vary slightly)if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1)else: prepared, qna = clean_text, ""print("Prepared Remarks Preview:\n", prepared[:500])print("\nQ&A Preview:\n", qna[:500]) With the transcript cleaned and divided, you’re ready to feed it into Groq’s LLM. Chunking may be necessary if the text is very long. A good approach is to break it into segments of a few thousand tokens, summarize each part, and then merge the summaries in a final pass. Summarizing with Groq LLM Now that the transcript is clean and split into Prepared Remarks and Q&A, we’ll use Groq to generate a crisp one-pager. The idea is simple: summarize each section separately (for focus and accuracy), then synthesize a final brief. Prompt design (concise and factual) Use a short, repeatable template that pushes for neutral, investor-ready language: You are an equity research analyst. Summarize the following earnings call sectionfor {symbol} ({quarter} {year}). Be factual and concise.Return:1) TL;DR (3–5 bullets)2) Results vs. guidance (what improved/worsened)3) Forward outlook (specific statements)4) Risks / watch-outs5) Q&A takeaways (if present)Text:<<<{section_text}>>> Python: calling Groq and getting a clean summary Groq provides an OpenAI-compatible API. Set your GROQ_API_KEY and pick a fast, high-quality model (e.g., a Llama-3.1 70B variant). We’ll write a helper to summarize any text block, then run it for both sections and merge. import osimport textwrapimport requestsGROQ_API_KEY = os.environ.get("GROQ_API_KEY") or "your_groq_api_key"GROQ_BASE_URL = "https://api.groq.com/openai/v1" # OpenAI-compatibleMODEL = "llama-3.1-70b" # choose your preferred Groq modeldef call_groq(prompt, temperature=0.2, max_tokens=1200): url = f"{GROQ_BASE_URL}/chat/completions" headers = { "Authorization": f"Bearer {GROQ_API_KEY}", "Content-Type": "application/json", } payload = { "model": MODEL, "messages": [ {"role": "system", "content": "You are a precise, neutral equity research analyst."}, {"role": "user", "content": prompt}, ], "temperature": temperature, "max_tokens": max_tokens, } r = requests.post(url, headers=headers, json=payload, timeout=60) r.raise_for_status() return r.json()["choices"][0]["message"]["content"].strip()def build_prompt(section_text, symbol, quarter, year): template = """ You are an equity research analyst. Summarize the following earnings call section for {symbol} ({quarter} {year}). Be factual and concise. Return: 1) TL;DR (3–5 bullets) 2) Results vs. guidance (what improved/worsened) 3) Forward outlook (specific statements) 4) Risks / watch-outs 5) Q&A takeaways (if present) Text: <<< {section_text} >>> """ return textwrap.dedent(template).format( symbol=symbol, quarter=quarter, year=year, section_text=section_text )def summarize_section(section_text, symbol="NVDA", quarter="Q2", year="2024"): if not section_text or section_text.strip() == "": return "(No content found for this section.)" prompt = build_prompt(section_text, symbol, quarter, year) return call_groq(prompt)# Example usage with the cleaned splits from Section 3prepared_summary = summarize_section(prepared, symbol="NVDA", quarter="Q2", year="2024")qna_summary = summarize_section(qna, symbol="NVDA", quarter="Q2", year="2024")final_one_pager = f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks — Key Points{prepared_summary}## Q&A Highlights{qna_summary}""".strip()print(final_one_pager[:1200]) # preview Tips that keep quality high: Keep temperature low (≈0.2) for factual tone. If a section is extremely long, chunk at ~5–8k tokens, summarize each chunk with the same prompt, then ask the model to merge chunk summaries into one section summary before producing the final one-pager. If you also fetched headline numbers (EPS/revenue, guidance) earlier, prepend them to the prompt as brief context to help the model anchor on the right outcomes. Building the End-to-End Pipeline At this point, we have all the building blocks: the FMP API to fetch transcripts, a cleaning step to structure the data, and Groq LLM to generate concise summaries. The final step is to connect everything into a single workflow that can take any ticker and return a one-page earnings call summary. The flow looks like this: Input a stock ticker (for example, NVDA). Use FMP to fetch the latest transcript. Clean and split the text into Prepared Remarks and Q&A. Send each section to Groq for summarization. Merge the outputs into a neatly formatted earnings one-pager. Here’s how it comes together in Python: def summarize_earnings_call(symbol, quarter, year, api_key, groq_key): # Step 1: Fetch transcript from FMP url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={api_key}" resp = requests.get(url) resp.raise_for_status() data = resp.json() if not data or "content" not in data[0]: return f"No transcript found for {symbol} {quarter} {year}" text = data[0]["content"] # Step 2: Clean and split clean_text = re.sub(r'\s+', ' ', text).strip() if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1) else: prepared, qna = clean_text, "" # Step 3: Summarize with Groq prepared_summary = summarize_section(prepared, symbol, quarter, year) qna_summary = summarize_section(qna, symbol, quarter, year) # Step 4: Merge into final one-pager return f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks{prepared_summary}## Q&A Highlights{qna_summary}""".strip()# Example runprint(summarize_earnings_call("NVDA", 2, 2024, API_KEY, GROQ_API_KEY)) With this setup, generating a summary becomes as simple as calling one function with a ticker and date. You can run it inside a notebook, integrate it into a research workflow, or even schedule it to trigger after each new earnings release. Free Stock Market API and Financial Statements API... Conclusion Earnings calls no longer need to feel overwhelming. With the Financial Modeling Prep API, you can instantly access any company’s transcript, and with Groq LLM, you can turn that raw text into a sharp, actionable summary in seconds. This pipeline saves hours of reading and ensures you never miss the key results, guidance, or risks hidden in lengthy remarks. Whether you track tech giants like NVIDIA or smaller growth stocks, the process is the same — fast, reliable, and powered by the flexibility of FMP’s data. Summarize Any Stock’s Earnings Call in Seconds Using FMP API was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
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