By
Iddi Yire, GNA
Accra, Feb. 26, GNA –
The African Institute of Mathematical Sciences (AIMS) Ghana, has organised the
third edition of a five-day workshop on Stochastic and Applications, Research
and Training (START) in Accra.
The workshop, which
focused on stochastic optimal control in both discrete and continuous time, was
organised with the support of the Alexander von Humboldt Foundation and the
German Ministry of Education and Research, and the German Academic Exchange
Service (DAAD).
It registered
renowned international and national scientific researchers, as well as young
researchers and graduate students working on disciplines related to probability
theory, financial and actuarial mathematics, insurance, mathematics,
statistics, and economics.
Speaking to the
Ghana News Agency (GNA) Professor Ralf Wunderlich, of the University of
Cottbus-Senftenberg, Germany, said the workshop, which focused on stochastic
control touched on mathematics where applications for decision making, problems
and uncertainty were found.
He noted that
decision making arises in everyday life as well as in the business of
companies, as such, this topic focused on the combination of mathematics and
its applications.
Reverend Dr William
Obeng-Denteh, Head of Mathematics Department at the Kwame Nkrumah University of
Science and Technology (KNUST), who made a presentation on finances, told the
GNA that the purpose was to highlight how participants could help drive the
economy in the area of finances and other aspects for people to be well
informed.
Dr Moustapha Dieye,
DAAD Postdoctoral Fellow at AIMS Ghana said the five-day workshop was developed
to increase cooperation among researchers and research institutions, as such,
it served as a platform for presenters to impact their knowledge, particularly
on finances.
Dr Perpetual Andam
Boiquaye, a Lecturer at the Department of Statistics and Actuarial Science of
the University of Ghana, described the workshop as educative because it had
diverse applications in all the fields, especially the mark of chains and the
stochastic analysis.
Dr Bernard Nyaare, a
Lecturer at JOOUST University, Kenya shared his experience with the GNA and
said he had gained more knowledge and skills with special emphasis on
stochastic analysis, which was his area of interest.
AIMS is a non-profit
pan-African network of Centres of Excellence in post-graduate education,
research and outreach in mathematical sciences.
Over the last 10
years, AIMS has trained about 500 problem solvers (one-third of whom are women)
equipped with knowledge and skills needed to solve mathematical problems in key
areas of development in Africa.
From more than 35
African countries, students are being trained to apply mathematical problem
solving in finance and banking, health, Information and Communication
Technology, food production, climate change forecasting and modeling, and
natural resource management.
GNA