We must embrace technology and not be intimidated by it β Bawumia urges policymakers
Dr. Mahamudu Bawumia, former Vice President of Ghana, has highlighted the necessity of embracing technological innovation to propel economic transformation across Africa.
Addressing the 27th Annual Conference at Harvard University, Dr. Bawumia emphasized the need for African policymakers to adopt a proactive and forward-thinking approach, harnessing digitalization to accelerate development and surmount pressing challenges.
He stressed the importance of cultivating a “mindset of possibilities,” encouraging leaders to recognize Africa’s potential for exponential growth and innovation. Dr. Bawumia highlighted Ghana’s notable progress in establishing a formal, data-driven economy, citing landmark initiatives such as the National Identification Card, Digital Address System, and Mobile Money Interoperability Platform.
These initiatives have significantly enhanced service delivery, transparency, and financial inclusion. Dr. Bawumia’s vision for Ghana entails creating a digital economy that fully participates in the Fourth Industrial Revolution, with a focus on sustainable job creation and global competitiveness.
To achieve this ambitious goal, Dr. Bawumia emphasized the importance of embracing technological innovation, building formal systems, and fostering a culture of entrepreneurship.
By adopting this multifaceted approach, he believes that Africa can overcome its development challenges and unlock a brighter future of prosperity and job creation through digitalization.
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