Africa’s economic transformation will be mainly driven by Artificial Intelligence (AI) and data, Vice-President Mahamudu Bawumia has said.
Speaking at the Ghana Investment and Opportunities Summit in the UK on Tuesday (6 June), Bawumia said Ghana’s digitalisation success story is a private sector driven initiative backed by political will.
“Digitalisation is also de-risking the business environment by basically eliminating bureaucracy and corruption in the provision of many government services,” Bawumia told the UK investors at the summit. “We in Ghana are not afraid to lead Africa and the world in some of these areas.”
“As we put all of these data together through the digitalisation process, we see Artificial Intelligence and data as key to African economic transformation, in sectors like health, agriculture and education,” he said.
Bawumia added: “Our digitalisation story is really a story of a combination of political will on one side and the private sector on one hand. Most people do not realise that Ghana’s digitalisation drive is a private sector driven policy initiative.”
Listen to Dr Mahamudu Bawumia in the attached audio clip below:
Watch Mahamudu Bawumia’s full address in the attached video clip below:
About Ghana Investment and Opportunities Summit 2023
The Ghana Investment and Opportunities Summit 2023 seeks to target international investors, various corporate organizations, government institutions, as well as the public in Ghana and Europe, and the diaspora.
It is aimed at bringing together delegates from the international investor community, venture capitalists, and private equity fund managers amongst others for in-depth business discussions.
It is also geared at the exploration of viable bankable investment opportunities within various sectors of the Ghanaian economy as well as matching local businesses with international partners.
Participants include two hundred corporate industry captains, about forty speakers, with over a hundred million deals to be sealed during Business-to-Business sessions.
The two-day summit in London is being organized by the Ghana High Commission, UK in partnership with the Ghana Investment Promotion Centre.
Reporting by Fred Dzakpata in Accra
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