Former Vice President of Ghana, Dr. Mahamudu Bawumia, has emphasized the importance of digital transformation in driving Africa’s development and resilience. Speaking at the Cambridge Africa Business Conference, he highlighted the continent’s structural challenges, including financial exclusion, weak tax compliance, and inefficient service delivery.
Smart Formalisation
Dr. Bawumia championed smart formalisation as a digital strategy to modernize governance and economic systems. He stressed that technology-driven integration can accelerate development and enable governments to serve citizens efficiently. By leveraging blockchain, AI, and mobile computing, African leaders can build connected, data-driven economies that drive inclusive growth.
Digital Transformation a Necessity
Dr. Bawumia emphasized that digital transformation is not merely modernization – it is a necessity for resilience. “The solution will have to be one that accelerates Africa’s development. In short, it is what I term smart formalization. In this regard, digital transformation is not just a policy aspiration, it’s a necessity for resilience.” His message was clear: Africa must digitize or risk being left behind.
Africa’s Structural Challenges
Dr. Bawumia outlined Africa’s structural challenges, including financial exclusion, weak tax compliance, and inefficient service delivery. He emphasized that these challenges can be addressed through digital transformation, which can provide a more efficient and effective way of delivering services to citizens.
The Role of Technology
Dr. Bawumia highlighted the potential of technology in driving Africa’s development. By leveraging blockchain, AI, and mobile computing, African leaders can build connected, data-driven economies that drive inclusive growth. He emphasized that technology can enable governments to serve citizens efficiently and effectively.
Call to Action
Dr. Bawumia’s message was a call to action for African leaders to prioritize digital transformation. He emphasized that digitization is not just a policy aspiration, but a necessity for resilience. By embracing digital transformation, African leaders can drive development, improve governance, and build more resilient economies.
Conclusion
In conclusion, Dr. Mahamudu Bawumia’s emphasis on digital transformation as a necessity for Africa’s resilience is a timely reminder of the importance of technology in driving development. As African leaders look to address the continent’s structural challenges, they must prioritize digital transformation and leverage technology to build connected, data-driven economies. By doing so, they can drive inclusive growth, improve governance, and build more resilient economies.
Source: Africa Publicity
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