President Akufo-Addo has reaffirmed Ghana’s dedication to investing significantly in technology-driven education, vocational training, and entrepreneurial development to tackle current challenges.
According to him, these initiatives aim to provide meaningful opportunities for the country’s youth while fostering confidence.
Addressing the 3i Africa Summit at the Accra International Conference Centre, President Akufo-Addo underscored the importance of broader skills recognition and digital literacy.
He emphasised the need for young people to navigate the fintech landscape with confidence. However, he cautions against complacency, emphasising the need for continued action.
“Prioritizing investment in digital infrastructure channeling resources to the communities that have been left behind by the match of progress and bridging the digital divide that threatens to leave too many Africans on the sidelines of the global economy are crucial.
“We must keep on our partnership across government financial institution tech firms and development agencies working together in the spread of shared partners and unwavering commitment to developing the innovative solutions and strategic initiatives that will prepare us to towards more prosperous and equitable future.” he added
In a significant development, President Akufo-Addo announced the signing of a memorandum of understanding for a $200 million facility to support SMEs. Facilitated by the Minister for Finance and the President of the ECOWAS Bank for Investment and Development (EBID), these funds will be disbursed through the Ghana Commercial Bank and the Ghana EXIM Bank to benefit SMEs.
He also underscored the pivotal role of fintech in facilitating the distribution of funds to SMEs and monitoring their growth.
Source: Myjoyonline
