27.2 C
Accra
Wednesday, July 17, 2024
BusinessGhana to boost trade integration in Africa through digital tools - Ursula...

Date:

Ghana to boost trade integration in Africa through digital tools – Ursula Owusu-Ekuful

Minister of Communications and Digitalization, Ursula Owusu-Ekuful, has emphasized Ghana’s commitment to leveraging digital tools for expediting the integration of the continent through trade.

She highlighted the establishment of the Africa Continental Free Trade Area (AfCFTA) in Ghana as a crucial step in positioning the country as the digital gateway in Africa.

- Advertisement -

Addressing the first global conference on cyber capacity building in Accra on November 29, 2023, Owusu-Ekuful outlined the government’s objectives, including bridging the digital divide, promoting digital transformation, and stimulating economic growth in Ghana.

The AfCFTA, a key initiative of Agenda 2063, is an ambitious trade agreement encompassing critical aspects of Africa’s economy, such as digital trade and investment protection. By removing trade barriers within Africa, AfCFTA aims to significantly enhance intra-Africa trade, fostering value-added production and trade across various sectors.

- Advertisement -

Implemented in January 2021, AfCFTA is the world’s largest free trade area, encompassing 55 African countries with a combined population of 1.3 billion and a GDP exceeding $3.4 trillion. The agreement is designed to strengthen African economies, making them more resilient to internal and external shocks.

Owusu-Ekuful also encouraged Ghanaians to embrace Information and Communication Technology (ICT) as part of the broader digitalization efforts.

- Advertisement -

“Our major goal is to bridge the digital divide, facilitate our digital transformation, to energize Ghana’s economic growth. This is designed to establish Ghana as the continent’s digital gateway and it is no accident that we host Africa Continental Free Trade Area and are poised to use digital tools to accelerate the integration of the continent through trade,” the Communications and Digitalization Minister said.

She added that, “We have launched interventions to bridge the digital divide and encourage citizens to adopt ICT. We are implementing a rural telephony that will connect over 4 million unserved and underserved citizens to voice and data services on a shared national platform and network.”

Ursula Owusu-Ekuful emphasized the government’s intentional efforts to formalize the economy by implementing various digital initiatives. These initiatives include mobile money interoperability, the national ID card project, rural telephony, and several others.

Owusu-Ekuful highlighted the significance of the national ID card, functioning as a unified Electronic ID (EID) for all digital transactions. She pointed out that this initiative plays a crucial role in combating identity theft, as well as addressing issues related to crime, fraud, and corruption.

Latest stories

GRA surpasses goal of onboarding over 600 large companies to E-VAT platform

The Ghana Revenue Authority (GRA) has surpassed its goal...

Ghana set to receive $45m AfDB grant in 2025

Ghana is poised to receive a $45 million grant...

Ghanaians caught by FBI engaging in money laundering, ‘sakawa,’ other crimes

Ghana is internationally recognized as a peace-loving country, a...

FACT CHECK: Napo hasn’t resigned as Bawumia’s running mate

GhanaFact.com has investigated a widely circulated press statement claiming...

Humans should not be transported in Sprinter buses – Transport Consultant

Transport consultant, Cecil Gabrah, has raised concerns about the...

You all cannot win, accept 2024 election results in good faith – EC to candidates

Chairperson of the Electoral Commission, Jean Mensa, has emphasized...

My responsibility is to ensure Bawumia fulfills his promises – NAPO

The running mate of the New Patriotic Party (NPP),...

Related stories

GRA surpasses goal of onboarding over 600 large companies to E-VAT platform

The Ghana Revenue Authority (GRA) has surpassed its goal...

Ghana set to receive $45m AfDB grant in 2025

Ghana is poised to receive a $45 million grant...

Why tomato prices skyrocket every June: A seasonal phenomenon explained

The role of agriculture in most developing countries is...

COCOBOD makes $149.8m profit through restructured debt – Auditor General’s report

Ghana’s Cocoa Marketing Board (Cocobod) reported a profit of...

US$145m meter procurement breach by ECG exposed in Auditor-General’s Report

An Auditor-General (A-G) report has uncovered that the Electricity...

IMF keeps its projection for global growth unchanged at 3.2% for 2024

Global growth is expected to align with the April...