• Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
Sunday, June 29, 2025
No Result
View All Result
NEWSLETTER
The Overseers - Ghana No.1 News
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    GJA commends Mahama for restoration 62 suspended stations

    GJA commends Mahama for restoration 62 suspended stations

    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

    Comply within 30 days – Sam George warns suspended stations

    Restore suspended radio stations – Mahama directs Sam George

    Restore suspended radio stations – Mahama directs Sam George

    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

    Data bundle values to increase by 10-15% from July 1- Sam George

    Data bundle values to increase by 10-15% from July 1- Sam George

    Gov’t negotiates with strategic partners to takeover AT – Sam George

    Gov’t negotiates with strategic partners to takeover AT – Sam George

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Late Nigerian Boxer Olanrewaju repatriated – GBA

    Late Nigerian Boxer Olanrewaju repatriated – GBA

    2025 BET Awards: Ayra Starr wins best International Act [FULL LIST]

    2025 BET Awards: Ayra Starr wins best International Act [FULL LIST]

    West Ham open to £65m Kudus Sale amid Newcastle interest

    West Ham open to £65m Kudus Sale amid Newcastle interest

    Man Utd close to signing Wolves’ Cunha

    Man Utd close to signing Wolves’ Cunha

    Pornhub and three other porn sites face EU child safety probe

    Pornhub and three other porn sites face EU child safety probe

    Otto Addo unveils 23-man Squad for 2025 Unity Cup

    Otto Addo unveils 23-man Squad for 2025 Unity Cup

    Akrobeto survives road accident near Konongo

    Akrobeto survives road accident near Konongo

    Creative Arts Agency engages GIFEC for strategic digital partnership

    Creative Arts Agency engages GIFEC for strategic digital partnership

    Lyrical Joe disappointed after losing TGMA rap performance award

    Lyrical Joe disappointed after losing TGMA rap performance award

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    A/R: 3-year-old boy survives after falling from storey building at Bantama

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Court orders NLC to serve GRNMA with injunction order

    Court orders NLC to serve GRNMA with injunction order

    Operational hours at Kumasi, Tamale Airports extended

    Operational hours at Kumasi, Tamale Airports extended

    2025 Hajj: Two dead, five persons repatriated

    2025 Hajj: Two dead, five persons repatriated

    Rotational Nurses and Midwives threatens nationwide strike effective June 2

    Rotational Nurses and Midwives threatens nationwide strike effective June 2

    Ghana slashes visa application to 5 working days

    Ghana slashes visa application to 5 working days

    Railway operations unsustainable without private sector – Railway Authority Boss

    Railway operations unsustainable without private sector – Railway Authority Boss

    Joe Biden diagnosed with ‘aggressive’ prostate cancer

    Joe Biden diagnosed with ‘aggressive’ prostate cancer

    Ghana Confirms Two More Mpox Cases, Total Now Four

    Ghana Confirms Two More Mpox Cases, Total Now Four

    Trending Tags

  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    GJA commends Mahama for restoration 62 suspended stations

    GJA commends Mahama for restoration 62 suspended stations

    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

    Comply within 30 days – Sam George warns suspended stations

    Restore suspended radio stations – Mahama directs Sam George

    Restore suspended radio stations – Mahama directs Sam George

    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

    Data bundle values to increase by 10-15% from July 1- Sam George

    Data bundle values to increase by 10-15% from July 1- Sam George

    Gov’t negotiates with strategic partners to takeover AT – Sam George

    Gov’t negotiates with strategic partners to takeover AT – Sam George

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Late Nigerian Boxer Olanrewaju repatriated – GBA

    Late Nigerian Boxer Olanrewaju repatriated – GBA

    2025 BET Awards: Ayra Starr wins best International Act [FULL LIST]

    2025 BET Awards: Ayra Starr wins best International Act [FULL LIST]

    West Ham open to £65m Kudus Sale amid Newcastle interest

    West Ham open to £65m Kudus Sale amid Newcastle interest

    Man Utd close to signing Wolves’ Cunha

    Man Utd close to signing Wolves’ Cunha

    Pornhub and three other porn sites face EU child safety probe

    Pornhub and three other porn sites face EU child safety probe

    Otto Addo unveils 23-man Squad for 2025 Unity Cup

    Otto Addo unveils 23-man Squad for 2025 Unity Cup

    Akrobeto survives road accident near Konongo

    Akrobeto survives road accident near Konongo

    Creative Arts Agency engages GIFEC for strategic digital partnership

    Creative Arts Agency engages GIFEC for strategic digital partnership

    Lyrical Joe disappointed after losing TGMA rap performance award

    Lyrical Joe disappointed after losing TGMA rap performance award

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    A/R: 3-year-old boy survives after falling from storey building at Bantama

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Court orders NLC to serve GRNMA with injunction order

    Court orders NLC to serve GRNMA with injunction order

    Operational hours at Kumasi, Tamale Airports extended

    Operational hours at Kumasi, Tamale Airports extended

    2025 Hajj: Two dead, five persons repatriated

    2025 Hajj: Two dead, five persons repatriated

    Rotational Nurses and Midwives threatens nationwide strike effective June 2

    Rotational Nurses and Midwives threatens nationwide strike effective June 2

    Ghana slashes visa application to 5 working days

    Ghana slashes visa application to 5 working days

    Railway operations unsustainable without private sector – Railway Authority Boss

    Railway operations unsustainable without private sector – Railway Authority Boss

    Joe Biden diagnosed with ‘aggressive’ prostate cancer

    Joe Biden diagnosed with ‘aggressive’ prostate cancer

    Ghana Confirms Two More Mpox Cases, Total Now Four

    Ghana Confirms Two More Mpox Cases, Total Now Four

    Trending Tags

No Result
View All Result
The Overseers - Ghana No.1 News
No Result
View All Result

Bawumia: ‘Smart formalisation’ will surmount Africa’s challenges

by Mawuli Innocent
May 18, 2025
in Uncategorised
0
Bawumia: ‘Smart formalisation’ will surmount Africa’s challenges
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Former Vice President of Ghana, Dr Mahamudu Bawumia, has stated that the key to overcoming Africa’s longstanding development challenges lies in a strategy he terms “smart formalization”—a digitally driven approach to transforming public administration, economic systems, and service delivery.

Giving the keynote address at the Cambridge Africa Business Conference themed ‘Africa’s Digital Transformation: Building Resilient Economies Through Innovation,’ on Saturday, May 17, Dr. Bawumia lamented that after more than 60 years of independence, many African countries still face deep-rooted problems that hinder productivity and progress.

He outlined the major challenges including the lack of unique identification for citizens, absence of a functional national property address system, a large informal sector dependent on cash transactions, widespread financial exclusion, lack of individualized credit scoring, high interest rates, fragmented and manual government databases, inefficiencies in health service delivery, limited access to healthcare in rural areas, and poor revenue mobilization due to weak tax compliance.

He argued that these conditions have led to low productivity, high unemployment, and persistent poverty across the continent.

“Let me quickly dive into what I believe presents the greatest opportunity to surmount these challenges and turn them into progress,” he said. “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 is a necessity for resilience.”

Dr. Bawumia explained that “smart formalization” involves building integrated systems that enable governments to know their citizens better and interact with them efficiently and affordably. He emphasized that this approach creates a “virtuous cycle” where governments deliver better services, citizens engage more transparently and safely, and development is accelerated.

Drawing parallels with the post-WWII development trajectories of countries in the Global North, he pointed out that modern technology—including blockchain, artificial intelligence, and mobile computing—gives African nations the chance to leapfrog outdated systems and adopt smarter, more inclusive economic models.

Dr. Bawumia therefore called on African governments to fully embrace digital transformation, not only as a modernization effort but as a strategic solution to entrenched structural challenges.

Through “smart formalization,” he believes the continent can foster inclusive growth, improve public service delivery, and build resilient economies.

Source: Citinewsroom
Via: Mawuli Innocent
Tags: Bawumia.Ghana News
Mawuli Innocent

Mawuli Innocent

Related Posts

Eric Opoku secures FAO support to deepen Ghana’s agricultural transformation agenda

Eric Opoku secures FAO support to deepen Ghana’s agricultural transformation agenda

by theoverseer
June 29, 2025
0

Minister for Food and Agriculture, Eric Opoku, has secured renewed support from the Food and Agriculture Organization (FAO) to advance...

Burkina Faso Shippers’ Council engages Ghana Shippers’ Authority to promote regional trade

Burkina Faso Shippers’ Council engages Ghana Shippers’ Authority to promote regional trade

by theoverseer
June 29, 2025
0

A delegation from Burkina Faso’s Shippers’ Council (CBC), led by Communications Director Yeye Aline and accompanied by four journalists from...

Calls for removal of EC boss, deputies justified – Franklin Cudjoe

Calls for removal of EC boss, deputies justified – Franklin Cudjoe

by theoverseer
June 28, 2025
0

President of IMANI Africa, Franklin Cudjoe, has asserted that calls for the removal of the Electoral Commission (EC) Chairperson, Jean...

Kwasi Kwarteng Appointed Official Spokesperson for Kennedy Agyapong’s Campaign

Kwasi Kwarteng Appointed Official Spokesperson for Kennedy Agyapong’s Campaign

by Mawuli Innocent
June 28, 2025
0

Legal Practitioner and member of the NPP National Communications Team, Mr. Kwasi Kwarteng, has been appointed as the official spokesperson...

Zoomlion Deploys 200 New Trucks toTackle Waste Management Nationwide

Zoomlion Deploys 200 New Trucks toTackle Waste Management Nationwide

by Mawuli Innocent
June 28, 2025
0

Zoomlion Ghana Limited has deployed 100 out of 200 new state-of-the-art waste management trucks nationwide, with the remaining 100 trucks...

Trump to cut off trade talks with Canada

Trump to cut off trade talks with Canada

by theoverseer
June 27, 2025
0

US President Donald Trump has said he is cutting off trade talks with Canada "immediately" as the country looks to...

Next Post
Notorious robbery suspect captured in Togo, extradited to Ghana

Notorious robbery suspect captured in Togo, extradited to Ghana

Recommended

NAPO Pledges Service ,Leadership and Rallies NPP Members to Come on Board

NAPO Pledges Service ,Leadership and Rallies NPP Members to Come on Board

12 months ago
Rise of unregistered firearms alarming – Muntaka

Rise of unregistered firearms alarming – Muntaka

1 month ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact
    Call us: +23320000000

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.

    No Result
    View All Result
    • Home
    • Politics
    • World
    • Business
    • Science
    • National
    • Entertainment
    • Gaming
    • Movie
    • Music
    • Sports
    • Fashion
    • Lifestyle
    • Travel
    • Tech
    • Health
    • Food

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.