H.E Dr. Bawumia Mahamudu, Vice President of the Republic, has on February 15, 2024, received Idris Elba and his team to the Jubilee House to discuss the dynamics of the creative arts economy of Africa.
Dr. Bawumia noted that, “Our focus was on the financial inclusion of Ghanaian creative arts and devising strategies to integrate them into the worldwide financial ecosystem”.
He added that a lot of African industry players are locked out of the global payments ecosystem which necessitated the need to discuss the proposed implementation of a new system based on blockchain technology to assist them and ensure that payments are made for their music and arts regardless of where it is used commercially.
Dr. Bawumia further noted that, “Given Ghana’s relatively advanced system of digital payments, the new system is expected to be launched in Ghana later this year”, and has expressed appreciation to Idris Elba for his commitment to the development of the African creative arts economy.
