Dr. Mahamadu Bawumia, the vice president of Ghana, and Idris Elba, a well-known British superstar, met to discuss how to grow Africa’s creative economy.
The Vice President Bawumia in charge of digitalization said on Facebook that the meeting’s objective depended on including Ghana’s creative sector and coming up with plans to incorporate it into the global financial system.
The article further disclosed that the meeting that is taking place today is a part of the larger commitment and arrangements for the introduction of a sophisticated digital payment system that will enable Ghanaian artists to get fair compensation for the commercial usage of their creations wherever in the globe.
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Today, I met with celebrated actor, Idris Elba and his team, and we had a meaningful dialogue on the dynamic and expanding creative arts economy of Africa. Our focus was on the financial inclusion of Ghanaian creative arts and devising strategies to integrate them into the worldwide financial ecosystem.
Many African industry players are locked out of the global payments ecosystem and we therefore discussed the proposed implementation of a new system leveraging blockchain technology to assist them and ensure that they get paid for their music and arts no matter where in the world it is used commercially.
Given Ghana’s relatively advanced system of digital payments, the new system is expected to be launched in Ghana later this year. My thanks to Idris Elba for his commitment to the development of the African creative arts economy.