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‘Smart formalisation’ will surmount Africa’s challenges — Ba...

modernghana.com/news/1...

submitted 9 months ago by afia3

‘Smart formalisation’ will surmount Africa’s challenges — Ba...

submitted 9 months ago by afia3

‘Smart formalisation’ will surmount Africa’s challenges — Ba...
  • Former Vice President Dr. Mahamudu Bawumia believes that Africa can overcome its development challenges by using a digitally-driven strategy called "smart formalisation."
  • He highlighted the continent's deep-rooted problems hindering progress, such as lack of unique identification, informal cash transactions, financial exclusion, and weak tax compliance, and emphasized the need for digital transformation to accelerate development and build resilient economies.
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