Ghana’s Vice President and flagbearer of the governing New Patriotic Party (NPP), Dr. Mahamudu Bawumia, recently held a meeting with renowned actor Idris Elba to discuss the expansion of Africa’s creative arts economy.
During their meeting, the Vice President emphasized the importance of ensuring that creatives in Africa, particularly in Ghana, have access to the global payment ecosystem. He expressed his commitment to supporting the implementation of a new system that utilizes blockchain technology. This system aims to assist creatives in receiving fair compensation for their music and arts, regardless of where in the world it is used commercially.
Check out Bawumia’s Statement After the Meeting
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.
