Ghana’s Minister for Communication, Digital Technology, and Innovations, Samuel Nartey George, has unveiled plans to channel $50 million from the Fintech Development Fund into startups and innovation-driven businesses, aiming to build a sustainable innovation ecosystem backed by an Act of Parliament.
Speaking during a meeting with a delegation from the African Council of Graduates, the Minister emphasized the Ministry’s role as a facilitator—“the wind in the sails” of government—empowering other ministries through technology and digital support. Examples include leveraging meteorological data for agriculture and collaborating across sectors to scale initiatives.
Key focus areas include:
- Digital skills development through initiatives like One Million Coders
- Support for innovation and entrepreneurship, particularly in agriculture and agro-processing
- Adoption of drone and data analytics technologies to boost efficiency
- Startup support through incubators and accelerators
The African Council of Graduates proposed a formal MoU with the Ministry, focusing on youth empowerment via digital training and innovation. Discussions also explored equipping students before graduation with digital competencies to reduce unemployment.
Minister George reiterated the need for cross-sector collaboration, highlighting digitalization as a catalyst for economic growth, education, and improved quality of life in Ghana.
Source: TechAfrica News
Via: Extensia.Tech