Ghana News & Trends

Bawumia, Idris Elba talk creative arts economy

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Today, Thursday, February 15, 2024, Vice President Dr. Mahamudu Bawumia received a courtesy call from Hollywood actor Idris Elba and his entourage.

In their encounter, the Vice President and Idris Elba had a profound conversation on Africa’s thriving and growing creative arts economy.

The primary focus of their conversation was the financial integration of Ghanaian creative arts and the creation of plans to include them in the international financial system.

Dr. Bawumia brought attention to the problem of numerous African industry participants being shut out of the global payments environment.

They looked into the possibility of implementing a new system that made use of blockchain technology to overcome this difficulty.

The goal of this system is to guarantee that Ghanaian musicians and artists are paid for their creations, wherever in the world they may be exploited for profit.

In addition to highlighting Ghana’s comparatively sophisticated digital payment system, Dr. Bawumia revealed that the new blockchain-based system is anticipated to be introduced in Ghana later this year.

He thanked Idris Elba for his dedication to advancing the creative arts economy in Africa.

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