Africa must embrace AI or risk being left behind - Bawumia

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Champagne 1 week ago

Cheap fool. Gyimigyimi. Shut up! Ne nkwaseasem!! Mtcheew

Cheap fool. Gyimigyimi. Shut up! Ne nkwaseasem!! Mtcheew
Jerusalem 1 week ago

Don't mind that goat. Erroneously thinking he is the one who invented computer. Apuu. I wonder whether he has washed his anus this morning. Or yet to

Don't mind that goat. Erroneously thinking he is the one who invented computer. Apuu. I wonder whether he has washed his anus this morning. Or yet to
Foster 1 week ago

Who even invited him to the summit? And he didn't go with Wontumi?

Who even invited him to the summit? And he didn't go with Wontumi?
$700 MILLION GOLDBOD LOOT 1 week ago

The great Bawumia has spoken. Today, the foolish NDC who criticized the Ghana card and your digitization push, have accepted it and disgraced themselves. Shameless fools in power.

The great Bawumia has spoken. Today, the foolish NDC who criticized the Ghana card and your digitization push, have accepted it and disgraced themselves. Shameless fools in power.
Kofi 1 week ago

Ghana’s only hope for the future. Well done Dr. Bawumia.

Ghana’s only hope for the future. Well done Dr. Bawumia.
Name 1 week ago

Don't make me laugh: NPP is now Yamutu. Or you mean Bawumia will go independent?

With full NPP behind him, he got 38%. When he goes independent, he'll have ti share 10% with others !!

Don't make me laugh: NPP is now Yamutu. Or you mean Bawumia will go independent?

With full NPP behind him, he got 38%. When he goes independent, he'll have ti share 10% with others !!
K Poku-London-UK 1 week ago

Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ...
read full comment

Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out of its 68 years history-Ghana IS A FAILED STATE. Dr Bawumia pls aren't you embarrassed by revelations at the PAC on revelations of crime committed by the very people u and Akuffo Addo appointed to run affairs of this country? What record are u going to defend. I have lost respect for you. A muslim without intergrity.
The World Bank has pushed back against the erstwhile Akufo-Addo administration’s long-held narrative that Ghana’s 2022 economic collapse was the result of global turmoil, the COVID-19 pandemic and the Russia-Ukraine war.
Bawumia was the Chairman of the Ghana National Economic Management Committee but he says that he was the Drivers Mate. How can a driver's mate do this when he claims he never had the chance to implement anything in government because the powers that be did not allow him. Yet he wants to claim credit for any good things that he never did yet will refuse to accept responsibility for any failure in their government. How stupid does this man think we are? You took the cedi from 4 to 17 and still had the audacity to tell us the rate of depreciation at that time was better than the previous NDC administration. What at all does this man take us for? Does he think we're stupid or what? Someone should tell this man that we haven't forgotten about the DDEP haircuts and surely we shall punish the npp again come 2028.

It insisted that the economic meltdown was “homegrown”.

In its latest 2025 Policy Notes on Ghana, the Bank made clear that while the COVID-19 pandemic and Russia’s invasion of Ukraine worsened the situation, they were not the root cause.

“The deterioration of global conditions… was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions,” the report said.

The government has frequently blamed external shocks for the collapse, which saw inflation spiral, the cedi plummet, and the country default on its debt.

But the World Bank said years of weak governance, fiscal indiscipline, and stalled reforms were the real culprits of Ghana's "dark days".

Interbank Market: Cedi trades at GH¢12.35 to $1

The bank also argued that the easy access to international credit and expectations of resource windfalls encouraged short-term political decisions at the expense of long-term stability.

The report noted that the cycle of expansionary spending followed by painful corrections, one that has forced Ghana into 17 IMF programs over the past 68 years, is damaging.

“Sudden macroeconomic stops and crises have led the country to request a record number of IMF programs, remaining under active IMF support for 40 out of its 68 years of history,” the Bank said.

The report also noted that more than 800,000 people were pushed into poverty in the aftermath of the 2022 crisis, with per capita incomes stuck at around US$2,200 for over a decade.

Today, more than a quarter of Ghanaians live below the poverty line, it noted.

Looking ahead, the Bank also raised alarms about Ghana’s fiscal management in the 2024 election year.

It flagged unbudgeted spending commitments of roughly US$4.8 billion, equivalent to 5.7% of GDP, much of it accumulated outside official financial systems.

“Spending indiscipline poses a critical challenge…undermining efforts to maintain fiscal discipline and compromising long-term sustainability,” the report cautioned.

Also, the energy sector arrears still cost around 2% of GDP annually, while COCOBOD’s debts reached US$1.8 billion in 2024, with interventions distorting markets and hurting farmers.

The bank warned that Ghana now stands at a critical crossroads, and temporary fixes will not be enough.

“There is an urgent need to signal a clear break from the past and a commitment to change… Success will ultimately be measured by the ability of the government to regain the trust of its citizens.”

Its recommendations are focused on restoring fiscal discipline, broadening the tax base, reforming state-owned enterprises, and enhancing governance.

Without decisive reforms, the World Bank cautions, Ghana risks remaining trapped in its cycle of crisis and bailouts for decades to come.

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K Poku-London-UK 1 week ago

Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ...
read full comment

Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out of its 68 years history-Ghana IS A FAILED STATE. Dr Bawumia pls aren't you embarrassed by revelations at the PAC on revelations of crime committed by the very people u and Akuffo Addo appointed to run affairs of this country? What record are u going to defend. I have lost respect for you. A muslim without intergrity.
The World Bank has pushed back against the erstwhile Akufo-Addo administration’s long-held narrative that Ghana’s 2022 economic collapse was the result of global turmoil, the COVID-19 pandemic and the Russia-Ukraine war.
Bawumia was the Chairman of the Ghana National Economic Management Committee but he says that he was the Drivers Mate. How can a driver's mate do this when he claims he never had the chance to implement anything in government because the powers that be did not allow him. Yet he wants to claim credit for any good things that he never did yet will refuse to accept responsibility for any failure in their government. How stupid does this man think we are? You took the cedi from 4 to 17 and still had the audacity to tell us the rate of depreciation at that time was better than the previous NDC administration. What at all does this man take us for? Does he think we're stupid or what? Someone should tell this man that we haven't forgotten about the DDEP haircuts and surely we shall punish the npp again come 2028.

It insisted that the economic meltdown was “homegrown”.

In its latest 2025 Policy Notes on Ghana, the Bank made clear that while the COVID-19 pandemic and Russia’s invasion of Ukraine worsened the situation, they were not the root cause.

“The deterioration of global conditions… was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions,” the report said.

The government has frequently blamed external shocks for the collapse, which saw inflation spiral, the cedi plummet, and the country default on its debt.

But the World Bank said years of weak governance, fiscal indiscipline, and stalled reforms were the real culprits of Ghana's "dark days".

Interbank Market: Cedi trades at GH¢12.35 to $1

The bank also argued that the easy access to international credit and expectations of resource windfalls encouraged short-term political decisions at the expense of long-term stability.

The report noted that the cycle of expansionary spending followed by painful corrections, one that has forced Ghana into 17 IMF programs over the past 68 years, is damaging.

“Sudden macroeconomic stops and crises have led the country to request a record number of IMF programs, remaining under active IMF support for 40 out of its 68 years of history,” the Bank said.

The report also noted that more than 800,000 people were pushed into poverty in the aftermath of the 2022 crisis, with per capita incomes stuck at around US$2,200 for over a decade.

Today, more than a quarter of Ghanaians live below the poverty line, it noted.

Looking ahead, the Bank also raised alarms about Ghana’s fiscal management in the 2024 election year.

It flagged unbudgeted spending commitments of roughly US$4.8 billion, equivalent to 5.7% of GDP, much of it accumulated outside official financial systems.

“Spending indiscipline poses a critical challenge…undermining efforts to maintain fiscal discipline and compromising long-term sustainability,” the report cautioned.

Also, the energy sector arrears still cost around 2% of GDP annually, while COCOBOD’s debts reached US$1.8 billion in 2024, with interventions distorting markets and hurting farmers.

The bank warned that Ghana now stands at a critical crossroads, and temporary fixes will not be enough.

“There is an urgent need to signal a clear break from the past and a commitment to change… Success will ultimately be measured by the ability of the government to regain the trust of its citizens.”

Its recommendations are focused on restoring fiscal discipline, broadening the tax base, reforming state-owned enterprises, and enhancing governance.

Without decisive reforms, the World Bank cautions, Ghana risks remaining trapped in its cycle of crisis and bailouts for decades to come.

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872222222222222222222224444444444444444444444444444446666
DKB 1 week ago

4 comments I just briefly read shows the level of mentality and low brain power of all 4. This is not an insult but just suprised at the level of ignorance displayed by such comments.

4 comments I just briefly read shows the level of mentality and low brain power of all 4. This is not an insult but just suprised at the level of ignorance displayed by such comments.
Be informed 1 week ago

Massa, comments don’t solve problems. If you were not ignorant yourself, you’d have realised that digitisation is not an event, it’s a process. You can’t just do catch up with the giants, you need to invest and this i ...
read full comment

Massa, comments don’t solve problems. If you were not ignorant yourself, you’d have realised that digitisation is not an event, it’s a process. You can’t just do catch up with the giants, you need to invest and this investment has been going on for a while now. Many government institutions have been digitising eg land commission, SSNIT, PPA, survey department, hospitals etc.

GOLDEN 1 week ago

MAKE OWN RESEARCH BEFORE YOU EMBRACE IT,THERE ARE BOTH POSITIVE AND NEGATIVE SIDES,DO NOT JUST FOLLOW THE CROWD WITHOUR CHECKING FACTS!!!!!!!

MAKE OWN RESEARCH BEFORE YOU EMBRACE IT,THERE ARE BOTH POSITIVE AND NEGATIVE SIDES,DO NOT JUST FOLLOW THE CROWD WITHOUR CHECKING FACTS!!!!!!!
TRUTH 1 week ago

hey this man!

From Digitalisation to AI.

He will soon move on to deities and mystics.

hey this man!

From Digitalisation to AI.

He will soon move on to deities and mystics.
La Pleasure man 1 week ago

Bawuliar aka the Walewale donkey, global champion for AD (artificial dumbness).

Bawuliar aka the Walewale donkey, global champion for AD (artificial dumbness).
Nana K 1 week ago

What's the useless pig saying,

What's the useless pig saying,
COOLBLUE 1 week ago

When did Bawuliar became an IT specialist?

I thought Akufo Addo once introduced and presented this man to Ghanaians as an economic brain only for him to fail abysmally only to prove to Ghanaians that he probable graduated ...
read full comment

When did Bawuliar became an IT specialist?

I thought Akufo Addo once introduced and presented this man to Ghanaians as an economic brain only for him to fail abysmally only to prove to Ghanaians that he probable graduated in comedy, rather?

Bawuliar must give us a break, he's neither an econmist nor IT specialist. Bawuliar has proven to be a celebrated stand up comedian.
Zugu. Of zabzugu / TataleN/R 1 week ago

Instead of talking about the economy this walewale Adam smith is still talking about AI. Who told him Africans haven’t embraced AI
Better shut up if you have nothing to say please Adam smith

Instead of talking about the economy this walewale Adam smith is still talking about AI. Who told him Africans haven’t embraced AI
Better shut up if you have nothing to say please Adam smith
Kim 1 week ago

He started the nonsense again, talk about the economy.As for you we know you are a liar.

He started the nonsense again, talk about the economy.As for you we know you are a liar.
MR AVU 1 week ago

Mr fundermental......Your end has come long ago..

Mr fundermental......Your end has come long ago..
Sam Fante warrior 1 week ago

Kwasea dirty stinking Fulani fu*ker he is going around to preach his digital nonsense. Economy head is running away to digital. Foolish educated empty head.

Kwasea dirty stinking Fulani fu*ker he is going around to preach his digital nonsense. Economy head is running away to digital. Foolish educated empty head.
Name 1 week ago

Get Serious, Mr Bawumia !!

Yes, Ghana has issues/problems, but our dire problem is certainly not AI. NEVER !!

To cite but a few examples: We need to ensure that no single pupil should sit on stones and under trees to at ...
read full comment

Get Serious, Mr Bawumia !!

Yes, Ghana has issues/problems, but our dire problem is certainly not AI. NEVER !!

To cite but a few examples: We need to ensure that no single pupil should sit on stones and under trees to attend classes before we think of going AI.

We need to ensure that every single soul in Ghana has clean water to drink and to wash themselves before we think of going AI. If some businessman want to introduce and make money out of it. That'S their business, thoug.

Finally, get this into your brains that Ghana is not for elites like you and your family who can afford every luxury. Again know that, giving rhetoric somewhere won't make Africa lead the AI race. Like any other technology, we are only an end user and most of the time, what reaches us is what developed countries have used 5 to 10 years earlier, because the initial stages of every technology is so expensive that e can never cope with.

Even in standard technology like mechanics, electronics, software engineering etc we are at least a 50 years behind, let alone top notch state-of-the-art tech like AI.

The majority of Africans are relatively poor and their need is certainly not artificial intelligence, but the urgent need to get food, water, standard education etc.

In Twi we have the adage: 'Y3n y3 nea ehia ansa na y'ay3 nea 3fata', to wit: we handle 'MUST-have's before handling 'NICE-to-have's. AI is definitely a nice-to-have (at least at the moment) for most part of Africa. If you doubt me, don't travel to faraway UK: just visit AGBOGBLOSHIE in Accra and see things for yourself !!

Perhaps, you do not have such axioms in your mother tongue, explaining your craze for 'wild dreams'.

Asante 1 week ago

Bawumia Africa must first fight corruption and make sure that those who serve do not take money outside the country and fight for protection by try to gain American citizenship. Accountability must be key and you and your par ...
read full comment

Bawumia Africa must first fight corruption and make sure that those who serve do not take money outside the country and fight for protection by try to gain American citizenship. Accountability must be key and you and your party do not think that people entrusted with our mandate must account. First bring back Ken Ofori Atta then we will take you serious.
Doug 6 days ago

I appreciate his advocacy for digitalization but caution that the architecture of AL's e-governance has not been created in the image' of the African experience just like several contents. To bolster the new era our present e ...
read full comment

I appreciate his advocacy for digitalization but caution that the architecture of AL's e-governance has not been created in the image' of the African experience just like several contents. To bolster the new era our present educational system must be dismantled and remodeled to fit our needs.
Sycamore 6 days ago

NATO
No
Action
Talk
Only
Bawumia

NATO
No
Action
Talk
Only
Bawumia
Kay 6 days ago

Hypocrisy

Hypocrisy
Kweku 6 days ago

He has started again with his digitization crusade. This guy has nothing to offer Ghana and he will never lead the country.

He has started again with his digitization crusade. This guy has nothing to offer Ghana and he will never lead the country.
Elnie 5 days ago

Ghanaians prefer Nkoko Nketsi nketsi

Ghanaians prefer Nkoko Nketsi nketsi

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Africa must embrace AI or risk being left behind - Bawumia

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