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    PURC justifies 18.36% increase in electricity tariff

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

    BoG Act needs clarity, improvement for easy implementation – Governor

    Utility tariff increase will cripple businesses – AGI

    GRA arrests 3 shop owners for not issuing VAT invoices

    GNPC-PetroSA deal: Freddie Blay threatens to sue CSOs

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    PURC justifies 18.36% increase in electricity tariff

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

    BoG Act needs clarity, improvement for easy implementation – Governor

    Don’t shortchange customers; use standardized measurements – Traders told

    We’re ready to provide liquidity support to banks – BoG reiterates

    Utility tariff increase will cripple businesses – AGI

    GRA arrests 3 shop owners for not issuing VAT invoices

    GNPC-PetroSA deal: Freddie Blay threatens to sue CSOs

    Mahama speaks at 2023 Korea Africa Business Summit

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    PURC justifies 18.36% increase in electricity tariff

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

    BoG Act needs clarity, improvement for easy implementation – Governor

    Utility tariff increase will cripple businesses – AGI

    GRA arrests 3 shop owners for not issuing VAT invoices

    GNPC-PetroSA deal: Freddie Blay threatens to sue CSOs

    Chinese involvement in Ghana’s economy not problematic – Nana Addo

    Ghana Association of Banks welcomes provisions for recapitalization

    BoG commissions Financial Industry Command Security Operations Centre

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    Ghana gets $300 million from US to build first-of-its-kind data center

    Telcoms industry players urged to partner government to promote clean energy transition

    Dominion University To Partner With USA Organisations To Set Up Centre Of Excellence For Artificial Intelligence

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

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    Mining propels Ghana to beat growth estimates in fourth quarter

    BoG pushes for improvement in IMF’s lending framework to boost continent’s access to resources

    Foreign exchange: Several African countries have a shortage of US dollars – why this happens and how to fix it

    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

    5 important things to know about the African Continental Free Trade Area agreement

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Demand better offers from developed countries – Bawumia tells African leaders

bycitibusinessnews
May 3, 2023
in News, Top Stories
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Vice President Dr. Mahamudu Bawumia has urged African countries to demand more from Western countries that seek development assistance.

According to Dr. Bawumia, the West’s recent rush for Africa’s support means the continent must demand larger shares.

His remark comes in the wake of what many regard as the superpowers’ desperation for Africa’s partnership.

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The Vice President spoke during an interview on the Africa Policy Journal.

“It goes without saying that we as a continent deserve a seat at the table. We are a major contributor to the development of the world in terms of our resources. We are a major bloc. AfCFTA has been developed, so it gives us some market power and negotiation power at the table if we recognize that. I think that the rest of the world will listen to us if we put our game together. But if we go with the current circumstances, we will not be listened to and be taken seriously. So, we have to do the things that make sense, so we can negotiate for things important to the continent.”

In the same interview, Dr. Mahamudu Bawumia challenged African leaders not to lose sight of the fourth industrial revolution.

He believes that modern technology and artificial intelligence have the potential to change African economies.

For him, Africa cannot continue to fall behind, and the continent must actively engage in the fourth industrial revolution by leveraging technology advancements to accelerate socioeconomic growth.

“We were left behind in the first, second and third industrial revolutions, but we should not be left out in the fourth industrial revolution. I think that artificial intelligence applied properly will be a big boost to Africa to help us leapfrog and help us catch up in many areas. I think that AI should be seen as a tool to assist us”, he said.

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Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

BoG Act needs clarity, improvement for easy implementation – Governor

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Utility tariff increase will cripple businesses – AGI

GRA arrests 3 shop owners for not issuing VAT invoices

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