Vice President, Dr. Mahamudu Bawumia, has stated that the establishment of the digital youth hub, currently under construction at the University of Ghana campus, will grow entrepreneurs and attract investors to Ghana.

According to him, there is empirical evidence that shows a direct positive correlation between digitalization and economic growth.

Addressing the press after inspecting the ongoing project on Tuesday, October 8, 2024, Dr. Bawumia noted that phase one of the digital youth hub will be commissioned by the end of the year.

The project, which falls under the government's Ghana CARES programme, is aimed at equipping the youth with digital skills in this 4th Industrial Revolution era.

“The digital youth hub is part of a greater agenda for Ghana to build a digital space to accelerate digitalization because all the empirical evidence shows a direct positive correlation between digitalization and economic growth. The countries that can take advantage of the 4th Industrial Revolution are the countries that are going to create economic growth. So, we need to make sure that the youth within our country have the skills to participate in this 4th Industrial Revolution," he stated.

The Vice President further said, “If you don’t have digital skills, you are going to be left behind, and I think that this initiative to create digital youth hubs is good so you can grow your entrepreneurs and attract investors. This is part of a greater agenda for Ghana to build a digital space to accelerate digitalization because all the empirical evidence shows a direct positive correlation between digitalization and economic growth,” Dr. Mahamudu Bawumia remarked.

“The Digital Youth Hub is part of a broader strategy for Ghana in terms of building the digital space. What you are seeing here today is phenomenal. This is just months of work, and from what the contractor tells us, we will have Phase 1 commissioned in December," he added.

“The countries that can take advantage of the 4th Industrial Revolution are the countries that are going to create economic growth. So we need to make sure that the youth within our country have the skills to participate in this 4th Industrial Revolution,” the Vice President pointed out.

The digital youth hub will serve as an innovative space for young Ghanaian technology entrepreneurs to interact, collaborate, start up, and build sustainable technology-based businesses.

The hub will have an auditorium with a 2,200 seating capacity.

SA/OGB

Watch the latest edition of BizHeadlines below:



Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Click here to follow the GhanaWeb Business WhatsApp channel