Dr. Mahamudu Bawumia, vice president, has emphasized the significance of a digital economy in the contemporary world.

He claims that the fourth industrial revolution, often known as the digital revolution and the future, has been somewhat felt in Ghana and many other nations.

Ghana's vice president advised African economies to swiftly digitize in order to reap the rewards of the digital revolution in an interview with The Standard, a Kenyan news outlet.

"As an economic strategy in Ghana, digitization has received a lot of attention.

The fourth industrial revolution, sometimes known as the digital revolution, is currently taking place on a global scale.

It is a revolution built on systems and data.

If you don't digitize as an economy in this day and age, you will fall behind.

Africa has lagged behind for far too long, and I think that leapfrogging will require digitization.

“We digitalize not for its own sake but to solve problems, formalize and build a more inclusive economy, deal with corruption and to provide services to our people more efficiently from the government side,” Dr. Bawumia explained.

He further outlined some steps taken by the governing NPP administration to usher Ghana into the digital world as part of the 4th Industrial Revolution.

“A lot of people were excluded from the economy so we did digital IDs for our people, so we have unique identities for everybody. Once you have unique identities for everyone you will not have ghost workers on the payroll and also sort the voter registry.

“We had an issue with the address system in Ghana, and through digitization, we solved the problem. Every part of the country, land or water, mansion or shark you have a unique digital address that we have rolled out in the country. This has solved a big problem as now deliveries can easily be made through e-commerce, and in the instance, you are applying for a job you can easily state your address,” Dr. Bawumia said.

Touching on efforts made to enhance financial inclusion in Ghana, the Vice President said the implementation of the mobile money interoperability system has ensured that cash transactions are made in an easy and convenient manner.

“It is not just operability between the mobile companies, but interoperability between the mobile wallet and a bank account which means that every mobile money account practicably has a bank account. We [Ghana] were the first country in Africa to do so. Today it is very easy for someone to open a bank account in Ghana, you have your national ID card, you get onto your mobile phone and then dial a USSD Code and you chose one of the banks and there you go, you have a bank account.

"All of our databases have been merged, allowing us to maximize the benefits of our digitization process.

For other African nations, digitization is the way to go, and with it, we can catch up to more developed nations.

We are currently the world's largest provider of medical drone delivery services in Ghana.

We currently have 100 flights a day providing medicine using drones across the nation, he said.