Business News of Wednesday, 19 March 2025
Source: www.ghanawebbers.com
Eric Annan, CEO of AyaHQ, believes Ghana could triple its GDP to over GHS 3 trillion in the next decade by aggressively adopting blockchain technology. Speaking to NorvanReports, he described blockchain as "the internet of value," emphasizing its potential to empower Ghanaians to create and own economic value.
With over one million Ghanaians engaged in blockchain-related activities, Annan called for regulatory clarity to encourage innovation and investment. He urged policymakers to position Ghana as a blockchain hub, fostering local startups and attracting foreign capital.
He argued that strategic adoption could drive financial inclusion, enhance transparency, and generate billions for the economy. However, challenges such as regulatory uncertainty, security concerns, and adoption barriers remain.
Annan urged the government to act decisively, stating, "This is about defining our economic future for the next 100 years. Ghana must tell the world we are open for blockchain business."