‘We await cedi stabilization app’ — Franklin Cudjoe tells ‘App launcher’ Bawumia

Franklin Cudjoe, the Founding President of IMANI Africa, has again, reacted to Ghana’s economic challenges.

His comment follows Vice President Dr Mahamudu Bawumia recent launch of ride hailing App for taxi drivers and music streaming platform for the music industry as part of his digitalization agenda.

In a Facebook post on Friday, November 1, Cudjoe lauded Vice President Dr. Mahamudu Bawumia for launching the local digital platforms but questioned the government’s progress in stabilizing the cedi, which has been struggling against major international currencies.

“Yes, well done Veep!!!” Cudjoe wrote. “Now we wait for the Cedi Stabilization App to compete with the dollar and pound because the cedi has broken jail. Good night everyone.”

On October 30, the Vice President announced the launch of GoRide, a Ghanaian-owned ride-hailing app aimed at providing fairer commission rates for local drivers.

The platform seeks to challenge international ride-hailing giants whose high commission rates often cut significantly into the earnings of Ghanaian drivers.

According to Bawumia, GoRide will help alleviate this burden by lowering costs for drivers and empowering a locally owned alternative.

In addition to GoRide, the Vice President also introduced Ghana Music Xperience (GMX), a music streaming platform designed to offer fairer compensation for Ghanaian musicians.

The streaming service is intended to create a reliable revenue stream for artists who often struggle to receive equitable earnings from international platforms.

Speaking at the launch, Bawumia expressed hope that GMX would help boost the Ghanaian music industry and strengthen its cultural footprint both locally and internationally.