GHANA TO BOOST FUNDING FOR R&D IN SCIENCE, TECH AND INNOVATION

ACCRA– The Ghanaian government has decided to raise the level of funding for research and development (R&D) in Science, Technology and Innovation (STI) to a significant percentage of the nation’s gross domestic product (GDP), says Business Development Minister Dr Ibrahim Mohammed Awal.

To this end, the President had pledged that a minimum of one per cent of the gross domestic product (GDP) will be applied towards R&D, and this will be increased with time until it reaches three per cent of GDP, he said here Thursday at the opening of the Annual Regional Meeting (ARM) of the Science Granting Councils Initiative (SGCI) in Sub-Saharan Africa and the launch of the Ghana Innovation and Research Commercialization (GIRC) Centre.

This will be the primary source of funding for the National Science, Technology and Innovation, which is being established to support the development of the STI system of the country, added Dr Awal, who explained that the fund would be established as an autonomous body with oversight from the Ministry in-charge of STI.

The SCGCI seeks to strengthen capacities of Science Granting Councils (SGCs) in Eastern, Southern, Central and West Africa in order to support research and evidence-based policies which will contribute to economic and social development.

It is jointly funded by the British Department for International Development (DFID), Canada’s International Development Research Centre (IDRC), and South Africa’s National Research Foundation (NRF).

The SGCI member countries include Ghana, Kenya, Rwanda, Uganda, Tanzania, Ethiopia, CAte d’Ivoire, Burkina Faso, Senegal, Zambia, Mozambique, Malawi, Namibia and Zimbabwe.

The Accra meeting, Wednesday to Friday, is being hosted jointly by the African Technology Policy Studies (ATPS) and the Ministry of Environment, Science, Technology and Innovation (MESTI) under the theme, Research and Innovation for Job Creation”.

Source: NAM NEWS NETWORK

   

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GHANA TO BOOST FUNDING FOR R&D IN SCIENCE, TECH AND INNOVATION

ACCRA– The Ghanaian government has decided to raise the level of funding for research and development (R&D) in Science, Technology and Innovation (STI) to a significant percentage of the nation’s gross domestic product (GDP), says Business Development Minister Dr Ibrahim Mohammed Awal.

To this end, the President had pledged that a minimum of one per cent of the gross domestic product (GDP) will be applied towards R&D, and this will be increased with time until it reaches three per cent of GDP, he said here Thursday at the opening of the Annual Regional Meeting (ARM) of the Science Granting Councils Initiative (SGCI) in Sub-Saharan Africa and the launch of the Ghana Innovation and Research Commercialization (GIRC) Centre.

This will be the primary source of funding for the National Science, Technology and Innovation, which is being established to support the development of the STI system of the country, added Dr Awal, who explained that the fund would be established as an autonomous body with oversight from the Ministry in-charge of STI.

The SCGCI seeks to strengthen capacities of Science Granting Councils (SGCs) in Eastern, Southern, Central and West Africa in order to support research and evidence-based policies which will contribute to economic and social development.

It is jointly funded by the British Department for International Development (DFID), Canada’s International Development Research Centre (IDRC), and South Africa’s National Research Foundation (NRF).

The SGCI member countries include Ghana, Kenya, Rwanda, Uganda, Tanzania, Ethiopia, CAte d’Ivoire, Burkina Faso, Senegal, Zambia, Mozambique, Malawi, Namibia and Zimbabwe.

The Accra meeting, Wednesday to Friday, is being hosted jointly by the African Technology Policy Studies (ATPS) and the Ministry of Environment, Science, Technology and Innovation (MESTI) under the theme, Research and Innovation for Job Creation”.

Source: NAM NEWS NETWORK

   

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