COUNTRY:  GHANA. 

Ghana is strengthening its drive towards industrial transformation by positioning the private sector at the heart of its flagship 24-Hour Economy Programme. As the initiative moves from policy formulation to implementation, the government is actively promoting investment opportunities designed to expand manufacturing, logistics, renewable energy and export-oriented industries. According to Graphic Online’s report, the 24-Hour Economy Secretariat has secured significant investor interest through a portfolio of strategic projects, with prospective investments valued at approximately US$11.5 billion, including US$6.5 billion already committed under joint development agreements, alongside the mobilisation of about 600 hectares of land for priority industrial projects.

The programme reflects a broader strategy to stimulate sustained economic growth by creating an enabling environment for businesses to operate continuously and more efficiently. Addressing the Ghanaian-German Economic Association (GABE) Meet the Government Series, Chief Programmes Officer Abdul-Nasser Alidu highlighted flagship initiatives including the Buipe solar power project, industrial parks, a pharmaceutical park and the Volta Lake Transport Project. These investments are intended to strengthen productive capacity, improve infrastructure and encourage greater participation from both domestic and international investors while providing tailored support to enterprises capable of driving employment and value creation.

Beyond attracting capital, the 24-Hour Economy Programme represents an effort to reposition Ghana’s economy around higher productivity, industrial competitiveness and export diversification. By linking infrastructure development with private investment and enterprise growth, the initiative seeks to maximise the utilisation of productive assets while creating resilient value chains across key sectors. If effectively implemented, the programme could reinforce Ghana’s ambition to become a leading manufacturing and logistics hub in West Africa, demonstrating how coordinated public policy and private investment can accelerate structural transformation within the framework of the African Continental Free Trade Area (AfCFTA).

PHOTO SOURCE: Graphic Online