President John Dramani Mahama has reaffirmed Ghana’s commitment to attracting international investment, assuring global business leaders that the country is fully open for business “24 hours a day, seven days a week.”
Speaking at the 8th Africa–Singapore Business Forum on Tuesday, August 26, President Mahama said Ghana’s economic vision is anchored on productivity, exports, and job creation—a framework his government has branded the 24-hour economy.
“Our economic strategy is anchored in productivity, exports, and jobs. We call it the 24-hour economy for a reason. Ghana is open for business 24 hours a day,” he stressed.
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He outlined measures being implemented to make this vision a reality, including infrastructure development, investment incentives, and skills training to support businesses that wish to operate around the clock—factories, farms, service centers, and even sports facilities.
At the heart of this strategy, he noted, is the Volta Economic Corridor, which he described as Ghana’s most ambitious development initiative to date. It is structured around four key pillars:
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Irrigating over two million hectares for all-year farming.
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Establishing agro-industrial parks for textiles, pharmaceuticals, and food processing.
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Expanding tourism and hospitality along Lake Volta.
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Transforming Lake Volta into a transport hub to cut logistics costs and link factories to markets.
To complement these, President Mahama cited flagship projects such as the Legon Pharmaceutical Innovation Park, Kumasi Machinery and Technology Park, Akosombo and Juapong Garments and Textiles Park, Digital TVET Centres of Excellence, and new Renewable Energy Corridors.
He assured investors that Ghana remains a stable, innovation-driven destination ready to partner with the private sector for inclusive growth.
Story By: Afia Ohenewaa Akyerem