President John Dramani Mahama has outlined Ghana’s ambitious 24-Hour Economy strategy, positioning it as the cornerstone of the country’s transformation agenda and a magnet for global investment.

Speaking at the Singapore Business Forum as part of his three-day state visit, the President said the initiative is designed to increase productivity, expand exports, and create sustainable jobs, making Ghana an “open-for-business destination around the clock.”

He explained that Ghana is deliberately resetting its economy following recent challenges by stabilising the macroeconomic environment, restoring investor confidence, and reforming business processes. According to him, inflation is easing, the cedi has stabilised, and the country’s international credit rating outlook is improving.

“Beyond macroeconomic stability, we are restructuring our regulatory framework to make business easier, faster, and more profitable,” President Mahama assured investors.

At the centre of the 24-Hour Economy is the proposed Volta Economic Corridor, which will drive growth through four key pillars:

Grow24 – irrigating two million hectares of land for year-round farming.

Make24 – establishing agro-industrial parks for textiles, pharmaceuticals, and food processing.

Show24 – unlocking Lake Volta’s tourism and hospitality potential.

Connect24 – transforming Lake Volta into a transport hub linking farms, factories, and markets.

He also cited catalytic projects including the Legon Pharmaceutical Innovation Park, the Kumasi Machinery and Technology Park, the Akosombo-Juapong Garments and Textiles Park, and renewable energy corridors—all aimed at accelerating industrialisation and providing opportunities for young people.

The President invited Singaporean businesses to take advantage of Ghana’s reform agenda and tap into the new wave of opportunities.

“We are aligning infrastructure, incentives, and skills to ensure Ghana is competitive 24 hours a day. With Ghana’s 24-Hour Economy, investors can count on speed, reliability, and opportunity at every turn. The door is wide open—partner with us, and let us build lasting prosperity together,” he said.