Ghanaian President John Dramani Mahama on Wednesday launched a major flagship economic program to boost productivity, export-led growth, and job creation.
The 24-Hour-Economy, a manifesto promise by Mahama during the 2024 election campaign, seeks to accelerate export development programs, driven mainly by the private sector, with the government creating an enabling and catalytic environment.
“This is more than a mere policy initiative. It is a national reset and a bold strategic shift to unlock our country’s full productive potential,” the president said during the launch.
The initiative, according to the president, would transform Ghana’s economic architecture by leveraging continuous productivity, job creation, and inclusive growth across strategic sectors.
He named the eight pillars of the 24-Hour-Economy as Grow-24, Make-24, Build-24, Show-24, Connect-24, Fund-24, Aspire-24, and Go-24.
“Grow-24 focuses on transforming the agricultural sector through technology-driven, climate-smart practices that allow for round-the-clock production and value addition to ensure food security and reduce post-harvest losses,” the president said.
Mahama added that Make-24 would “prioritize industrialization and manufacturing, promoting 24-hour operations in factories and processing zones to increase output, exports, and employment.
He stressed that the government has moved the policy from the slogan stage to strategy, adding that while the policy launch marked a milestone, the real test lay ahead in its successful implementation.
Moreover, Mahama emphasized that the initiative is not just about extending work hours but “unleashing productivity, expanding opportunities, and accelerating export through well-structured and inclusive interventions.”
The 24-hour-economy policy was one of the major promises from the ruling National Democratic Congress during the 2024 election campaign.