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Over $8bn bankable agreements signed in 90 days – 24-Hour Economy Authority

Over $8bn bankable agreements signed in 90 days – 24-Hour Economy Authority

The Ghana 24-Hour Economy Authority has signed bankable investment agreements worth more than $8 billion within the last 90 days, a development officials say demonstrates growing investor confidence in the government’s flagship 24-Hour Economy programme.

The disclosure was made by Gabriel Opoku-Asare during a roundtable discussion on the theme, “Unlocking Africa’s Single Market: How Can Ghanaian Businesses Win Under AfCFTA?”, held as part of the Citi Business Festival on Thursday, June 11, 2026.

According to Mr. Opoku-Asare, the agreements underscore the government's strategy of leveraging private sector investment to drive the implementation of the 24-Hour Economy agenda, rather than depending heavily on public borrowing or sovereign financing.

He explained that attracting private capital is central to the long-term sustainability of the programme, particularly in the development of industrial projects and strategic economic corridors designed to boost production, exports, and job creation.

“We are enabling private capital in the development of all the projects we are talking about and the economic corridors we are building. Once private capital comes in, our work is coordination and enabling investment, so it is not sitting on sovereign debt. That is very important to ensure permanence in the long term,” he stated.

The 24-Hour Economy initiative, one of the government’s flagship economic transformation programmes, seeks to increase productivity by encouraging businesses and industries to operate around the clock through shifts, improved infrastructure, and targeted incentives.

The programme is expected to stimulate manufacturing, agribusiness, logistics, exports, and services while creating thousands of jobs across the country.

Mr. Opoku-Asare noted that the Authority is increasingly positioning itself as an investment facilitator and coordinator rather than a direct financier of projects.

He said the model allows government to attract large-scale investments without adding significant pressure to the national debt burden.

“Our work is to coordinate and enable investment. We are creating the environment for investors to come in and participate in these transformational projects,” he explained.

The Chief Export Development Officer emphasized that the volume of agreements secured within a relatively short period reflects strong confidence from both local and international investors in Ghana’s economic direction and the viability of the 24-Hour Economy agenda.

“I’ve spoken about, in the last 90 days, all the bankable agreements that we’ve signed already, which is like over $8 billion,” he revealed.

While details of the individual agreements were not immediately disclosed, the investment commitments are expected to support projects across key sectors, including manufacturing, infrastructure, logistics, agribusiness, exports, and industrial development.

The discussion also highlighted the role of the 24-Hour Economy in helping Ghanaian businesses take advantage of opportunities under the African Continental Free Trade Area (AfCFTA).

Experts at the forum noted that improved industrial capacity, efficient logistics systems, and increased production hours would enhance Ghana’s competitiveness within Africa’s single market.

The government has repeatedly indicated that the 24-Hour Economy strategy is designed to position Ghana as a regional manufacturing and export hub capable of serving markets across the continent.

Officials believe the private investment-led approach will ensure continuity and resilience beyond political cycles while reducing reliance on state funding.

By prioritising private capital participation, the Authority aims to create a sustainable framework for industrial growth, export expansion, and economic transformation over the long term.

The announcement comes amid renewed efforts by government to accelerate economic recovery, attract foreign direct investment, and maximise opportunities presented by AfCFTA and other regional trade initiatives.

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