01/07/2025
🇬🇭 Ghana’s 24-Hour Economy Programme to cost $ 4 billion
Ghana’s ambitious 24-Hour Economy and Accelerated Export Development Programme (24H+) is projected to cost approximately $4 billion, with the government committing $300 to $400 million as seed funding to attract private sector investment.
The initiative, set to be launched on Wednesday, 2nd July 2025, seeks to redefine the nation’s economic architecture by boosting productivity, creating jobs, and reducing reliance on imports.
The initial projected cost is about $4 billion Of that, $300 to $400 million will come from government to support the viability gap requirement, ensuring bulk infrastructure is commercially sound and attractive to private investors and the remaining funds would be mobilised through private sector commitments, with potential pledges already nearing $2 billion.
The programme, a flagship policy of President John Dramani Mahama’s administration, is designed to integrate agriculture, industry, finance, and infrastructure into a cohesive system operating beyond traditional hours. It targets the creation of 1.7 million jobs within four years, with a focus on strategic value chains such as agro-processing, textiles, pharmaceuticals, and logistics.
Key components of the initiative include eight integrated sub-programmes: Grow24 (agriculture), Make24 (manufacturing), Build24 (infrastructure), and Fund24 (financing), among others. Incentives for businesses include tax rebates of up to 50% for round-the-clock operations, import duty waivers, and export performance bonuses.