Ghana Aligning Infrastructure for Continuous Operations – President Mahama

August 26, 2025 News / Top Stories 0 Comment

President John Dramani Mahama has announced Ghana’s “24-Hour Economy” plan, declaring the country open for business round-the-clock as part of a major development strategy centered on the Volta Economic Corridor.

Addressing the 8th Africa-Singapore Business Forum in Singapore, President Mahama said Ghana is aligning infrastructure, incentives, and skills so that factories, farms, ports, and service centers can operate continuously in safe and competitive conditions.

“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 stated.

The President said the centerpiece of this vision is the Volta Economic Corridor, which he described as Ghana’s most extensive integrated development project to date. 

The corridor has four main pillars that he outlined to the business forum.

According to President Mahama, “Grow24” will focus on irrigating more than two million hectares for year-round farming, while “Make24” will establish agro-industrial parks for textiles, pharmaceuticals and food processing.

He said “Show24” will develop tourism and hospitality along Lake Volta, one of the world’s great inland lakes, and “Connect24” will transform the lake into a cost-efficient inland transport system, reducing logistics costs and linking farms, factories and markets.

President Mahama announced that Ghana is complementing this with projects including the Legon Pharmaceutical Innovation Park, the Kumasi Machinery and Technology Park, the Akosombo-Juapong Garments and Textiles Park, Digital TVET Centers of Excellence, and renewable energy corridors.

He said the government’s Big Push Infrastructure program will accelerate roads, power and digital connectivity to attract private capital and unlock scale.

The President told Singapore business leaders that their country’s strengths align perfectly with Ghana’s priorities, proposing five areas for collaboration: efficient green supply chains, agribusiness and food systems, clean energy and carbon markets, digital economy and services, and advanced manufacturing with critical minerals.

He noted that Ghana and Singapore signed an Article 6 Implementation Agreement in 2024, and Ghana has established a Carbon Markets Office and Ghana Carbon Registry to ensure transparency in environmental standards.

President Mahama said Ghana has strong manganese output and substantial lithium potential, alongside graphite, gold, copper and rare earth prospects, with a policy focused on value addition at home through battery components and downstream manufacturing powered by clean energy.

Richard Aniagyei, ISD