Mahama sells Ghana’s 24-hour economy to global investors
President John Dramani Mahama has pitched Ghana’s “24-Hour Economy” and the Volta Economic Corridor as the country’s next big leap, urging global investors to use Ghana as their launchpad into Africa’s $3.4 trillion free trade market.
Addressing the 8th Africa–Singapore Business Forum on Tuesday, Mahama said Ghana is reforming its business climate to make investment easier and faster.
“Our message is simple: Africa is investable, and Ghana is your reliable gateway to the continent,” he declared. “We call it the 24-Hour Economy for a reason, Ghana is open for business 24 hours a day.”
The Volta Economic Corridor, he explained, will power round-the-clock growth: “Grow24 will irrigate over two million hectares for year-round farming, Make24 will anchor agro-industrial parks, Show24 will boost tourism, and Connect24 will transform Lake Volta into an inland transport spine.”
Mahama also revealed that trade between Ghana and Singapore reached US$215 million in 2024, but his target is to push it beyond the billion-dollar mark.
“With AfCFTA unlocking a $3.4 trillion market and Ghana hosting its Secretariat, we offer stability, scale and access to more than 400 million consumers in West Africa,” he said.
He added that Ghana is scrapping minimum capital thresholds for foreign investors and simplifying regulations: “We will showcase bankable projects, provide direct access to regulators and offer a one-stop investor concierge so decisions can be made quickly and confidently.”
By Joyce Kpeglo
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