President John Dramani Mahama has officially launched the government’s flagship 24-Hour Economy and Accelerated Export Development Programme.
Launching the programme today, Wednesday, July 2, 2025, the president described the initiative as a “national reset” and a bold strategy to revive Ghana’s economy through round-the-clock productivity and expanded export capacity.
He posited that the 24-Hour Economy and Accelerated Export Development Programme is a comprehensive shift in national policy direction.
According to him, the programme should move beyond political rhetoric to a coherent, multi-sectoral economic transformation agenda.
An estimated $4 billion investment is needed to run the initiative successfully, with the government committing between $300 million and $400 million as seed capital.
“This is more than a policy initiative; it is a national reset, a bold strategic shift to unlock our country’s full productive potential,” he stated. “Today, we reclaim our founder’s vision of a self-reliant, industrious and inclusive African nation that works with its creativity and ensures prosperity for all.”
“The 24-Hour Plus Programme is that collective answer,” Mahama declared. “And so we have moved from slogan to strategy today. This launch is not the end but a beginning of a national mobilisation.”
“Any government funding in 24-Hour Plus will be catalytic, serving as seed funding for the 24-Hour Plus Authority and supporting bulk infrastructure,” he said.
He added that the programme will be private-sector-led, with government playing a facilitative role to foster enterprise-level innovation and investment.
Additionally, the financing for the initiative will be sourced through commercial banks, development finance institutions (DFIs), and blended finance instruments to ensure sustainability and investor confidence.
“The private sector will lead the 24-Hour Plus Programme. Government will facilitate and not dominate,” he stated.
The president also disclosed that the programme has an objective in creating 1.7 million quality jobs over four years, reducing import dependency, and repositioning Ghana as a competitive player in regional and global export markets.
The initiative is hinged on nine policy documents: one comprehensive overview and eight thematic subprogrammes—Grow24, Make24, Build24, Show24, Connect24, Fund24, Aspire24, and Go24.
By: Rainbowradioonline.com/Ghana
