President John Dramani Mahama has revealed that Ghana’s 24-hour economy policy will be officially launched in July 2025.
The announcement was made during a high-level stakeholder engagement with key players in the country’s economic sector.
The meeting, held with representatives from the Ghana Union of Traders Association (GUTA), the Association of Ghana Industries (AGI), the Ghana Freight Forwarders Association, and other industrial groups, was aimed at briefing stakeholders on the development of the initiative and soliciting their input to fine-tune its implementation.
Addressing participants at the event, President Mahama explained that the 24-hour economy policy is a strategic initiative designed to unlock Ghana’s full economic potential by encouraging round-the-clock economic activity.
“The 24-hour economy will focus on three key areas— infrastructure development, agribusiness, and investment promotion,”
President Mahama stated. “Our goal is to create a more productive and inclusive economy that operates beyond traditional business hours and fosters opportunities for employment, innovation, and sustained growth.”
According to the President, the policy seeks to reduce unemployment, increase industrial output, and improve service delivery across various sectors. It will also involve significant investment in energy, transportation, and digital infrastructure to support continuous operations.
Stakeholders at the meeting welcomed the initiative, calling it a bold and timely step towards revitalizing the economy and improving Ghana’s global competitiveness. Many also pledged their support, urging the government to ensure a collaborative implementation process.
As preparations continue ahead of the July launch, the government is expected to roll out a series of regional consultations and technical planning sessions with both public and private sector actors.
The 24-hour economy policy is one of the key pillars of President Mahama’s broader economic transformation agenda, aimed at positioning Ghana as a resilient and innovation-driven economy in West Africa.
