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Government commits $110m to 24-hour economy drive
February 27, 2026
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Government commits $110m to 24-hour economy drive

Money
Policy
Opportunity
Growth

Key Points

  • The President announced a $110 million allocation to operationalise Ghana's 24-hour economy initiative.
  • This policy, described as a cornerstone of economic transformation, aims to create jobs and boost productivity.
  • The funding will establish a 24-hour Economy Authority and support round-the-clock business operations across agriculture, manufacturing, and services.
  • Enabling legislation has been enacted, and strategic partnerships with the Development Bank of Ghana and Ghana Infrastructure Investment Fund are planned.
  • The initiative seeks to deepen value chains, create quality employment for young people, and strengthen Ghana's competitive edge as a response to economic challenges.

Why This Matters

This initiative is significant for Ghana as it represents a substantial government investment and policy shift aimed at fundamentally transforming the economy. By encouraging businesses to operate 24/7, it seeks to boost productivity, create extensive job opportunities, especially for youth, and enhance the country's competitive advantage. Its successful implementation could lead to sustained economic growth and address pressing unemployment challenges.

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