Ghana Positions Itself as a 24-Hour Business Hub with New Economic Initiative

The Ghanaian government is taking steps to stimulate economic growth, expand job opportunities, and attract investment through the establishment of a 24-Hour Authority, a key initiative under its broader 24-Hour Economy policy.

President John Dramani Mahama, during a visit to the Ghana Publishing Company on Thursday, said the authority would serve as the central coordinating body for the 24-Hour Economy initiative. Its mandate includes registering participating businesses, setting operational standards, and overseeing administrative frameworks to support round-the-clock economic activity.

Mahama said the initiative is expected to boost productivity, create employment opportunities, and position Ghana as a competitive hub for continuous business operations.

The 24-Hour Economy policy is a central pillar of the Mahama administration’s economic agenda, aimed at driving growth across both the formal and informal sectors. Once established, the 24-Hour Authority is expected to play both regulatory and facilitative roles, ensuring the effective and sustainable implementation of the policy nationwide.