Ghana is ready for 24/7 business - Mahama to international investors

President of the Republic of Ghana, John Dramani Mahama, has assured international investors that Ghana is fully prepared for 24/7 business.

On Tuesday, 26 August, 2025, President John Mahama addressed government leaders and business executives at the 8th Africa–Singapore Business Forum, saying the strategy of Ghana’s economy was focused on productivity exports and job creation.

President Mahama said, “Our economic strategy is anchored in productivity, exports, and jobs. We call it the 24-hour economy for a reason. Ghana is open for business 24 hours a day.”

He added that, “Your excellence in project preparation, blended finance, risk management, standards and dispute resolution is precisely what African projects need to move from pipeline to bankable to build,” casting Singapore as an ideal partner.

The president explained that the government is organizing incentives and skills training to assist businesses that want to operate 24/7, including factories, sports facilities, service centers, and farms.

The Volta Economic Corridor is a crucial part of this strategy. President Mahama described this project as Ghana’s most ambitious development plan to date.

The Volta Economic Corridor is built on four strong pillars:

Grow24: irrigating over two million hectares for year-round cultivation.
Make24: Developing agro-industrial parks for textiles, medicines, and food manufacturing.
Show24: Strengthening tourism and hospitality along Lake Volta.
Connect24: Transforming Lake Volta into a transportation hub to cut logistical costs and connect companies to markets.

According to President Mahama, these are being supported by major projects including the Akosombo and Juapong Garments and Textiles Park, Renewable Corridors, the Legon Pharmaceutical Innovation Park, the Kumasi Machinery and Technology Park, and Digital TVET Centres of Excellence.

President Mahama highlighted Africa’s $1.3 trillion annual financing gap, which includes infrastructure demands of up to $221 billion per year and a climate-finance need of $213 billion.

President Mahama urged Singapore to assist Africa in bridging these gaps, presenting the partnership as a pathway to jobs, technological transfer, and shared prosperity. He said, “We are here to learn, to partner, and to deliver.”