24H+ Secretariat cites $5.5bn in joint development agreements
- The 24H+ Secretariat says joint development agreements worth about $5.5 billion have been signed from an $11.5 billion pipeline.
- The Secretariat says 12 oil marketing companies are providing 24-hour service at 268 filling stations nationwide.
- It reports that 33 manufacturers have started multi-shift operations and names three public agencies providing 24-hour services.
The 24-Hour Economy and Accelerated Export Development (24H+) Secretariat says it has signed joint development agreements worth about $5.5 billion as it advances Ghana’s programme for round-the-clock production and services.
In a progress update dated 16 July 2026 and reported by 3News, the Secretariat said the agreements form part of an active project pipeline valued at $11.5 billion. It said the projects would be financed mainly through private capital, while public funds would support project preparation, viability-gap funding and initial co-ordination.
The update was issued in response to questions raised in Parliament about the programme’s financing and early results. The Secretariat said a GH¢650 billion figure referred to in parliamentary debate represented total government appropriations for all state programmes over the preceding two years, rather than expenditure on the 24-Hour Economy initiative.
Operations cited by the Secretariat
The Secretariat said 12 oil marketing companies had begun providing 24-hour services at 268 filling stations nationwide following a partnership with the National Petroleum Authority in May 2026.
It also reported that 33 manufacturers had started multi-shift operations. The Driver and Vehicle Licensing Authority, Ghana Publishing Company and Ghana Ports and Harbours Authority were listed among public institutions running 24-hour services.
Projects and targets
Among the projects highlighted was the proposed $1.45 billion Buipe Solar and Battery Project, which is intended to provide 1,500 megawatts of industrial power. The Secretariat said its first phase was scheduled for completion in the third quarter of 2027 and was projected to create 13,000 jobs.
It also named a proposed $250 million Kambonwule Oil Palm Complex, with a stated target of producing 228,000 tonnes of crude palm oil a year and creating 120,000 jobs. The Buipe and Damanko Bioenergy Programme is expected by the Secretariat to create 30,000 jobs and reduce foreign-exchange costs by about $450 million annually.
For the Tamale Air Cargo Hub, the Secretariat said land had been demarcated with the Ghana Airports Company Limited and that two operators had secured concessions to begin services in 2027.
Under the 24-Hour Economy Authority Act, 2026 (Act 1164), the programme is intended to rely predominantly on companies and co-operatives, with the Authority expected to become self-financing after its initial years. The Secretariat said it was finalising a private-sector incentive package with the Ministry of Finance.
The initiative has set a target of creating 1.7 million direct, indirect and induced jobs by the end of 2028, and reducing unemployment to below 5 per cent by 2034.
