Ghana’s 24-Hour Economy and Accelerated Export Development Secretariat says it has secured joint development agreements worth about $5.5 billion as part of an $11.5 billion project pipeline.
In a statement reported by the Ghana News Agency, the Secretariat said the agreements had been signed with co-development partners over the previous 90 days. It said four projects associated with the programme were expected to create more than 160,000 direct jobs.
The Secretariat also reported progress in extending shift-based operations. It said 12 oil marketing companies were providing round-the-clock services at 268 filling stations following the launch of the downstream petroleum component with the National Petroleum Authority in May 2026.
It added that 33 manufacturing companies had begun multi-shift operations under the initiative.
Projects outlined
Among the projects listed was a $1.45 billion solar and battery development at Buipe. The Secretariat said the project was expected to deliver 1,500 megawatts of electricity at a projected cost of between six and nine US cents per kilowatt-hour by the third quarter of 2027, while creating 13,000 jobs.
It said a proposed $250 million oil palm complex at Kambonwule would have annual output of 228,000 tonnes and employ 120,000 people. A bioenergy programme at Buipe and Damanko was also said to be targeting 30,000 jobs, alongside projected foreign-exchange savings of about $450 million a year and export earnings.
The Secretariat said land had been demarcated for a Tamale Air Cargo Hub in collaboration with the Ghana Airports Company Limited. It said two operators had secured concessions and were expected to begin operations in 2027.
According to the statement, communities participating in the Participatory Land Access Model are voluntarily leasing land for projects in exchange for annual rental payments and equity stakes.
Funding and targets
The Secretariat said nearly all projects were being financed by Ghanaian and foreign private investors, companies and cooperatives. It said public funding was intended for project preparation, viability-gap support where needed and the Secretariat’s initial coordination work.
The 24-Hour Economy policy, launched in July 2025, promotes shift-based production in sectors including manufacturing, agro-processing, healthcare, transport and retail. The government’s stated targets include 1.7 million jobs by the end of 2028 and an unemployment rate below five per cent by 2034.
