24-Hour Economy to create 1.7 million jobs by 2028 – President's Adviser
Presidential Adviser on the 24-Hour Economy and Accelerated Export Development, Augustus Goosie Tanoh, has announced that the government's flagship 24-Hour Economy Programme is projected to generate 1.7 million productive jobs by 2028.
Speaking at the Ghana Diaspora Townhall Meeting with President John Dramani Mahama at the Ghana High Commission in London on Sunday, Mr Tanoh disclosed that four major agreements signed within the past ninety days already account for over 160,000 of those jobs.
The adviser outlined specific projects already in motion, including the Buipe Solar Farm in the Savannah Region, a 1.45-billion-dollar facility that will deliver 13,000 jobs and the lowest industrial electricity tariff Ghana has ever seen.
He also cited the Kambonwule Oil Palm Anchor Project, valued at 300 million dollars, which brings 120,000 jobs and closes the country's vegetable oil import deficit.
The Bioenergy/Biofuels Programme at Buipe and Damanko will deliver 30,000 jobs and save 450 million dollars annually in foreign exchange, while the Tamale Air Cargo Hub has been demarcated for two operators that will commence operations in 2027.
Mr Tanoh noted that these figures do not include indirect and induced jobs, which typically carry a multiplier of between one and four.
The adviser made the remarks against the backdrop of Ghana's economic recovery under President Mahama, who took office in January 2025.
He reported that inflation has fallen to 3.4 per cent – the lowest reading in over four years – following fifteen consecutive months of decline.
The Bank of Ghana policy rate has been cut from 28 per cent to 14 per cent, while international reserves stand at 14.5 billion dollars, close to six months of import cover.
Public debt has fallen from 92.4 per cent of GDP at its peak to approximately 48 per cent, while the economy grew by 6 per cent in 2025.
However, Mr Tanoh cautioned that growth came largely from the services sector, which contributed nearly 60 per cent, while industry contributed only about 12 per cent, growing by just 2.3 per cent.
"That gap is what our second pillar exists to close," he said. "And that is the work of the 24-Hour Economy and Accelerated Export Development Programme."
He added that behind the announced projects sit the Volta Lake Transport System, the Singa Agroecological Corridor, the Asutuare Pharmaceutical and Garment Parks, and the National Poultry Programme.
"These are signed agreements with private capital committed, in motion now," Mr Tanoh stressed.
The adviser also made a direct appeal to the Ghanaian diaspora, which sent home a record 7.8 billion dollars in remittances in 2025, up from around four billion dollars six years ago. The United Kingdom is Ghana's second-largest source of remittances after the United States.
"Your country is ready for you," Mr Tanoh concluded.
