Ghana's 24-Hour Economy Programme Attracts Chinese Investors

Accra , Ghana – 23 July, 2025 – Ghana's flagship 24-Hour Economy Programme has attracted keen interest from Chinese private sector investors, following a business engagement in Accra. The event, jointly organised by the Chinese Embassy and the 24-Hour Economy and Accelerated Export Development Secretariat, brought together senior Ghanaian government officials and over 50 Chinese business leaders.

Presidential Adviser on the 24-Hour Economy, Mr. Goosie Tanoh, outlined a pipeline of projects spanning agriculture, logistics, manufacturing, health, and the creative economy. These projects are advancing through early-stage development, with Ghana seeking private partners, particularly from China, to move them into execution. Mr. Tanoh highlighted the government's commitment to streamlining processes and offering transparent exemptions and benefits.

The Chinese Ambassador to Ghana, H.E. Tong Defa, pledged China's continued support for the 24-Hour Economy, particularly in critical sectors such as agriculture, logistics, energy, and agro-industrial infrastructure. He noted that China remains Ghana's largest trading partner and a major source of foreign investment, with bilateral trade reaching an unprecedented high of $11.8 billion in 2024.

Top-level representatives from key Ghanaian institutions, including the Millennium Development Authority (MiDA), Ghana Investment Promotion Centre (GIPC), Ghana EXIM Bank, Development Bank Ghana, and the Ghana Infrastructure Investment Fund, shared insights into bankable investment opportunities. These include agro-ecological parks, feeder roads, and Volta Lake transport systems.

The business engagement concluded with enthusiastic responses from Chinese investors, who lauded the data-driven and structured approach of the 24H+ Programme. Both sides reaffirmed their commitment to deepening economic cooperation, positioning China as a long-term partner in Ghana's journey towards accelerated and inclusive industrial transformation.

Source: Lead News Online