Goosie Tanoh: 24-Hour Economy Programme to Deliver 1.7 Million Jobs by 2028, Four Deals Already Signed

The government’s 24-Hour Economy Programme is expected to create 1.7 million productive jobs by 2028, Presidential Adviser Augustus Goosie Tanoh announced Sunday.

Speaking at the Ghana Diaspora Townhall Meeting with President John Mahama at the Ghana High Commission in London, Tanoh said four agreements signed in the last 90 days will account for more than 160,000 of those jobs.

He pointed to specific projects now underway. The Buipe Solar Farm in the Savannah Region, a $1.45 billion facility, is set to provide 13,000 jobs and deliver what Tanoh called the lowest industrial electricity tariff Ghana has ever had.

The $300 million Kambonwule Oil Palm Anchor Project will create 120,000 jobs and help close Ghana’s vegetable oil import gap. A Bioenergy and Biofuels Programme at Buipe and Damanko is projected to generate 30,000 jobs and save $450 million annually in foreign exchange. The Tamale Air Cargo Hub has also been demarcated for two operators, with work expected to begin in 2027.

Tanoh noted that the job numbers do not include indirect and induced employment, which typically multiplies the impact by one to four times.

His comments come as Ghana’s economy shows signs of recovery since President Mahama took office in January 2025. Inflation has dropped to 3.4 percent, the lowest in more than four years after 15 straight months of decline. The Bank of Ghana has cut its policy rate from 28 percent to 14 percent. International reserves now sit at $14.5 billion, covering close to six months of imports. Public debt has fallen from a high of 92.4 percent of GDP to about 48 percent, and the economy expanded by 6 percent in 2025.

Still, Tanoh flagged structural gaps. Services drove nearly 60 percent of growth, while industry contributed only about 12 percent and grew by just 2.3 percent. “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.”

Other signed projects in the pipeline include 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,”