Finance Minister Dr Cassiel Ato Forson has announced that Ghana has secured US$5.5 billion in investment commitments under the Government’s flagship 24-Hour Economy and Accelerated Export Development Programme, as implementation of the initiative gathers momentum.
Presenting the 2026 Mid-Year Fiscal Policy Review in Parliament on behalf of President John Dramani Mahama, the Finance Minister said the 24-Hour Economy Authority Act, 2026 (Act 1164) came into force on 19 February 2026, providing the legal and institutional framework to drive production, industrialisation, exports and job creation.
Dr Forson disclosed that more than US$11.5 billion in prospective investments has been mobilised across 18 catalytic projects, with US$5.5 billion already secured through Joint Development Agreements.
According to the Minister, several public and private institutions have already embraced round-the-clock operations to support the programme. These include 268 fuel stations, 11 bulk oil depots, two oil refineries, 33 manufacturing companies and 12 public institutions, all of which have adopted multi-shift operations to increase productivity and economic activity.
He said the investment portfolio includes the Kambonwule Oil Palm Project, compressed biogas projects at Damanko and Buipe, as well as the 1,500-megawatt Buipe Solar and Battery Energy Storage Project, which is expected to strengthen Ghana’s energy infrastructure and support industrial expansion.
The Finance Minister further announced that the first 100-megawatt phase of the Buipe Solar and Battery Energy Storage Project is scheduled for commissioning by June 2027. The project is expected to provide reliable and competitively priced electricity to industries operating within the Volta Economic Corridor.
To facilitate these investments, Dr Forson said communities within the Volta Economic Corridor have made available more than 605,000 hectares of land under the Participatory Land Access Model. Consent has already been secured for approximately 139,000 hectares, while land registration and allocation processes are ongoing.
He said the Government expects the programme to stimulate higher production, expand exports, attract greater private sector investment and create sustainable employment opportunities as implementation progresses across key sectors of the economy.
