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The Asantehene, Otumfuo Osei Tutu II, has called on investors to channel support into Ghana’s energy sector, highlighting its pivotal role in the success of the proposed 24-hour economy.
Speaking during a meeting with representatives of Dream Power Africa, a solar energy firm, at the Manhyia Palace on Wednesday, May 21, the Asantehene underscored the importance of a stable power supply in driving national growth and industrial efficiency.
“The government is currently promoting the idea of a 24-hour economy,” he noted. “But for that to work, energy must be accessible even in rural areas, and industries will require consistent power to operate effectively. In the bigger picture, this will all contribute to the country’s development.”
The 24-hour economy policy was a central campaign promise of the National Democratic Congress (NDC) in the run-up to the 2024 elections. It aims to boost productivity by encouraging round-the-clock operations in sectors such as manufacturing, agriculture, healthcare, and information technology.
President John Dramani Mahama has positioned the initiative as a key element of Ghana’s industrialisation agenda and a practical approach to tackling youth unemployment. According to him, the policy will be optional for businesses and supported by necessary legislation and strategic frameworks.
Although the programme is still in its preparatory phase, President Mahama has appointed Augustus “Goosie” Tanoh as the Presidential Advisor on the 24-Hour Economy and Accelerated Export Development. He will lead the planning and implementation of the policy, which is expected to transform Ghana’s economic landscape.
The Asantehene’s remarks reaffirm the view that energy development is fundamental to the realisation of such ambitious national initiatives.
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