President john Mahama has signed the 24-Hour Economy Authority Bill, 2025 marking a key step towards transforming Ghana into a fully operational 24-hour economy.
The signing took place on Thursday, ahead of the 13th Cabinet meeting.
“This Bill, which Ghanaians have been waiting for, was one of our flagship strategies for economic transformation,” President Mahama said.
“Now we must move from strategy to implementation. The business sector is waiting, Ghanaian investors are waiting, foreign investors are waiting.”
The legislation, approved on February 6 after extensive parliamentary debate, establishes the 24-Hour Economy Authority to implement the government’s 24-Hour Economy and Accelerated Export Development Programme.
The Authority will coordinate activities between the public and private sectors, mobilise investment, and ensure infrastructure and regulatory frameworks are in place to support round-the-clock economic activity.
It is expected to address structural challenges in Ghana’s productive sector, reduce reliance on exporting low-value raw materials, and cut dependence on costly imported goods.
