Ghana stands to unlock massive economic potential through a 24-hour economy, but success hinges on strategic funding and robust infrastructure, says Prof. Boadi.
Speaking at a recent economic forum, Prof. Boadi emphasized that extending commercial, industrial, and service operations around the clock could create jobs, boost productivity, and increase national revenue.
“Without the right investment in transport, electricity, and security, the 24-hour economy cannot thrive,” he warned, calling on both government and private sector actors to collaborate.
Experts argue that other nations with 24-hour economic models have seen significant gains in employment, foreign investment, and urban development. Prof. Boadi believes Ghana can replicate this success if policymakers prioritize enabling infrastructure and financial incentives.
“Ghana’s youth population and entrepreneurial drive provide a strong foundation, but funding gaps and logistical challenges must be addressed immediately,” he added.
The government is reportedly considering pilot programs in Accra and Kumasi to test the viability of a round-the-clock economy, signaling potential policy shifts in the near term.
