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Mahama Announces July Launch of 24-Hour Economy Policy with Bold New Initiatives

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President John Dramani Mahama has announced that the government will officially launch its flagship 24-Hour Economy Policy in July, with plans to activate the Volta Lake as a major national logistics and transport corridor.

Speaking during a multi-sectoral engagement at the Jubilee House, President Mahama disclosed that the final draft of the policy has been reviewed and is ready for implementation.

“I have reviewed it, and I’m confident we now have a coherent and actionable framework to deliver results,” he said. “A stable macroeconomic environment is key to the success of the 24-hour economy, and we are achieving this through strong coordination between monetary and fiscal authorities.”

To coordinate the rollout, the government will establish a 24-Hour Economy Secretariat. Mahama revealed that steps are being taken to formalise the secretariat as an independent authority, reporting directly to the presidency and backed by legislation.

A major feature of the policy is the transformation of the Volta Lake and its basin into an economic corridor. The plan includes cultivating over two million hectares of arable lakeside land, revitalising the fishery sector, and creating industrial parks to serve both local and regional markets.

“The lake will serve as a transport highway, efficiently moving food, people, and goods—relieving pressure on our congested road networks,” Mahama explained. Investments in floating assets, lake ports, and strategic partnerships are planned to support this initiative.

The 24-Hour Economy Policy aims to drive job creation and inclusive growth. It identifies priority value chains such as agro-processing, pharmaceuticals, textiles, light manufacturing, tourism, digital services, and the creative economy. Each sector will benefit from targeted solutions to existing bottlenecks.

Infrastructure development will be spearheaded by the Ghana Infrastructure Investment Fund, which will lead the construction of industrial parks, logistics hubs, and transport upgrades. Financial support will be provided through the Development Bank of Ghana and the Venture Capital Trust Fund to enhance SME participation across value chains.

Additionally, land and workforce development are integral to the plan. Mahama announced the creation of investment-ready land banks and the launch of Aspire24, a sub-program to train youth for shift-based jobs, digital careers, and entrepreneurship.

Implementation will be decentralised, with each district forming its own task force under the local assembly to align with regional development priorities.

“This is not a top-down approach,” Mahama stressed. “Each region will drive its own industrial transformation based on its unique strengths.”

The draft programme document is scheduled for public release on Tuesday, with the official launch planned for Republic Day in July.

“This is no longer just an idea,” Mahama concluded. “It is a structured, sequenced, and inclusive plan—and we are ready to begin implementation.”

The 24-Hour Economy Policy was a central promise in Mahama’s 2024 campaign and is now set to become a cornerstone of his administration’s economic transformation agenda.

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Accra Court Grants Bail to Woman Accused of Abducting Newborn in Mamprobi

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U.S. Embassy in Accra Opens 2,000 Additional B1/B2 Visa Appointment Slots

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The United States Embassy in Accra has announced the release of more than 2,000 additional visa interview appointments over the next two weeks for applicants seeking B1 and B2 visas.

According to the Embassy, the newly opened slots are intended to support individuals planning temporary travel to the United States for business, tourism, family visits, and participation in major international events. Among the anticipated events is the 2026 FIFA World Cup, scheduled to take place across North America.

In an official statement, the Embassy encouraged prospective applicants to secure interview dates as soon as possible due to sustained demand for B1 and B2 visas. These visa categories cover short-term travel for business purposes under B1 and tourism or family visits under B2.

Applicants who already have appointments scheduled later in the year are also advised to log into the visa scheduling system to check for earlier availability and, where suitable, reschedule their interviews.

The Embassy indicated that the additional appointment slots are expected to help reduce existing backlogs and provide greater flexibility for travelers with time-sensitive plans.

Further details on application procedures, requirements, and appointment scheduling are available on the Embassy’s official visa information page  at: https://gh.usembassy.gov/visas/

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NCA Proposes Removal of NGIC’s 5G Exclusivity in Potential Market Shift

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Ghana’s telecommunications sector may soon witness increased competition in the 5G space following a move by the National Communications Authority to amend the licence of Next-Gen Infraco.

In a press release dated March 4, 2026, the regulator announced it had issued a Notice of Proposed Licence Amendment to NGIC, seeking to remove the exclusivity clause that grants the company sole rights to operate in Ghana’s 5G segment. The Authority said the action was taken pursuant to Section 14 of the Electronic Communications Act, 2008 (Act 775).

If approved, the amendment would open the 5G market to other operators, allowing them to deploy the technology independently.

According to the NCA, the proposed amendment is in the public interest and intended to promote competition and innovation, enhance consumer choice and service quality, accelerate nationwide digital transformation, and ensure efficient use of spectrum as a national resource.

Under the law, the amendment will take effect 90 days from the date of the notice unless, after reviewing any representations submitted by NGIC within the statutory period, the Authority determines otherwise. The NCA emphasized that the process complies with due procedure and aligns with its mandate to regulate communications services in the national interest.

NGIC’s Commercial Rollout

The proposed regulatory change comes shortly after NGIC announced it had received clearance from the NCA to commence full commercial operations as Ghana’s wholesale 4G and 5G infrastructure provider. The company said the approval followed technical inspections confirming compliance with its Wholesale Electronic Communications Infrastructure Licence.

NGIC has deployed 49 operational 5G sites across the country. Of these, 43 are located in Greater Accra, with the remaining sites spread across the Ashanti, Western, Northern, Bono and Central regions. The network is currently live in selected parts of Accra, Kumasi and Tamale under a wholesale-first model, where NGIC builds and manages shared radio and core infrastructure, while mobile network operators provide retail services to customers.

Chief Executive Officer Tenu Awoonor described the rollout as a transition from planning to execution, stating that the shared backbone is now commercially active and positioned for expansion. He noted that the model is designed to coordinate infrastructure investment nationally while preserving competition at the retail level.

Chief Operating Officer Nenyi George Andah said the company’s immediate focus is on scaling coverage in a coordinated and sustainable manner. He maintained that the wholesale model supports faster national reach and more efficient capital deployment.

Technology partner Nokia also reaffirmed its role in the deployment. Mustapha Salah, Head of Central West and East Africa, Mobile Networks at Nokia, said the partnership would support the rollout of Ghana’s first neutral-host 4G and 5G network, enabling operators to deliver high-speed data services and new enterprise solutions.

Licence Fee Default

In a related disclosure, the NCA indicated that NGIC is in default of an installment payment under its agreed licence fee schedule. The regulator said it is addressing the matter in accordance with applicable statutory provisions.

The combination of a potential policy shift on 5G exclusivity and concerns over fee compliance marks a significant moment for Ghana’s telecoms industry. While NGIC’s wholesale model remains central to national broadband expansion plans, the regulator’s proposed amendment signals a possible recalibration aimed at deepening competition and optimizing spectrum management.

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