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24H+ Economy portal opens to applicants – Manufacturers, farmers, investors, traders can register interest

The government has launched a dedicated portal for the Expression of Interest (EOI) in any of the pillars under the 24-Hour Economy and Accelerated Export Development Programme (24H+).

 

People across all sectors, from farmers to industrialists, have been invited to formally register their interest to participate in what President John Dramani Mahama describes as the country’s most ambitious economic transformation agenda.

 

The portal, accessible at www.24hplus.gov.gh, directs prospective participants to a structured online form through which they may indicate interest in a broad range of government-backed economic opportunities, spanning agro-ecological parks, pharmaceutical innovation, textile manufacturing, air cargo logistics, and creative industry academies.

 

Every Ghanaian

 

The 24H+ Secretariat has outlined nine key pathways through which citizens and enterprises can engage with the programme.

 

Prospective participants are encouraged to visit the website and click on the Expression of Interest form to complete their registration and follow the recommended steps.

 

The opportunities currently open for registration include becoming a ‘24/7 Ready Business’ — earning certification for continuous operations, unlocking access to financing, tax benefits, and expert training.

 

Others are becoming an Anchor Farmer in the Agbledu Agro-Ecological Park, with access to irrigation, guaranteed markets under the GROW24 initiative, equipment sharing, cold storage, and direct export channels; setting up an Agro-Processing Facility, with matching to industrial zones and available financing; becoming a Transporter on the Volta Lake, serving the Volta , serving the Volta Economic Corridor logistics network.

 

It also includes registering interest in a Wumbei Industrial Park for manufacturing, processing or assembly operations; participating in the Tamale Air Cargo Hub, positioned as Ghana’s northern export and cold chain gateway; joining the Akosombo Textiles and Garments Park within the government’s reindustrialised textile ecosystem.

 

Also available is taking part in the Legon Pharmaceutical Innovation Park, contributing to Ghana’s emerging wellness and medicine value chain; and enrolling in the National Creators’ Academy to develop skills in music, content, animation or digital storytelling.

 

Incentives

 

The 24H+ programme introduces a performance-based incentive structure that ties benefits directly to a firm’s contribution to the national economy.

 

The regime rewards local linkages, job creation and value addition with tangible fiscal and operational advantages.

 

​Businesses operating two shifts will benefit from a significant reduction in corporate income tax (CIT), while those running a full three-shift, round-the-clock operation will enjoy a substantial CIT reduction alongside priority access to electricity, water and expedited regulatory services.

 

​Additional incentives are import tax exemptions on machinery, renewable energy inputs, logistics equipment, and raw materials not available locally; Value Added Tax (VAT) relief for firms in key sectors; export performance rebates scaled to the proportion of local inputs used in production; and geographic tax relief for young entrepreneurs in manufacturing, information and communications technology (ICT), agro-processing, and tourism, with tax-free periods in the early years of operation.

 

Concessionary financing is also available, with loans below market rates through Development Bank Ghana (DBG) and equity funding via the Venture Capital Trust Fund, with priority accorded to cooperatives and trade associations.

 

Vision, programme design

 

President Mahama, at the launch of the programme in July last year, described 24H+ as “a holistic, integrated multisectoral programme that allows our producers to attack the key bottlenecks holding production back in agriculture, fisheries, manufacturing, and the creative industries.”

 

The programme is anchored on three transformation pillars — Production, Market and Supply Chains, and Human Capital — and is designed to re-engineer the country’s productive economy from the ground up, shifting the country away from dependence on raw material exports towards the production and export of value-added goods, including processed foods, pharmaceuticals, garments, industrial inputs, and digital services.

 

Key flagship projects under the programme include the Volta Economic Corridor, the Legon Pharmaceutical Innovation Park, the Kumasi Machinery and Technology Park, and Ghana Mall, among others.

 

For young people aged between 18 and 35, the programme offers free digital skills training at Technical and Vocational Education and Training (TVET) centres in all 16 regions, guaranteed internships with 24H+ partner companies, and start-up business loans ranging from GH¢5,000 to GH¢500,000.

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