The Ghanaian-German Economic Association (GGEA) has convened its annual “Meet the Government Series” to discuss practical ways to accelerate Ghana’s economic transformation through trade and investment.
The event serves as a strategic platform specifically designed to bring government representatives, state agencies, and private sector leaders together around a single table.
The forum focused on the Ghana Investment Promotion Centre (GIPC), the Ghana Revenue Authority (GRA), and the 24-Hour Economy and Accelerated Export Development Programme.
According to Executive Secretary Hilary Saki Kodji of GGEA, the initiative provides a collaborative space for the private sector to engage directly with policymakers to address operational issues, voice concerns, and co-create practical solutions.
“How to attract the investors into our country? What are the existing programs, what are the existing things that we’ll use to protect their investments? And then beyond that, we wanted to understand the transformative pillars in a 24-hour economy”, Kodji quizzed.
He continued, “because it’s moved beyond political rhetorics, it’s now become an authority. And so if there are programs they are running, how do businesses, or how does private sector, leverage on the transformative pillars to contribute to the growth?”
Chief Programme Officer at the 24-Hour Economy Authority, Abdul-Nasser Alidu outlined structural frameworks aimed at driving transformation and increasing efficiency across Ghana’s industrial landscape.
“Companies will go through a gateway application, a gateway process, where we put them into four different buckets. And depending on which bucket you fall into, there’s very specific interventions that we provide for you. So, they are going to get enterprise support. They are going to get some non-fiscal incentives.
We are supporting businesses to identify the kind of fiscal incentives that they can actually access. And we are also working with the Ministry of Finance to put in place a 24-hour economy incentive scheme that some of these businesses are going to benefit from”, according to Alidu.
As part of efforts by the 24-hour authority, a land policy has been finalised under the Participatory Land Access Model, which has already mobilized approximately 600 hectares of land to ensure investors face no legal or structural bottlenecks.
Eben Agyekum-Boateng, 3Business
