Ghana has taken a significant step towards advancing its 24-Hour Economy agenda with the signing of a Memorandum of Understanding (MoU) between the Ghana Investment Promotion Centre (GIPC) and the China–Africa Economic and Trade Promotion Council (CAETP).
The agreement establishes the China–Ghana Economic and Cooperation Project Programme, designed to create a structured platform for investment promotion, investor engagement and coordinated project development between Chinese enterprises and Ghanaian stakeholders.
A statement issued by the GIPC in Accra said the programme seeks to deepen investor engagement, improve deal flow and fast-track the development of bankable projects aligned with Ghana’s long-term economic growth objectives.
The MoU was signed during the China-Ghana Economic and Trade Cooperation Project Promotion Conference, alongside the inauguration of the GIPC China Liaison Office, marking a new phase of sustained investment engagement with China.
According to the statement, the Ghana–China Delegation Mission was led by the 24-Hour Economy Secretariat (24H+) and strategically coordinated by the Presidential Advisor on the 24-Hour Economy, Mr Augustus Tanoh.
The delegation included officials from the National Development Planning Commission, the Ministry of Finance, the Ministry of Fisheries and Aquaculture Development, the Ministry of Tourism, Culture and Creative Arts, the Ghana Export Promotion Authority (GEPA), and the Ghana Infrastructure Investment Fund.
The mission, which combined investment promotion with a study tour, followed President John Dramani Mahama’s visit to China last year and reflects Ghana’s strategy to translate high-level diplomatic engagements into tangible investment partnerships.
As part of the programme, the Ghanaian delegation presented detailed 24H+ project opportunities, particularly within the Volta Economic Corridor (VEC), allowing potential investors to engage more deeply than is typically possible during presidential-level investment forums.
The statement noted that the mission also created opportunities for collaboration with Chinese public research institutions to accelerate and sustain the implementation of the President’s 24-Hour Economy initiative.
The study tour is expected to provide insights into China’s development model, including policy tools and institutional frameworks that could be adapted to Ghana’s context.
It will also examine how China has structured relationships between the state, foreign investors and indigenous small and medium-sized enterprises, as well as how it has addressed environmental challenges through technologies such as affordable irrigation systems, AI-driven agroecology and large-scale off-grid renewable energy solutions.
It said the initiative aligns with Ghana’s broader industrial and economic transformation agenda, which prioritises private sector-led investment, value-chain development and sustainable job creation.
During the engagements, the Chief Executive Officer of GIPC, Mr Simon Madjie, led discussions with the Chinese business community, positioning Ghana as an investor-ready destination supported by clear policy frameworks, targeted incentives and ongoing ease-of-doing-business reforms.
He outlined Ghana’s investment entry processes, sector-specific opportunities and government measures aimed at reducing transaction costs and strengthening investor confidence across priority sectors.
The Deputy Chief Executive Officer of GEPA, Mr Ambrose Nsarkoh, also made presentations highlighting Ghana’s export potential, trade facilitation mechanisms and market access opportunities for investors and exporters.
