The Asantehene, Otumfuo Osei Tutu II, has called on investors to channel resources into Ghana’s energy sector, highlighting its pivotal role in the success of the government’s proposed 24-hour economy.
Speaking during a meeting with officials from Dream Power Africa, a solar energy company, at the Manhyia Palace on Wednesday, May 21, the Asantehene emphasized that sustainable and reliable energy is a fundamental requirement for national development.
“The government has been promoting the idea of a 24-hour economy. But for that to work, electricity must be consistently available — especially in rural areas. Industries rely on energy to operate efficiently,” Otumfuo noted.
“When energy needs are met, it creates a strong foundation for the broader development of the country.”
24-Hour Economy as a National Policy
The 24-hour economy was a central policy proposal of the National Democratic Congress (NDC) during the 2024 election campaign. It aims to boost productivity and employment by encouraging businesses and public institutions to operate around the clock in sectors such as manufacturing, agriculture, ICT, and healthcare.
President John Dramani Mahama has framed the initiative as part of a larger industrialisation agenda designed to address youth unemployment and enhance economic competitiveness. The policy will be voluntary for businesses and backed by new legal and institutional frameworks to ensure its effectiveness.
To spearhead its rollout, President Mahama appointed Augustus “Goosie” Tanoh as Presidential Advisor on the 24-Hour Economy and Accelerated Export Development.
The Role of Energy
Otumfuo Osei Tutu II’s remarks reinforce the understanding that energy access—particularly in underserved regions—is vital for realising the full potential of the 24-hour economic model.
He commended the efforts of renewable energy firms like Dream Power Africa and encouraged greater private sector involvement in building resilient energy infrastructure across Ghana.
