Ga Mantse Nii Tackie Teiko Tsuru II has led a high-level investment mission that secured strategic partnerships to support Ghana’s 24 Hour Economy agenda. This initiative aims to boost industrial production, create jobs, and improve economic productivity. The mission, comprising business leaders and investors from the United States and the United Kingdom, engaged government institutions and industry leaders to explore investment opportunities across healthcare, energy, finance, and cocoa value addition.
A major highlight of the mission was a meeting at the Presidency, where President John Dramani Mahama welcomed the delegation. He reaffirmed his administration’s commitment to creating an enabling environment for investors. The President also reiterated his vision for implementing Ghana’s 24 Hour Economy, a flagship policy designed to stimulate economic growth. The discussions underscored a shared commitment between President Mahama and the Ga Mantse to attract investments capable of transforming key sectors of the economy while generating sustainable employment.
This investment drive aligns with Ghana's broader economic strategy to diversify its economy and increase local value addition. The government has consistently sought foreign direct investment (FDI) to fund critical infrastructure projects and industrial expansion. Recent data from the Ghana Investment Promotion Centre (GIPC) indicates a steady increase in FDI inflows over the past two years, reflecting growing investor confidence. This mission builds on these efforts, leveraging traditional leadership to complement national economic development goals.
One of the mission’s most significant outcomes was the announcement of agreements for the construction of a 500-bed specialist children’s hospital and a 24-hour pharmacy facility at Korle Bu. Work on these projects is expected to commence soon. These healthcare initiatives are projected to strengthen Ghana’s healthcare infrastructure, improve access to quality medical services, and support the government’s vision of expanding healthcare delivery. They are also expected to create hundreds of direct and indirect jobs, contributing significantly to local employment.
Beyond healthcare, the delegation undertook strategic visits to several key state institutions to gain a deeper understanding of Ghana’s investment landscape. At the Ghana Cocoa Board (COCOBOD), the delegation met Chief Executive Dr. Ransford ‘Randy’ Abbey. He outlined ongoing reforms to revitalise Ghana’s cocoa industry through domestic financing, increased local processing, and value addition. These reforms align closely with the government’s industrialisation agenda and efforts to maximise returns from Ghana’s cocoa sector. The investors also visited the Cocoa Processing Company (CPC) to explore opportunities to expand Ghana’s chocolate and cocoa processing capacity. Increasing local processing remains central to Ghana’s ambition of exporting more finished cocoa products instead of raw beans, thereby creating greater value, more jobs, and higher export earnings.
Another key stop was the Tema Oil Refinery (TOR), where discussions focused on the future of Ghana’s energy sector, petroleum refining, and strategic investment opportunities. These opportunities aim to improve domestic fuel production and reduce dependence on imported refined products. The delegation also met officials at the Bank of Ghana, led by Governor Dr. Johnson Pandit Kwesi Asiama. Discussions centred on Ghana’s macroeconomic outlook, financial sector stability, and the country’s commitment to providing a secure environment for international investment. The visit offered investors insights into Ghana’s monetary policy direction and ongoing economic recovery efforts.
The investment mission highlights the growing role traditional leadership can play in complementing government efforts to attract foreign direct investment. By leveraging his international networks, the Ga Mantse continues to position Greater Accra and Ghana as competitive destinations for global capital. It also reinforces Ghana’s commitment to strengthening partnerships with the diaspora and the international business community while advancing President Mahama’s vision of a modern, industrialised economy driven by production, innovation, and round-the-clock economic activity. As Ghana pursues its 24 Hour Economy agenda, collaborations between traditional authorities, government, and private investors are expected to play an increasingly important role in unlocking opportunities across healthcare, manufacturing, agriculture, energy, and finance. With investment commitments beginning to materialise, including the planned Korle Bu hospital project, the mission marks another significant step towards translating strategic partnerships into tangible national development. The successful execution of these projects will be crucial in demonstrating the viability and impact of the 24 Hour Economy initiative.