President John Dramani Mahama and Veep Professor Opoku-Agyemang at the launch of 24-HR+
The Alliance for Development and Industrialisation (ADI) is calling on the Government of Ghana to deepen collaboration with Germany and the KfW Development Bank to accelerate the nation’s 24-Hour Economy through agriculture, agro-processing, and renewable energy.
According to ADI, Ghana’s 24-Hour Economy, aimed at boosting industrial productivity and job creation, requires reliable, low-cost renewable energy and robust agro-industrial value chains.
“Germany and KfW have modernised our agriculture, strengthened TVET, and helped establish key institutions like the Development Bank Ghana (DBG) and the Outgrower and Value Chain Fund (OVCF). They are ideal partners for the next growth phase,” ADI Convenor, Dr Richard Mensah said.
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“ADI proposes expanding KfW’s OVCF program to support high-potential commodities such as palm, coconut, citrus, and tropical fruits, including value addition, processing, and export linkages. By-products and waste could be converted into organic fertilizers, feed, and bioenergy, boosting sustainability and rural jobs,” the Alliance added.
Additionally, it noted that renewable energy is central to the plan as solar farms, mini-grids, and biofuel systems can power agro-processing zones, cold chains, and rural industries, reducing costs and enabling 24-hour operations.
The ADI framework integrates expanded agriculture and value-chain financing through the OVCF, the development of agro-processing industrial parks powered by renewable energy, export facilitation for palm, coconut, citrus, and other fruit products, and youth training and enterprise support linked to TVET programs.
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“With Germany and KfW’s expertise, capital, and technology, Ghana can transform into a renewable-powered agro-industrial nation operating efficiently, inclusively, and sustainably,” ADI concluded.
