The Government of Ghana has signed a Memorandum of Understanding (MoU) with the Arab Bank for Economic Development in Africa (BADEA) to support the country’s 24-Hour Economy and Accelerated Export Development Programme.
The agreement, signed at the Bank of Ghana, is expected to unlock financing and technical cooperation to modernise key sectors, expand exports, and generate jobs, particularly for the youth and women.
Presidential Advisor on the 24H+ Programme, Goosie Tanoh, said the partnership would have a direct impact on entrepreneurs, farmers, and young innovators who are eager to expand production and build sustainable livelihoods.
BADEA President, Abdullah Almusaibeeh, expressed confidence in Ghana’s vision for inclusive growth, while the Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, reaffirmed the central bank’s commitment to maintaining stability in support of the initiative.
Officials believe the partnership will provide critical investment to drive Ghana’s ambition of building a resilient, round-the-clock economy that creates opportunities across multiple sectors.