The Alliance for Development and Industrialization (ADI) is urging the Government of Ghana to deepen collaboration with the Government of Germany and the KfW Development Bank, a member of the International Development Association (IDA), to accelerate the nation\u2019s 24-Hour Economy through agriculture, agro-processing, and renewable power development.<\/p>\n
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According to ADI, Ghana\u2019s 24-Hour Economy concept designed to boost industrial productivity and job creation can only be achieved sustainably when backed by reliable, low-cost, and renewable energy sources such as solar and biofuels, and supported by robust agro-industrial value chains.<\/p>\n
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\u201cGermany and KfW have long been central to Ghana\u2019s development story,\u201d said Dr Richard Mensah, Convenor of ADI. \u201cThey have helped modernize our agricultural sector, strengthen technical and vocational education, and establish key institutions such as the Development Bank Ghana (DBG) and the Outgrower and Value Chain Fund (OVCF). These are the right partners to lead Ghana\u2019s next growth phase under the 24-Hour Economy.\u201d<\/p>\n
ADI is advocating for the expansion of Germany\u2019s successful KfW OVCF programme, which has already provided innovative financing and support to smallholder farmers and agribusinesses. The organization proposes broadening this initiative to cover key high-potential commodities that can drive industrialization and export growth specifically:<\/p>\n
Palm and Coconut \u2013 for edible oils, cosmetics, and renewable biofuel production.<\/p>\n
Citrus and Tropical Fruits \u2013 for juices, concentrates, and processed exports.<\/p>\n
By-products and Waste \u2013 for organic fertilizers, feed, and bioenergy.<\/p>\n
The expansion, ADI says, should include value addition, processing, and export linkages, ensuring farmers and local processors can benefit directly from global markets while creating sustainable jobs.<\/p>\n
For Ghana to operate a 24-hour production and services system, renewable energy must form the base of industrial and rural power supply. ADI highlights that solar farms, distributed mini-grids, and biofuel systems can provide \u201cfree and clean\u201d energy to agro-processing zones, cold-chain facilities, and rural industries reducing cost pressures and ensuring continuous operation.<\/p>\n
\u201cThe 24-Hour Economy must be powered by renewable and free energy sources that ensure factories, farms, and logistics hubs can operate round the clock,\u201d he added. \u201cThis approach will make Ghana\u2019s exports more competitive and environmentally sustainable.\u201d<\/p>\n
Germany remains one of Ghana\u2019s most consistent and effective development partners. Over the decades, German cooperation has spearheaded programs in:<\/p>\n
Agricultural modernization and value chain finance (via KfW and GIZ).<\/p>\n
Technical and vocational education and training (TVET), equipping youth with employable skills.<\/p>\n
Industrial financing through the establishment of the Development Bank Ghana (DBG).<\/p>\n
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Renewable energy projects, supporting Ghana\u2019s energy transition towards sustainable growth.<\/p>\n
ADI believes that building on this foundation through a formal Ghana\u2013Germany\u2013KfW partnership will create a unified framework to support agro-industrial zones, renewable energy infrastructure, and export-oriented manufacturing.<\/p>\n
ADI is therefore calling on policymakers to prioritize the creation of a Ghana\u2013Germany\u2013KfW 24-Hour Economy Initiative, which would integrate:<\/p>\n
Agriculture and value chain financing expansion through OVCF.<\/p>\n
Agro-processing industrial parks powered by renewable energy.<\/p>\n
Export facilitation for palm, coconut, citrus, and fruit-based products.<\/p>\n
Youth training and enterprise support through TVET-linked programs.<\/p>\n
\u201cGermany and KfW have the expertise, capital, and technology to make Ghana\u2019s 24-Hour Economy a reality,\u201d ADI concluded. \u201cWith their partnership, Ghana can transition from raw commodity exports to a renewable-powered agro-industrial nation that operates efficiently, inclusively, and sustainably.\u201d<\/p>\n
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About ADI<\/p>\n
The Alliance for Development & Industries (ADI) is a policy and investment platform promoting agricultural transformation, renewable energy adoption, and inclusive economic growth across Africa. ADI is seeking to work with communities, governments, development agencies, and private investors to build sustainable value chains and job-creating enterprises.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Alliance for Development and Industrialization (ADI) is urging the Government of Ghana to deepen collaboration with the Government of Germany and the KfW Development Bank, a member of the International Development Association (IDA), to accelerate the nation\u2019s 24-Hour Economy through agriculture, agro-processing, and renewable power development. According to ADI, Ghana\u2019s 24-Hour Economy concept<\/p>\n","protected":false},"author":3,"featured_media":9421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,8],"tags":[1348,2694,2317],"class_list":{"0":"post-9418","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agric-and-environment","8":"category-economy-and-finance","9":"category-news","10":"tag-24-hour-economy","11":"tag-alliance-for-development-industries-adi","12":"tag-international-development-association-ida"},"yoast_head":"\n