Stable power key to 24-hour economy initiative – Otumfuo

The Asantehene, Otumfuo Osei Tutu II, has called on both local and international investors to channel resources into Ghana’s energy sector, stressing its crucial role in the successful implementation of the government’s proposed 24-hour economy.

Speaking at a meeting with officials from Dream Power Africa, a solar energy firm, on Wednesday, May 21, at the Manhyia Palace in Kumasi, Otumfuo stressed that without a stable and accessible power supply, Ghana’s vision of sustaining round-the-clock productivity would face serious challenges.

His remarks come as the government prepares to roll out its flagship 24-hour economy initiative, a key policy promise made by the National Democratic Congress (NDC) during the 2024 elections.

Otumfuo commended Dream Power Africa for its interest in renewable energy solutions and welcomed the company’s commitment to partnering with Ghana in its transition to green energy. As part of its initial plan, the company intends to provide 24-hour energy security to key industrial zones through solar power.

“Currently, the government has been talking about a 24-hour economy. If that is going to be successful, then energy must also be available in rural areas, and industries will need it to function efficiently,” he stated.

Otumfuo underscored the importance of inclusive energy distribution, highlighting that rural communities must not be left behind in the national energy agenda.

He added, “So, from a wider perspective, it will all help in the development of this country.”

The initiative aims to boost economic activity across sectors, including manufacturing, agriculture, healthcare, and ICT, by encouraging businesses and public institutions to operate in rotating shifts throughout the day.