Mahama Unveils Volta Economic Corridor as Flagship Project of 24-Hour Economy

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President John Dramani Mahama has announced the Volta Economic Corridor as the flagship initiative under his government’s 24-Hour Economy policy, describing it as a bold and transformative strategy to unlock the agricultural, industrial, and environmental potential of the Volta Lake and surrounding regions.

Speaking at the official launch of the 24-Hour Economy programme in Accra on Wednesday, President Mahama said the initiative is designed to revive the original vision of Ghana’s first President, Dr. Kwame Nkrumah, who saw the Volta project not just as a power source but as the foundation for agro-industrial transformation.

“Our flagship intervention is the Volta Economic Corridor — a transformation effort that will unlock the economic and environmental potential of the Volta Lake and its surrounding lands,” President Mahama stated.

He expressed disappointment that key components of Nkrumah’s vision, especially in agriculture and agribusiness, were abandoned over the decades, and vowed to bring that dream back to life.

“Today, we will recreate Kwame Nkrumah’s dream. Today, his dream comes alive again,” he declared.

The Corridor will anchor several key sub-programmes of the 24-Hour Economy agenda, including:

• Grow 24:
  Over 2 million hectares of land will be irrigated to support intensive, year-round agriculture.
• Make 24:
  Establishment of agro-industrial parks, focusing on textiles, pharmaceuticals, and food processing, aimed at value addition and job creation.
• Show 24:
  Development of tourism clusters along the Volta Lake to promote hospitality, eco-tourism, and heritage-based enterprises.
• Connect 24:
  Transformation of Volta Lake into a central transport and logistics corridor, improving connectivity between North and South, East and West.

The Volta Economic Corridor is expected to become a model for inclusive regional development, generating thousands of jobs, boosting exports, and positioning Ghana as a key hub for agro-industry and tourism in West Africa.

The initiative also aligns with Mahama’s broader commitment to revive state-backed development planning, leveraging strategic public investment to catalyze private-sector-led growth under the 24-Hour Economy framework.