In Ghana, a development expert prepared a concept for a 24-hour economy and entrepreneurship
In Ghana, development expert Confidence Abotsi said he had prepared a three-volume job-creation concept. It covers a 24-hour economy, entrepreneurship, small and medium-sized businesses, agricultural projects and local industry. The author plans to submit the document, titled “Job Creation through Policy: A Blueprint for Ghana’s Industrial Transformation & Entrepreneurship,” to President John Mahama and other officials, MyJoyOnline reports.
Local resources and jobs
Abotsi proposes linking government job-creation programmes to the resources of specific communities. As an example, he cited the Central Tongu District and the Volta Region, which, he said, have arable land, clay deposits, freshwater resources and tourist locations.
The author also emphasized the local economic development tool, which, he said, municipal, metropolitan and district administrations should take into account in their medium-term development plans. In his view, this approach can increase local government revenue and promote job creation based on the resources of the territories.
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Unemployment and entrepreneur training
Citing data from the Ghana Statistical Service, Abotsi said that the country’s overall unemployment rate fell from 14.7% in 2023 to 13%, while unemployment among young people aged 15 to 35 reached 21.9%. He also drew attention to unstable and low-paid employment in the Volta Region.
The concept mentions the Adwumawura, 24HE Agro-Incentive Policy, National Apprenticeship Programme, STEP-UP and FEED Ghana programmes, as well as the rapid industrialization and mini-processing enterprises initiative. Abotsi believes that before such initiatives are launched, young people should receive technical and management training, as a lack of these skills may be one of the reasons for business failures.
He also mentioned the Youth Enterprise Support programme, which operated in 2015–2016. According to him, local activists in Central Tongu held radio broadcasts and orientation meetings and helped young people prepare business plans. At that time, two people from Central Tongu became beneficiaries of the programme among 107 applicants nationwide. Now, according to Abotsi, this initiative has been reformatted into the National Entrepreneurial and Innovation Programme.
