Chief Executive of the Ghana EXIM Bank, Sylvester Adinam Mensah
The Chief Executive of the Ghana EXIM Bank, Sylvester Adinam Mensah, has rallied Metropolitan, Municipal, and District Chief Executives (MMDCEs) in the Volta Region behind the government’s flagship 24-Hour Economy Policy.
Speaking at a preparatory retreat for the MMDCEs at Tegbi in the Volta Region ahead of the Volta Economic Forum scheduled for October 31, 2025, Mensah challenged the Chief Executives to take advantage of the policy and position their districts to tap into its benefits.
“The task now is to position our Metropolitan, Municipal, and District Assemblies to be relevant to this policy. If we find relevance in the policy, our people will find prosperity in the region,” he said.
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According to him, “we have transitioned from party work to development work. Things don’t just happen, we have to make them happen. At the moment, we are at the forefront of President Mahama’s reset agenda that is moving across every district and region. We must ensure that it succeeds.”
He clarified that the 24-Hour Economy is not simply about working longer hours, but about creating an enabling environment where industries, logistics, and services operate seamlessly across time zones to make Ghana globally competitive.
“This requires local government commitment to provide land, planning, and regulatory facilitation. It also requires private sector innovation to invest in enterprises that generate jobs and wealth. It needs financial support and discipline, where GEXIM stands ready as a reliable partner, but expects accountability and repayment to ensure sustainable financing,” he stated.
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The MMDCEs’ retreat, organised by the Volta Economic Embassy, was aimed at preparing participants to meaningfully engage at the Volta Economic Forum, which will take place in a couple of weeks as part of activities marking this year’s Hogbetsotso festival.
While pledging GEXIM’s support through partnership, Mensah urged the MMDCEs to “focus on bankable ideas that align with Ghana’s industrial and export development goals.”
He emphasised that the Volta Economic Corridor, a key component of the 24-Hour Economy strategy, “should not be an abstract concept. It should translate into rice mills in Hohoe, cassava processing factories in Adaklu, logistics hubs in Aflao, beach resorts in Tegbi, and renewable energy farms across the region.”
The Volta Regional Minister, James Gunu, who addressed the meeting virtually, assured the MMDCEs that government was making the necessary efforts to connect cities and towns in the region through its flagship infrastructure programme, the Big Push.
The event was attended by officials from the 24-Hour Economy Secretariat, the Ghana Investment Promotion Centre (GIPC), and several other government agencies.