Ghana's 24-Hour Economy: Kofi Nkansah Urges Swift Action (2026)

Time is ticking, and the world won’t pause for Ghana to catch up—this is the urgent message from Kofi Ofosu Nkansah, former CEO of the National Entrepreneurship and Innovation Programme (NEIP), as he passionately advocates for the immediate rollout of a 24-Hour Economy. But here’s where it gets controversial: Nkansah argues that Ghana already has the groundwork in place to launch this transformative initiative, and delaying it further could cost the nation dearly. In a candid interview on Metro TV’s Good Morning Ghana on January 19, 2026, he pointed out that with only three years left in the current government’s term, every day wasted is a missed opportunity.

Nkansah’s bold statement, ‘The world is not waiting for us,’ underscores the need for swift action. He urges authorities to adopt Fourth Industrial Revolution technologies now, emphasizing that perfection should not be the enemy of progress. Instead, he suggests, start with what’s feasible and refine as you go. And this is the part most people miss: Ghana’s Metro Mass Transit system, for instance, successfully integrated electric buses into its fleet despite initial infrastructure challenges. These buses, imported just before the previous administration’s exit, are already operational because basic charging stations were in place—proof that incremental progress works.

Nkansah challenges the notion that systems must be flawless before launch, drawing parallels to Ghana’s Free Senior High School policy. Despite its early flaws, the program has benefited thousands of students, demonstrating that iterative improvement is key. He also cites China and the Asian tiger economies, where imperfect products and policies were continuously refined to achieve global dominance. Here’s the kicker: Nkansah warns that overreliance on feasibility studies, stakeholder consultations, and foreign study tours could squander precious time needed for implementation.

He believes establishing additional charging stations or power banks within a year is entirely possible—if there’s political will. But is Ghana ready to take this leap? Nkansah’s call to action raises a thought-provoking question: Are we willing to embrace imperfection to move forward, or will we let fear of failure hold us back? What do you think? Share your thoughts in the comments—let’s spark a conversation that could shape Ghana’s economic future.

Ghana's 24-Hour Economy: Kofi Nkansah Urges Swift Action (2026)
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