The 24-Hour Economy and Accelerated Export Development Authority has participated in the International Federation of Procurement and Supply Management (IFPSM) World Summit 2026, held at the Peninsula Beach Resort, Akosombo.
The Authority was represented by a delegation led by the Project Manager for Supply Chain Systems, Nlaliban Wujangi, who delivered Special Remarks on behalf of the Presidential Adviser on the 24-Hour Economy and Accelerated Export Development Programme. The Summit convened global leaders in procurement and supply management to deliberate on building integrated, resilient, efficient and sustainable supply chains.
At the summit, the 24-Hour and Accelerated Export Development team anchored the session on Smart Logistics, Freight forwarding and infrastrutural development
Mr. Wujangi indicated that Government is implementing the programme as a coordinated economic system that connects factors of production. He briefed participants on the state of Ghana’s supply chain, how it has evolved and the prospects of the key interventions being put in place. The programme is rolling out of a supply chain system, that embodies transport connectivity, market linkages, cold chain facilities and inland port infrastructure, that serve the needs of the production outputs of the programme’s agroecological parks, industrial zones, and aquaculture parks, tourism and riverine services. The deployment of the technology-enabled platform provides visibility for all actors in the chain.
He further outlined that the integrated supply chain system will increase domestic production and reduced import dependence, increase farmer incomes, reduce cost of food on the markets, enhance competitiveness of Ghanaian products on domestic and international markets,facilitate the growth of bankable and export-ready Small and Medium Enterprises through the Enterprise Readiness Programme, create sustainable jobs for youth and women across and reduce post-harvest losses, stock-outs and business costs.
The presentation generated positive feedback from participants, with several expressing interest in collaborating with the 24-Hour Economy Authority to co-develop tourism and other economic activities within the Lake Volta enclave.
The Akwamumanhene, Odeneho Kwafo Akoto III, commended the vision of Government for the Volta Economic Corridor. “We recognize the vision of the Government of His Excellency John Dramani Mahama, President of the Republic of Ghana, through the proposed Volta Economic Corridor Initiative, which seeks to unlock economic opportunities across the Volta corridor and its surrounding areas. The Akwamu traditional area, with its strategic location and industrial advantages, is well positioned to contribute meaningfully to this transformative agenda,” he said.
Odeneho Kwafo Akoto III extended an invitation to the Federation to establish a presence in the area.“It is against this background that I wish to extend a special invitation to the International Federation of Purchasing and Supply Management to consider establishing an IFPSM office or regional presence in Akwamu land. Such a presence will not only strengthen professional practice and knowledge exchange, but also position the Federation to participate directly in the emerging economic opportunities of the Volta Economic Corridor,” he added.
Also commending the 24hour economy programme, the Chief Executive Officer of B5 Plus Limited, Mr. Mukesh V. Thakwani, linked his company’s investment to the 24-Hour Economy vision. “I’ll give kudos to our current President, His Excellency John Dramani Mahama, under his vision of 24-hour economy, we are building up our tankers and trailers facility, which will be producing 300 tankers and trailers right here in Ghana. This will be inaugurated in the first quarter of 2027,” he said.
The Authority welcomed the expressions of support and reiterated its openness to collaborate with IFPSM and its global membership in co-developing tourism, industrial linkages and value chain development along the Volta corridor
