Ghana Asks Its Diaspora to Route Record $7.8bn in Remittances Into a 24-Hour Economy

Ghana has launched a drive to channel part of a record US$7.8 billion in annual remittance inflows into its 24-Hour Economy and Accelerated Export Development Programme, with Presidential Adviser Augustus Goosie Tanoh framing it as a pitch for diaspora capital, expertise and belief to “come home.” It builds on Ghana’s wider diaspora play this year — the reopened historic-diaspora citizenship pathway and the new e-visa rollout.

The ask is a step up from sending money to relatives: it invites the diaspora to fund productive capacity and export ventures. As with every “invest back home” pitch in today’s brief, the substance is in the terms — what instrument, what return, what protection — none of which a launch announcement settles. Diaspora Ghanaians should treat this as a signal to ask for specifics, not as a product to buy on patriotism.

Source: The Business & Financial Times (Ghana); Diaspora Resource Centre Ghana.