Augustus Tanoh urges investors to prioritise Upper East for strategic investments

Presidential Adviser on the 24-Hour Economy and Accelerated Export Development, Augustus Obuadum Tanoh, has called on local and international investors to seize the vast economic opportunities in the Upper East Region by investing in bankable projects capable of transforming the area’s economy and creating sustainable jobs.

Speaking on behalf of President John Dramani Mahama during the opening of the three-day Upper East Regional development and business forum and exhibition at the Desert Pastures Auditorium in Bolgatanga on Monday, June 29, Tanoh said the Prosperity through Enterprise, Agriculture, Resilience and Livelihoods (PEARL) Framework provides a practical roadmap for unlocking the region’s development potential through strategic investment and strong partnerships.

He encouraged investors to explore partnerships, identify viable investment opportunities, establish new business relationships, support innovation, and invest in enterprises that would accelerate economic growth across the region.

“The opportunity set has been laid out. Explore partnerships. Identify bankable projects. Establish new business relationships. Invest in enterprises. Support innovation. Create jobs,” he urged.

Tanoh also appealed to financial institutions to develop innovative financing solutions tailored to the needs of entrepreneurs, farmers, cooperatives, small and medium-sized enterprises (SMEs), and investors operating within the Upper East Region.

He explained that the government’s financing strategy under the 24-Hour Economy initiative seeks to leverage long-term domestic capital, including funds from the Social Security and National Insurance Trust (SSNIT), private pension schemes, and credit unions, to support productive investments and regional transformation.

The Presidential Adviser further highlighted the importance of the participatory land access model (PLAM), describing it as a practical approach to addressing land acquisition challenges while ensuring host communities benefit directly from investments through equity participation in development projects.

According to him, the model would help minimise conflicts associated with land acquisition, speed up project implementation, and promote inclusive economic development.

Tanoh commended the traditional authorities of the Upper East Region for maintaining peace and stability, stressing that no meaningful investment could thrive without a peaceful environment.

He also urged the Regional Minister, Regional Coordinating Council, Municipal and District Chief Executives, traditional leaders, and the PEARL Technical Working Committee to critically examine the framework over the three-day forum to strengthen its implementation strategies.

He noted that a development framework refined through rigorous stakeholder engagement in Bolgatanga would gain greater credibility when presented to Cabinet, Parliament, development partners, and potential investors.

Tanoh described the PEARL Framework as a structured blueprint that would enable the Upper East Region to set its own development priorities through visionary leadership, community ownership, strategic investment, and strong national collaboration.

On behalf of President John Dramani Mahama, he officially declared the Upper East Regional Development and Business Forum and Exhibition open, expressing optimism that the initiative would position the region as an attractive destination for investment and sustainable economic growth.

Mike 105.3FM I Navrongo | David Adapuna

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