Ghana is moving to transform its traditional markets into modern, 24-hour trading centres across all 261 districts. The government’s new initiative aims to upgrade hundreds of markets that have grown without formal planning, often struggling with poor sanitation, congestion, and inadequate infrastructure.
Traditional markets remain central to Ghana’s economy. Markets like Makola, Kantamanto, and Kaneshie in Accra, Kejetia and Bantama in Kumasi, and Tamale Central Market handle a large share of the country’s retail trade. According to data cited by the World Bank and the US Department of Agriculture’s Foreign Agricultural Service, each traditional market averages an annual turnover of about US$4 million. They account for roughly 60 percent of total retail sales, significantly more than supermarkets and convenience stores combined. Over 90 percent of staple foods and more than 85 percent of fast-moving consumer goods are sold through these markets.
Despite the rise of malls and supermarkets, an estimated 95 percent of Ghanaians prefer to shop in traditional markets because of cost and accessibility. Hotels, restaurants, and industries also source much of their food supply here. These markets support a wide range of livelihoods, including traders, porters, drivers, farmers, and artisans.
The 24-Hour Economy Markets Initiative was introduced by President John Dramani Mahama to address long-standing problems in Ghana’s markets. Many have inadequate toilet facilities, poor waste management, and drainage issues. Congestion and limited trading space make it difficult for traders and consumers to operate safely and comfortably. Recurring fire outbreaks and food safety concerns add to the challenges.
Led by the Ministry of Local Government, Chieftaincy and Religious Affairs, the programme works with Metropolitan, Municipal and District Assemblies to build modern market centres. Each market will operate around the clock to expand trading hours and boost economic activity locally. The government will channel resources through the assemblies to encourage local management and adapt the projects to each area’s needs.
The plans include constructing modern shops, stores, warehouses, and cold-storage facilities. They will also provide banking and digital payment services, sanitation facilities, restaurants, creches, clinics, and security posts for police and fire services. The goal is to create organised commercial centres that serve the needs of traders and shoppers while supporting a modern economy.
By extending market hours and improving infrastructure, the initiative hopes to increase productivity and create jobs within communities. The markets will remain accessible to small-scale traders who depend on them for income and customers.
Traditional markets have evolved over decades without formal design, often crowded into small spaces. The initiative will give them a new structure and services to meet growing demand and improve hygiene and safety.
The government’s effort reflects the continuing importance of these markets in Ghana’s retail sector and food distribution networks. About 85 percent of importers’ and distributors’ business passes through traditional markets. Around 80 percent of wholesalers, sub-wholesalers, and super-retailers operate in these markets, which supply convenience stores nationwide.
The 24-Hour Economy Markets Initiative will test whether modernising these hubs can keep them relevant as Ghana’s economy grows and changes. If successful, it could transform how millions of Ghanaians buy and sell goods daily, while supporting more secure and sustainable livelihoods.
According to Joy Online.
