Ghana Workshop Addresses Financing Challenges in Electric Two-Wheeler Industry

Accra:The Ghana Chamber of Clean Energy (GCCE), in collaboration with the William Davidson Institute (WDI) at the University of Michigan, USA, held a stakeholder consultative workshop in Accra on October 27, 2026. The workshop aimed to address financing constraints facing Ghana’s burgeoning electric two-wheeler sector, including manufacturing, assembling, and retail businesses, and to explore policy solutions for better access to capital.

According to Ghana Web, the workshop is part of a joint research and advocacy initiative by GCCE and WDI. It gathered electric two-wheeler enterprises, financial institutions, and other industry stakeholders to validate identified financing gaps, uncover new challenges, and explore opportunities for collective action to meet the sector's financial needs.

Emmanuella Biney, GCCE Programmes and Outreach Manager, remarked during the opening that solving the sector's financial challenges requires more than just increasing capital availability. It also needs proper financing structures, stronger institutional collaboration, and an enabling environment to boost investor confidence, enhance financing access, and accelerate electric two-wheeler adoption in Ghana.

The research team presented seven preliminary financing gaps, such as limited implementation of import duty waivers for electric two-wheeler companies, difficulties in transitioning from grant funding to follow-on investment, and limited access to affordable local-currency debt. Participants discussed these findings and explored additional barriers and potential solutions to improve financing access.

The workshop's findings and recommendations will contribute to a forthcoming report by GCCE and WDI, which will guide future engagements with government, financial institutions, and industry stakeholders on necessary policy and financing measures to overcome the identified challenges and support the growth of electric mobility in Ghana.