The Ghana Chamber of Clean Energy (GCCE), in partnership with the William Davidson Institute (WDI) at the University of Michigan in the United States, has convened a stakeholder consultative workshop in Accra to examine financing challenges confronting Ghana’s emerging electric two-wheeler industry.
The workshop, held on Tuesday, October 27, 2026, brought together electric two-wheeler manufacturers, assemblers, retailers, financial institutions and other industry stakeholders to assess barriers to accessing capital and explore policy interventions to support the sector’s growth.
The engagement forms part of an ongoing joint research and advocacy initiative by GCCE and WDI aimed at identifying financing constraints within Ghana’s electric mobility ecosystem and developing practical solutions to improve access to funding.
Opening the workshop, GCCE Programmes and Outreach Manager, Ms. Emmanuella Biney, said addressing the financing challenges required more than simply increasing the availability of capital.
She stressed the need for appropriate financing structures, stronger institutional collaboration and an enabling policy environment capable of boosting investor confidence, improving access to finance and accelerating the adoption of electric two-wheelers in Ghana.
According to her, coordinated action involving government and private sector stakeholders is essential to addressing the challenges, noting that no single institution can independently resolve the financing constraints confronting the industry.
She also called for a deeper understanding of the funding difficulties and policy gaps identified through GCCE’s engagements with industry players to inform effective government interventions.
During the workshop, the research team presented seven preliminary financing gaps identified through its study.
These include the limited implementation of announced import duty waivers for electric two-wheeler companies, difficulties transitioning from grant funding to subsequent investment, and the dependence of businesses on their own balance sheets to finance riders.
Other challenges identified were limited access to affordable local-currency loans, stringent lending requirements that early-stage businesses struggle to meet, equity investors’ preference for asset-light business models, and persistent information and expectation gaps between businesses and capital providers.
Participants subsequently engaged in group discussions to validate the findings, identify additional financing barriers and propose practical approaches to addressing the challenges.
The discussions also examined opportunities for stronger collaboration among government agencies, financial institutions, electric two-wheeler companies and other industry stakeholders to develop sustainable financing solutions and support the expansion of electric mobility in Ghana.
The findings and recommendations from the consultative workshop will feed into a forthcoming public report to be jointly developed by GCCE and WDI.
The report is expected to serve as a framework for GCCE’s continued engagement with government, financial institutions and industry players on the policy reforms and financing mechanisms required to unlock capital, strengthen electric two-wheeler businesses and accelerate Ghana’s transition towards cleaner and more sustainable transportation.
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