Edward Nana Yaw Koranteng, former Chief Executive Officer of the Minerals Income Investment Fund (MIIF) and mining and investment consultant, has called for the urgent establishment of a unified and consolidated national electric vehicle (EV) policy to accelerate Ghana’s transition to sustainable mobility.
Delivering the keynote address at the ERA E-Mobility Conference in Accra, Mr Koranteng highlighted that the current fragmentation among key stakeholders—including GRIDCo, ECG, the Ministry of Transport, and various investment agencies—has slowed the country’s EV adoption and industrial development.
“Ghana needs a harmonised electricity pricing framework, clear charging infrastructure standards, a coherent transport electrification roadmap, and aligned industrial incentives,” he said. “Without coordination, efforts remain fragmented, and the full demand-side effect of policy interventions is lost.”
Drawing lessons from Norway’s successful EV transition, Mr. Koranteng argued that a deliberate, consolidated policy would create clarity for investors, stimulate domestic EV demand, and accelerate the growth of an integrated EV ecosystem.
He also proposed reducing EV import tariffs from 52 percent to 15 percent to further stimulate early adoption while providing fiscal incentives such as duty exemptions on battery components and preferential procurement for electric public transport fleets.
According to him, harmonisation would enable Ghana to leverage existing initiatives such as the auto development policy and the establishment of specialized EV industrial zones, ensuring that the country captures long-term economic and technological benefits from the global shift toward electrified transport.
Conference participants broadly agreed with Mr. Koranteng’s position, noting that a unified national EV policy is critical to converting Ghana’s mineral and industrial potential into tangible economic growth, job creation, and leadership in Africa’s sustainable mobility landscape.
Source: asaaseradio.com
