Ghana Explores Assembling Electric Vehicles with Danish Firm
ACCRA — The Ministry of Trade and Industry in Ghana has signed a Memorandum of Understanding with Danish firm Byteblocs International to consider the assembly of electric vehicles within the nation.
According to Ghana News Agency, the partnership aims to invest in and develop an Aluminum Recycling and Components Manufacturing Plant, which would include Lithium batteries and LED Lighting. The MoU was signed during a meeting that took place following a courtesy call by Ghana’s Ambassador to Denmark, Madam Sylvia Annoh, who led a Danish business delegation to meet with Ghana’s Minister of Trade and Industry, Mr. Kobina Tahir Hammond.
Mr. Hammond represented the Ministry, while Jakob Munkgaard Andersen signed on behalf of Byteblocs. Both parties acknowledged that the realization of the project outlined by the MoU is contingent upon obtaining all necessary governmental, regulatory, and other approvals as mandated by the laws and regulations of each party’s respective country and each party’s internal policies, including those related to Standards and Certification.
Under the terms of the MoU, Byteblocs is expected to prioritize sustainable and environmentally friendly production systems, the development of local skills, and the transfer of technology to Ghana. This includes forming partnerships with local suppliers and distributors, and providing training for local employees and agents.
Furthermore, the project is set to establish aftersales stations or centers throughout Ghana. In support of the project, the Ministry of Trade and Industry, along with its agencies and relevant authorities, will aid in locating suitable land for the project’s facilities, offering incentives, and providing regulatory support in accordance with Ghana’s policies and laws. Assistance will also be extended to Byteblocs in obtaining residence and working permits in Ghana, including visas for initial planning and the commencement of project activities.
The MoU is slated to remain in force for a five-year term, although it includes a provision allowing either party to terminate the agreement with thirty (30) days’ written notice.