• EcoSecurities and the Energy Quest Foundation have partnered to accelerate electric mobility in sub-Saharan Africa, starting with Ghana.
  • The collaboration focuses on climate advisory services, capacity building, and mobilizing investment to develop high-impact e-mobility projects, aiming to reduce the transport sector’s 346 million tonnes of annual CO₂ emissions.
  • Initiative seeks to drive inclusive economic growth and decarbonize Africa’s rapidly urbanizing transport systems.

EcoSecurities, a global enterprise in climate solutions, has joined forces with the Energy Quest Foundation, a social impact organization championing clean energy and sustainable transport.

Their partnership is tailored to leverage carbon markets and climate finance to accelerate electric mobility (e-mobility) solutions across sub-Saharan Africa. Focusing initially on Ghana, this collaboration aims to transform the continent’s transport sector, which emits 346 million tonnes of CO₂ annually, by scaling up low-carbon infrastructure like electric buses, motorcycles, and charging networks.

EcoSecurities on tackling Africa’s emissions challenge

Africa’s transport sector is a growing concern, contributing nearly 24 per cent of the continent’s energy-related emissions, with a 4 per cent annual increase driven by rapid urbanization and motorization. In Ghana alone, transport accounts for 17 per cent of national greenhouse gas emissions, representing 47 per cent of energy-related CO₂ as of 2022.

Projections warn that under a business-as-usual scenario, Ghana’s transport emissions could soar from 43 million tonnes CO₂e in 2016 to 74 million tonnes by 2050. The EcoSecurities-Energy Quest partnership directly addresses this trajectory, promoting e-mobility as a pathway to cleaner air, energy security, and economic growth.

Pillars of collaboration on electric mobility

The partnership rests on three core strategies: climate and carbon advisory services, capacity building for investable e-mobility projects, and mobilization of catalytic finance.

By tapping EcoSecurities’ expertise in carbon markets with Energy Quest’s local industry knowledge, the initiative creates a pipeline of high-impact, investment-ready projects.

“We’re delighted to bring our global climate finance experience to Africa,” said Pablo Fernández, CEO of EcoSecurities. “Together with Energy Quest, we can catalyze investment in low-carbon transport solutions that drive inclusive growth.” This synergy ensures projects are both environmentally sustainable and economically viable, fostering long-term development.

Empowering local impact

Energy Quest Foundation’s role is pivotal, leveraging its convening power through platforms like the EV Revolution Africa (ERA) Conference to unite governments, investors, and development partners.

“Scaling e-mobility in Africa requires strong partnerships and coordinated financing,” said Lesley Arthur, Founder and Director of Energy Quest. By facilitating vital conversations and mobilizing capital, the foundation ensures that e-mobility solutions are tailored to local needs, particularly in Ghana, where urban transport demands are surging. The partnership’s focus on inclusive growth aims to empower communities, create jobs, and enhance access to clean transport.

Unlocking climate finance

A cornerstone of this initiative is the use of carbon and climate finance to fund e-mobility infrastructure. EcoSecurities’ expertise in navigating carbon markets is poised to enable the partnership to tap into new funding streams, reducing the financial barriers to adopting electric vehicles and charging stations.

This approach not only mitigates emissions but also attracts investment by aligning projects with global climate goals.

By prioritizing high-integrity projects, the partnership ensures that funds are directed toward solutions that deliver measurable environmental and social benefits, setting a model for other African nations.

A blueprint for Africa’s future

The EcoSecurities-Energy Quest collaboration could evolve into a blueprint for Africa’s sustainable future. By addressing the transport sector’s growing emissions, the partnership aligns with global decarbonization goals while fostering economic resilience.

In Ghana, where e-mobility can reduce reliance on fossil fuels and improve air quality, the initiative supports national development priorities.

As the partnership expands across sub-Saharan Africa, it aims to replicate this model, leveraging events like the ERA Conference to drive momentum and turn vision into action. With transport emissions rising, this timely collaboration positions Africa as a leader in green mobility, blending innovation, finance, and community impact.

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