The Strategic Youth Network for Development (SyND) is urging government to operationalise Ghana’s Renewable Energy Fund through the 2027 Budget, proposing a dedicated financing window to support young entrepreneurs and small businesses in the renewable energy sector.
The organisation says the fund, which is already established, remains largely unutilised despite its potential to address financing constraints facing emerging businesses seeking to participate in Ghana’s energy transition.
Executive Coordinator of SyND, Chibeze Ezekiel, made the proposal at a press conference on Monday, November 2, 2026, where the organisation presented recommendations for implementing Ghana’s Renewable Energy Master Plan.
SyND is calling on the Ministry of Energy and Green Transition and the Ministry of Finance to establish a financing window combining pre-investment grants, partial credit guarantees and working capital support for businesses seeking to secure renewable energy supply contracts.
The proposed arrangement would also involve the Ghana Enterprises Agency and the Microfinance and Small Loans Centre (MASLOC) to extend support to businesses that are not yet investment-ready.
Beyond financing, SyND is advocating a dedicated youth clean-cooking programme to support Ghana’s target of distributing 4.5 million improved cookstoves.
The organisation wants the Ministry of Energy and Green Transition, the Energy Commission and the Ghana Standards Authority to help young entrepreneurs manufacture, distribute and service improved cookstoves.
It is also recommending support for testing and certification of locally developed stove designs, alongside mechanisms to connect businesses to carbon finance.
According to SyND, combining enterprise financing with technical support and market access would enable young businesses to contribute more meaningfully to Ghana’s renewable energy and clean-cooking ambitions.
The proposals form part of the organisation’s broader call for the implementation of the Renewable Energy Master Plan to deliver not only energy transition targets but also employment and business opportunities for young people.