Stanbic Bank Ghana Ltd. has stepped up its push for sustainable development with the launch of its Solar and Electric Vehicle (EV) Finance Solution, a new financing initiative designed to make clean energy and sustainable transport more accessible to households, businesses and institutions across the country.
The solution forms the centrepiece of the Bank’s newly launched ‘Be Powered’ campaign, which seeks to accelerate the adoption of renewable energy technologies and electric mobility while addressing one of the major obstacles to Ghana’s green transition: access to financing.
As demand for alternative energy sources and cleaner transport options continues to grow, the initiative positions Stanbic Bank to support individuals and enterprises seeking to reduce their reliance on conventional energy sources and invest in more sustainable operations.
The campaign also reinforces the Bank’s commitment to sustainability and aligns with Standard Bank Group’s “Think Green. Go Blue.” agenda, which promotes Africa’s transition towards a more resilient and sustainable future.
Stanbic Bank Targets Ghana’s Green Financing Gap
Despite growing interest in solar energy and electric vehicles, the cost of acquiring and installing these technologies can discourage potential users. Households may struggle to finance solar installations, while businesses face significant upfront expenses when considering renewable energy systems or electric vehicle fleets.
Stanbic Bank believes that improving access to financing can help remove some of these barriers and encourage wider participation in Ghana’s transition towards cleaner energy.
Through its Solar and EV Finance Solution, the Bank is providing tailored financing to support individuals, businesses and institutions interested in investing in sustainable energy and transport technologies.
The initiative comes at a time when energy reliability, operating costs and environmental sustainability are increasingly important considerations for businesses. Companies that depend heavily on conventional power sources may face pressure to explore alternatives that offer greater efficiency and help manage long-term energy expenses.
Solar power can provide households and businesses with an alternative source of electricity, while electric vehicles offer an option for organisations seeking to modernise their transport operations.
However, the extent to which these solutions can gain wider acceptance will depend partly on whether prospective users can obtain financing suited to their needs and repayment capacity.
Stanbic Bank’s latest initiative seeks to address that challenge by bringing financing and advisory support together under a coordinated sustainability campaign.
Dinah Kaleo-Bioh Highlights Sustainable Growth Agenda
Speaking at the launch, Head of Business & Commercial Banking, Dinah Kaleo-Bioh, emphasised the importance of ensuring that Africa’s economic progress is supported by sustainable and inclusive solutions.
“At Stanbic Bank, our purpose is clear: Africa is our home, and we drive her growth. We believe that Africa’s growth must be powered by solutions that are sustainable, inclusive, and capable of creating long-term value. Through our Solar and EV Finance Solution, we are providing practical support to help individuals and businesses participate in Ghana’s transition towards cleaner energy and sustainable mobility.”
Dinah Kaleo-Bioh
Her remarks place the financing solution within a broader ambition to connect economic growth with investments that can deliver lasting benefits.
Access to appropriate financing could help businesses consider solar installations without having to fund the entire investment from their existing cash resources. Similarly, individuals and institutions exploring electric mobility may find it easier to assess their options when financing is available to support the initial purchase.
The potential benefits extend beyond individual customers. Wider investment in renewable energy and sustainable transport could help strengthen energy security, improve business resilience and support economic activity.
Nevertheless, the impact of the initiative will ultimately depend on the accessibility of its financing terms, customer awareness and the practical ability of borrowers to adopt and maintain the technologies they acquire.
‘Be Powered’ Campaign Seeks to Turn Interest Into Action
Stanbic Bank is also seeking to change how Ghanaians perceive renewable energy and sustainable mobility through its ‘Be Powered’ campaign.
Head of Brand & Marketing, Chidinma Braye-Yankee, described the initiative as an effort to move sustainability discussions beyond awareness and towards practical action.
“Be Powered is an agenda that seeks to inspire awareness, adoption and action. We recognise that while interest in sustainability continues to grow, many people still view renewable energy as complex or inaccessible. This campaign is designed to educate, empower and demonstrate that sustainable solutions are achievable today.”
Chidinma Braye-Yankee
The campaign recognises that financing alone may not be enough to accelerate adoption. Potential customers also need information about available technologies, their suitability for different needs and the potential benefits of making the switch.
By raising awareness and demonstrating the accessibility of sustainable solutions, the Bank hopes to encourage more households and businesses to consider investments that might previously have appeared too expensive or technically complicated.
Braye-Yankee further explained the broader ambition behind the campaign.
“Be Powered is about empowering individuals and businesses to embrace the future with confidence. It is about powering homes, powering businesses, powering innovation and ultimately powering growth.”
Chidinma Braye-Yankee
The emphasis on education and empowerment suggests that Stanbic Bank intends the campaign to serve as more than a financing product launch. It is also an attempt to encourage a change in investment decisions and consumer behaviour.
Banking Support Could Accelerate Green Investment
The campaign brings together Stanbic Bank’s Business & Commercial Banking, Corporate & Investment Banking, and Personal & Private Banking teams to support clients across different segments with financing and advisory solutions.
This coordinated approach could help address the varying needs of households, small and medium-sized enterprises, larger companies and institutions seeking to incorporate sustainability into their operations.
For businesses, investments in solar energy and electric mobility may form part of longer-term strategies to manage operating costs, improve efficiency and strengthen resilience. Households, meanwhile, could explore renewable energy as an alternative means of meeting their electricity needs.
Yet Ghana’s green transition will require more than growing interest in sustainable technologies. Financing accessibility, reliable equipment, technical expertise and customer confidence will all influence the pace of adoption.
Stanbic Bank’s initiative therefore arrives with an opportunity to connect sustainability ambitions with practical investment decisions.
Ghana’s Green Future Depends on Wider Adoption
Through ‘Be Powered’, Stanbic Bank is encouraging Ghanaians to embrace sustainable solutions that create value today while contributing to a better future for generations to come.
The launch represents a further effort by the banking sector to support investments that link commercial opportunities with environmental sustainability.
Whether the campaign achieves its broader ambitions will depend on how effectively its financing and advisory solutions translate into actual investments in solar energy and electric vehicles.
As households and businesses weigh the costs and benefits of cleaner technologies, accessible financing could play an important role in turning interest into implementation.
Stanbic Bank is positioning its new solution to support that shift, with the ultimate objective of making sustainable energy and mobility a more attainable part of Ghana’s economic future.
