Jospong Signs 1Billion USD MOU With EKI Energy on Carbon Credit

The Jospong Group of Companies (JGC) has inked a a mouthwatering Memorandum of Understanding (MoU) with EKI Energy Services Ltd, setting sights on catalyzing carbon credit development in Ghana.This strategic collaboration aims to mobilize an impressive USD1 billion in carbon credit financing, with a commitment to creating over a 1000 job opportunities by 2030 across Ghana and West Africa.Under the terms of the agreement, EKI will provide JGC with essential technical assistance for the successful implementation of the project.

Speaking at the signing ceremony in Accra on Tuesday, he expressed confidence in EKI Energy's expertise and leadership in climate change, emphasizing their role as the ideal partner for this venture."We are partnering with EKI Energy because of their experience, so they can hand-hold us and propel strong development in the sector," Dr.

Agyepong stated.In a commitment to nurturing future leaders in climate studies, Dr.

Agyepong announced the provision of scholarships for 10 individuals interested in pursuing studies in climate change this year.Chief Executive Officer of EKI Energy Services Limited, Mr.

With a track record of supplying over 200 million offsets, he emphasized his company's technical knowledge and experience to deliver on their mandate.Witnessing the ceremony, Dr.

He applauded JGC and its Chairman for the bold initiative in investing and leveraging possibilities in the climate change space."This is one of the legacies of President Akufo-Addo, who has championed private sector participation in the climate change arena," Dr.

With over 15 years of experience, EKI is a market leader in climate change, carbon offset solutions, and carbon asset management, operating in 16 countries with over 3500 clients worldwide and in this collaboration with the JGC.