Inspiring Leadership & Sustainable Business Transformation in Africa
SENEGAL – The Ministry of Foreign Affairs in Finland is making preparations to expand and strengthen the network of Finnish missions abroad, with opening of a new embassy in Dakar, Senegal. The embassy would start operations at some point later this year. In September 2020, Finland reopened its embassy in Manila, the Philippines. In addition to Dakar, Finland is currently…
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EAST AFRICA – TradeMark East Africa (TMEA) and Finland have signed a three-year agreement to revive and boost trade in the region following a decline caused by Covid-19 restrictions. The US$13 million fund is aimed at supporting initiatives along the Northern Corridor that stimulate economic activity. The agreement was signed at the Kenya Ports Authority headquarters in Mombasa on by…
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AFRICA – OP Finnfund Global Impact Fund I, a Finland based fund, has raised €76 million (US$86 million) in its first round of funding, attracting various institutional investors targeting significant sustainability impacts in addition to profits. Finland’s Church Pension Fund, Security Trading Oy, Oy Julius Tallberg AB, the Finnish Industrial Union, the Finnish Municipal Foundation, the Finnish Red Cross, OP…
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GERMANY – BASF, a global leader in Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions has unveiled a new battery materials production site in Schwarzheide, Germany. The German chemical company which is the second largest chemical producer in the world said that the new plant was part of its multi-step investment plan to support the European…
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