76 posts found.
Selected Category: Africa
Why sustainable forestry is good business? Chris Burchmore from FSC® Africa explains
“Sustainable forestry is good business. It shows, for instance, as better planning of operations, financial management, cooperation with local people – and at the end of the day, as better products, too,” says Chris Burchmore, Director of FSC Africa. Deforestation and degradation of forests is a global challenge. According to FAO, Food and Agriculture Organization of […]
Read moreSeptember 28, 2017
Finnfund to provide an additional senior loan facility to Mobisol
Finnfund has provided an additional substantial senior loan facility to Mobisol, following an already provided senior loan in 2016 to Mobisol’s operations in Tanzania, Rwanda and Kenya. This additional funding, granted up to 10 million euros, will support Mobisol’s fast expansion in East Africa, where the company installed nearly 10 megawatts of capacity in those […]
Read moreJuly 11, 2017
Solar brings electric light to Mary’s family
Mobisol sells individual solar systems to rural African households beyond the grid, paid for in low monthly instalments using mobile money. A secured loan from Finnfund is supporting the company’s growth in Africa. The aim is to raise living standards and increase the use of renewable energy. An old gutted Toyota Hiace van sits in […]
Read moreJune 30, 2017
Fuzu matches workers with jobs
It is hard to find a job in Nairobi. Even good qualifications do not open all the doors. The competition is ruthless. There is no shortage of applicants and the number swells by a million each year. Nairobi, full of smart young university graduates, may be Africa’s toughest job market. Sylvia Biwott and Gregory Oyolo are […]
Read moreJune 15, 2017
Finnfund to invest in Ethiopian poultry company – aiming to improve food security and living standards
By producing chicks which will provide eggs and poultry meat, EthioChicken supports families to improve their nutrition and livelihood, particularly in rural areas. Finnfund begins to finance EthioChicken, which aims to improve food security and reduce poverty in Ethiopia. By producing chicks which will provide eggs and poultry meat, the company supports families to improve their […]
Read moreMay 11, 2017
Answers to A-Studio’s claims about Green Resources’s activities in Uganda
On 16 January the Finnish Broadcasting Company (YLE) published an online report about community relations in Kachung, Uganda, where Green Resources has a forest plantation. The same subject was discussed in a programme broadcast by YLE’s A-studio. Green Resources works closely with inhabitants of the area. For example, the company has built several water points […]
Read moreJanuary 16, 2017