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NABA with scenario session at COP26
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NABA with scenario session at COP26

At COP26 in Glasgow NABA invited four key stakeholders: Africa Development Bank, Africa Finance Corporation, IHS Markit and KPMG to a conversation about the Energy Scenarios in Africa – ten years ahead.

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The Norwegian Agency for Exchange Cooperation
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The Norwegian Agency for Exchange Cooperation

The Norwegian Agency for Exchange Cooperation (Norec) is an entity under the Norwegian Ministry for Foreign Affairs. We are a centre of competence on international exchange. We finance exchanges of young professionals and volunteers between businesses, NGOs and state entities. The projects are in Norway and 25 countries in Asia, Latin- America and Africa, and is one of the tools of Norwegian Development policy, to give young professionals international work-experience and knowledge of agenda 2030.

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A Message From the Board
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A Message From the Board

As with the rest of the world, NABA’s modus operandi had to change overnight in mid-March. The pandemic has impacted our member community to various degrees. For some, relying on travel and tourism is still a very challenging time – while others have been less affected. For our African partners, the pandemic has brought detrimental economic setbacks, accelerated the use of digital tools – and the foreign direct investments into Africa have dropped by 18 percent in 2020.

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Tschudi Group
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Tschudi Group

Tschudi Group is a Norwegian family-owned company with roots back to 1883. The group builds on its three main commercial competencies; Shipping, Logistics and Offshore Services in order to create joint transport solutions. The group is represented in more than 12 countries, and last year, in the middle of the pandemic Tschudi Group opened their second office in Africa in Maputo, Mozambique. We have talked to Thomas Vestergaard, Managing director of Tschudi Mozambique regarding the companies business venture in Africa.

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EcoPole
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EcoPole

In 2011 Einar Haveland founded EcoPole and started the development process of environmentally friendly poles together with Norwegian investors with support from Innovation Norway and Norad. The idea and vision behind EcoPole were to create poles that did not cause deforestation while being durable enough to overcome the challenges of nature.

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New Podcast: To the Point
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New Podcast: To the Point

Today, we are launching, in collaboration with Nurmara, a new podcast called “To the Point”. The series provides a platform for honest debate about critical issues driving the policy, business and development landscape in Africa. The aim is to get to the point of the core challenges the continent faces, and identify tangible steps towards overcoming them.

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Action Group on Business & Development
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Action Group on Business & Development

Today, 1st of June, NHO and their Action Group on Business & development will present their policy document to Norway’s Minister of International Development, Dag Inge Ulstein. This will take place during NHO/Innovation Norway/Norad’s annual conference on internationalization and development.

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SPEAR Capital
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SPEAR Capital

SPEAR Capital is a Norwegian-backed private equity firm making an impact in Southern Africa. The fund was started on the principle of developing companies through partnerships with leading entrepreneurs and supporting them through a combination of financial support and operational expertise.

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Savanna Metro AS
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Savanna Metro AS

Savanna Metro AS is a Norwegian company founded in 2015 by Torbjørn and Birgitte Henriksen. Savanna Metro AS is working with Ethiopian entrepreneurs on design and production of quality products from leather and textile, initially targeting Norwegian consumers.

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Change Com
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Change Com

We are launching a new mini-series here on NABA’s website where we want our members to get to know each other better. NABA will interview one of our members regarding their business experience on the African continent, and how are they making a difference.

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Trade and the pandemic will shape Africa’s 2021
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Trade and the pandemic will shape Africa’s 2021

“The way African countries have joined forces, both creating a continental free trade area, and in the fight against COVID-19, to me, this is the new Africa - a continent working in solidarity to uplift the wellbeing of its people”, said Dr. Aloysius Ordu, Director of the Africa Growth Programme at the Brookings Institution, when he joined the group of distinguished speakers taking part in NABA and Norfund’s annual “Africa in 2021 - what to expect?”

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Digital NABA-summit with record number of African guests
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Digital NABA-summit with record number of African guests

NABA’s annual Summit took place last week as the virtual Nordic-African Business Webcast, with a record number of African delegates. 50 distinguished speakers, including CEOs, politicians and sector experts, took part in more than 17 sessions focusing on how African – Nordic business communities best can re-connect, re-engage and recalibrate business strategies.

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A message from the board
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A message from the board

As these lines are put on paper, the world is fighting a global pandemic, and African economies will be hard hit. In a year where the African Continental Free Trade Area – the world’s second largest trade agreement - was supposed to kick-off 1st of July, the African continent will rather see most economies slide into recession, for the first time in 25 years. This will affect most members operating in African markets.

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