Starting on April 16, Helena Norrman has been appointed as EVP & Head of Group Communications, a newly created role in the company’s Group Executive Committee. Helena will oversee SSAB’s communication strategies and operations and will be responsible for communication at SSAB. SSAB developed SSAB Fossil-free™ steel with the intent to reinvent the value chain […]
CleanMax, a Brookfield-supported renewable energy provider, has secured USD 27 million in long-term credit from HSBC [1] to fund and develop 92 onsite solar assets in the UAE. These projects will be implemented across various industrial sites, malls, schools, and universities. The financial agreement includes an additional uncommitted AED 37 million (USD 10 million) to […]
Lesotho’s King Letsie III has embarked on an ambitious mission [1] at the World Economic Forum in Davos, Switzerland, to promote his country’s green energy initiatives. Lesotho is a landlocked mountain kingdom in Southern Africa. King Letsie III urged global business and political leaders to invest in Lesotho’s renewable energy projects at Davos. In an […]
Russian coal and steel producer Mechel, sanctioned by the United States a year ago, has agreed on a new debt restructuring as low coal prices and high interest rates put pressure on its payment schedule. Russian companies and lobby groups have raised concerns over soaring interest rates, which closed the year at a steep 21%. […]
A delegation from the American Apparel & Footwear Association (AAFA) and the Fair Labour Association (FLA) met with representatives of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to discuss workers’ rights in Bangladesh’s ready-made garment (RMG) sector. The BGMEA stated that the visit aimed to strengthen US-Bangladesh partnerships within the RMG industry. The meeting, […]
During the 2025 World Economic Forum [1] in Davos, Egyptian Minister of Planning and Economic Development, Rania Al-Mashat, and Samaila Zubairu, CEO of the Africa Finance Corporation (AFC), held a significant meeting to discuss renewable energy investments. As co-chairs of the Mobilising Investment for Clean Energy in Emerging Economies (MICEE) network, they focused on mobilizing […]
Shein, a global online fashion retailer, announced the launch of the Shein Foundation, a new philanthropic arm dedicated to creating inclusive and sustainable communities. In celebration of its debut, the foundation has donated €5 million (US$5.3 million) to the Africa Collect Textiles (ACT) Foundation, which will fund a pilot project in Kenya that aims to […]
