Springboard Afro-Nordic Business Platform has signed a Memorandum of Understanding with business financing provider Ovamba and to structure an investment fun for Finnish/Nordic SMEs.
Once the mechanism is established, it will provide an investment fund to give Nordic firms access to financing for entry into African markets. The fund will pool resources from a variety of investors, with Ovamba acting as the local partner in Africa.
Springboard will act as the facilitator in Finland and will be the contact point for potential applicants from Finland and the Nordics. Stay tuned for further updates on the progress of this exciting partnership!