Here’s how this Finnish financier is helping African companies weather COVID-19 crisis

Finnfund, a Finnish investment firm, recently completed negotiations with Kasha, a company providing access to health products via e-commerce, amidst the backdrop of the COVID-19 crisis wreaking havoc on the global economy. In a recent interview with CNBC Africa, Investment Manager, Johanna Raehalme, shed light on the firm's selection process and commitment to continuing operations despite the challenges posed by the pandemic. Raehalme highlighted the importance of investing in companies that not only have a strong financial standing but also make a positive impact and are sustainable in the long run. She emphasized the firm's dedication to supporting healthy companies through the crisis and discussed the various sectors they are actively involved in, including agriculture, renewable energy, and education. Despite the economic repercussions of COVID-19 potentially prolonging the recovery process for many African economies, Raehalme expressed Finnfund's continued commitment to investing in the region. With plans to invest nearly 300 million annually and actively engage with companies in sub-Saharan Africa, the firm remains steadfast in its mission to support and finance businesses in East Africa and beyond.