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Africa moving towards circular economy …Ghana included
• Large Lego blocks used for modular
The circular economy progresses in Africa and old traditions now serve a sustainable future.
Finnish companies boost positive development – and come across surprises along the way.
To build affordable, ecological houses that last a hundred years. To use recycled materials as raw materials and to create jobs and new business.
The vision of the Ylöjärvi-based company Block Solutions sounds almost like a circular economy utopia. Still, it is realistic.
“There is a shortfall of 50 million apartments in Africa and shocking amounts of difficult-to-recycle polyethylene terephthalate (PET) plastic waste everywhere. We put it to good use,” Mr. Markus Silfverberg, the founder of Block Solutions said.
The company has developed an injection moulding technique for manufacturing building modules that look like large Lego blocks and are made of recycled plastic and organic fibre, an industrial by-product. With a rubber mallet and a ring spanner, anyone can build a 50-square-metre house.
However, what the company sells to Africa is not modules or houses but factories. The first modules outside Finland were manufactured in Accra, Ghana, in April 2022. Now, production has also been launched in Egypt and Indonesia.
“Exporting building modules from Finland would not be sustainable. That is why production must be local,” Mr. Silfverberg said.
The company’s point is to use local raw materials. There will be no lack of them – plastic bottles and other plastic waste are known to be a difficult environmental problem throughout Africa. Co-operation is being initiated with Danone and many other companies using plastic packaging.
In addition to plastic, the company has used sugarcane, rice husk, hemp, bamboo and various sustainably grown tree species, among other things, as the modules’ raw materials.
By Jussi Laitinen
[The writer (Jussi Laitinen) is an award-winning author, journalist and communications expert in Finland]
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We have built enough buffers to pay all DDEP obligations – Finance Minister Ato Forson
Finance Minister Dr Cassiel Ato Forson has assured banks that the government has built sufficient financial buffers to meet all Domestic Debt Exchange Programme (DDEP) obligations this year.
Speaking at a high-level meeting with over 22 Managing Directors of banks, he reaffirmed the government’s commitment to fiscal responsibility and restoring confidence in the financial sector.
“We do not intend to default,” Dr. Forson declared.
“All outstanding holdouts have been paid, and we have put in place the necessary buffers to ensure that every single DDEP obligation for this year will be met.”
The Minister explained that these buffers were created through fiscal discipline, strategic investment cuts, and prudent resource allocation.
As part of this approach, the government has reset goods and services expenditure to 2023 levels and is working to achieve a primary surplus of 1.5% to sustain economic stability.
He also announced plans to submit a fiscal responsibility rule to Parliament, which will set a debt ceiling that the Ministry of Finance cannot exceed.
This measure aims to prevent excessive borrowing and reinforce financial discipline.
Beyond ensuring timely DDEP payments, Dr Forson revealed that the government is taking deliberate steps to reduce reliance on the Treasury bill market.
By improving coordination between fiscal and monetary policies, the government aims to stabilize interest rates and ease liquidity pressures on the banking sector.
Source: Myjoyonline.com
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NSA commences President Mahama’s ‘Nkoko Nkitikiti’ vision
President Mahama’s Vision in Progress as the National Service Authority has received 10,000 “Nkoko Nkitikiti” (Day Old Chicks ) earlier this morning.
Their ongoing 100,000 Poultry infrastructure will be receiving 10,000 Day Old Chicks every few weeks until they hit their 100,000 mark for Broilers at a site in NSA Demonstration farm in Accra.
NSA is working assiduously nationwide with partners to put the infrastructure in place for hundreds of thousands of Poultry Capacity for Broilers in clusters.
Egg production is also top of their agenda in separate projects. NSA is currently putting in place the infrastructure that will receive thousands of layers in President Mahama’s quest to bring down the cost of eggs.
They expect to expand their poultry capacity base in furtherance of President Mahama’s vision to reduce the importation of poultry products and create employment
