Tag: American Businesses in Africa

Feds Investigate Oregon Company’s African Rainforest Hardwood Products

Advertisements

By and
Roseburg Forest Products, one of the country’s leading manufacturers of particleboard and plywood, has ended production and sales of certain lumber products in the midst of a federal investigation into whether the wood came from the illegal logging of African rainforests.

U.S. Immigration and Customs Enforcement confirmed to OPB that its Homeland Security Investigations division has an ongoing investigation into illegal imports of okoumé, a wood used for plywood and veneer siding. The Lacey Act prohibits the trade of plants and wildlife taken, stored or transported illegally.

Okoumé hardwood trees grow in the rainforests of west-central Africa, where the deforestation of habitat for endangered species is drawing the concern of conservationists and scientists alike. Okoumé is used in some of Roseburg’s Real Wood Siding products, which are sold by major retailers including Home Depot and marketed as “environmentally friendly.”

Continue reading “Feds Investigate Oregon Company’s African Rainforest Hardwood Products”

Gray Matters Capital Selects Two African Start-Ups for its Digital Self-Learning to Earning Accelerator GMC Calibrator

Advertisements

Gray Matters Capital, a US-based impact investor focused on the funding for-profit social enterprises in markets of Africa, India, Latin America, USA and South East Asia, has announced the names of the start-ups which have made it to the second cohort of its GMC Calibrator Program.

The GMC Calibrator is a Digital Self-learning to Earning Accelerator launched by Gray Matters Capital in April 2018 with an aim to make the mobile phone a device to promote Self Learning to Earning by improving user engagement, monetization and optimization of mobile learning platforms. This is done by understanding and implementing the principles of behavioural science and data driven decision making.

The cohort of March 2019 of the program has two start-ups from Africa – Sierra Leone based Mobile Learning Platform for Financial Inclusion Mosabi and Kenya s leading Parenting Website Mums Village joining seven other start-ups from India and Vietnam.

Continue reading “Gray Matters Capital Selects Two African Start-Ups for its Digital Self-Learning to Earning Accelerator GMC Calibrator”