Author: Monah Anthony

Hamburg-based chemicals distributor Biesterfeld has announced an expansion of its long-standing collaboration with Eastman, a global specialty materials company. Effective immediately, Biesterfeld is authorised to distribute Eastman’s coatings and inks product portfolio across Southern Africa, operating through its local presence Aerontec. The distribution agreement covers South Africa, Zimbabwe, Zambia, Mozambique, Eswatini, Namibia, Malawi and Botswana. 

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With its long effort to drive down African sovereigns’ borrowing costs by enhancing their bonds’ liquidity having now delivered Europe’s first exchange-traded fund in the asset class, the Liquidity and Sustainability Facility and its partner L&G, the giant UK asset owner and manager, hope their new vehicle can reach a size of US$500m or even…

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