VILLE SKINNARI: Finland aims to be part of SA’s innovation economy

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As a long-term trading partner, the EU country is keen to share its experience and expertise, accumulated over decades in the sector

Finland recognises that SA is number one in innovation in Africa and intellectual property rights protection is regarded as the second best in Africa. It is not a secret that SA is fast becoming the technology hub in Africa and has a growing ecosystem in the tech sector ranging from technical expertise to finance.

Partnering in the fourth industrial revolution through 5G technologies will have transformative outcomes to employment growth, especially among the youth. It also promotes income growth and the reduction of pollution and greenhouse emissions. All in all, 5G will propel sustainable green transformation on industry verticals and society at large.

Finland and SA both strive for a better and more sustainable future. We Finns have the world’s most ambitious climate target: the aim is to be climate neutral by 2035 and be the world's first fossil-free welfare society. There is no single solution to tackle the current global energy, food or climate crises, or to decarbonise energy systems affordably and at scale. In Finland we have found that a combination of wind, and/or solar, energy storage and flexible balancing engines are the best forms of power generation. The reforms around energy in SA are vast and much has already been achieved.

 

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