May 19, 2020

OCP joined 10th International Trade Fair in Ethiopia

Morocco
Ethiopia
OCP
professo
2 min
OCP joined 10th International Trade Fair in Ethiopia

Morocco’s largest private investor in Ethiopia, OCP Group, has attended the 10th International Trade Fair, held in Ethiopia.

The event span across 26 to the 30 October, with OCP arriving with Morocco as the country of honour.

The fair was organised by the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) and was held in Addis Ababa.

The Moroccan delegation was led by the General Confederation of Moroccan Businesses (CGEM).

OCP has provided the majority of Ethiopia’s supply for adapted fertilizers since 2012, making it one of the countries most valued agricultural partners.

The company has also conducted extensive soil fertility mapping across the country, which has increased the nation’s crop yields by nearly 37%.

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An industrial megaproject was launched by the company in 2016 which led to a strategic partnership between the group and the Ethiopian Ministry of State in order to construct a world-class fertilizer plant.

The megaproject, dubbed the Dire Dewa Fertilizer Complex, will include the production of 2.5mn tonnes of fertilizer per year by 2020, which aims to eventually reach 3.8mn tonnes.

This will enable Ethiopia to be self-sufficient in fertilizer and also create export opportunities.

The investment will also create 1,200 jobs during construction, and 500 permanent jobs when the project is completed and operational.

The project is the second largest facility of its kind in the continent, and represents a total investment of approximately US$2.4bn for the initial phase, and is estimated to rise $3.7bn.

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Jun 14, 2021

5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly

Tapoly
Insurance
Leadership
Digital
Kate Birch
3 min
Heading up Europe’s first on-demand insurance platform for the gig economy, Janthana Kaenprakhamroy is winning awards and leading with diversity

Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.

Here, Business Chief talks to Janthana about her leadership style and skills. 

What do you do, in a nutshell?

I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.

How would you describe your leadership style?

I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.

What’s the best leadership advice you’ve received?

Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.

How do you see leadership changing in a COVID world?

I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.

They say ‘from every crisis comes opportunity’, what opportunities do you see?

The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless. 

What advice would you give to your younger self just starting out in the industry?

Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.

 

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