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Building a Circular Nigeria: How Private Sector Collaboration is Transforming Plastic Waste into Opportunity

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Nigeria

Nestlé is the first company in the country to attain any level of recycled PET inclusion, with 50% representing the highest permissible standard under current regulatory guidelines

LAGOS, Nigeria, October 23, 2025/APO Group/ –Across Nigeria’s bustling cities and growing peri-urban communities, the signs of progress are everywhere – expanding markets, rising consumption, and a youthful population driving demand. Yet this growth brings with it a familiar challenge: plastic waste. From busy Lagos streets to the creeks of the Niger Delta, discarded packaging often clogs drains, litters markets, and seeps into waterways, threatening livelihoods and ecosystems alike.

Nigeria generates an estimated 2.5 million tonnes of plastic waste each year, with less than 10% effectively recycled. Across West Africa, more than 80% of plastic waste remains mismanaged, posing risks to public health, biodiversity, and coastal economies. But amid these challenges, a quiet transformation is underway, driven by collaboration, innovation, and policy reform.

Private Sector Leadership: Strengthening the Recycling Ecosystem

The private sector is increasingly at the forefront of efforts to address Nigeria’s plastic challenge. Not only through corporate initiatives but by shaping the systems that make circularity possible.

One of the most notable of these collaborations is the Food and Beverage Recycling Alliance (FBRA), a coalition of forward-looking companies working to accelerate sustainable waste management across the country. Established as the first Producer Responsibility Organisation (PRO) in Nigeria, FBRA plays a pivotal role in advancing Extended Producer Responsibility (EPR) and ensuring that producers and importers of packaged goods take active responsibility for the post-consumer stage of their packaging materials.

Through partnerships with government regulators such as the National Environmental Standards and Regulations Enforcement Agency (NESREA), FBRA is driving the institutionalisation of EPR in Nigeria. Its advocacy and technical support have informed the development of national policies, standard operating frameworks, and recycling models that are now being replicated across sectors.

Driving Impact Together: Private Sector Commitment in Action

FBRA’s strength lies in collective responsibility. Its member companies are not only funding and expanding recovery systems but also building scalable solutions that make recycling work in the real world. Across the value chain, organisations are investing in aggregation networks, supporting collection agents, developing recycling infrastructure, and creating demand for recycled materials, turning plastic waste into economic opportunity for thousands of Nigerians.

One example of this commitment in action is Nestlé Nigeria, a founding member of FBRA, whose investments in community-based recycling and circular packaging innovation are helping shape industry standards.

Nestlé Nigeria: Advancing Circularity Through Collaboration and Innovation

As a founding member of FBRA, Nestlé Nigeria continues to play an integral role in expanding the recycling ecosystem and promoting responsible waste management nationwide.

Since 2019, the organisation has facilitated the diversion of over 61,000 tonnes of plastic waste from landfills through its partnerships with FBRA, recyclers, and local social enterprises such as Chanja Datti, Wecyclers and Maladase Ecopreneur Management Ltd. One of its key initiatives, the Plastic Advantage Programme, empowers 43 mini-aggregators through training, equipment support, and access to stable off-take markets. This approach not only strengthens local collection systems but also enables inclusive economic participation for waste entrepreneurs.

Today, some of the plastics recovered through these initiatives are rechanneled into Nestlé Nigeria’s 50% rPET inclusion project for its water brands – a first-of-its-kind achievement in Nigeria, Nestlé is the first company in the country to attain any level of recycled PET inclusion, with 50% representing the highest permissible standard under current regulatory guidelines. This milestone underscores Nestlé’s leadership in advancing circular packaging solutions, setting a benchmark for the industry while inspiring broader adoption of sustainable practices. Beyond reducing dependence on virgin plastics, the initiative contributes meaningfully to the national circular economy agenda, where waste is transformed into value and innovation supports environmental resilience.

Complementing these efforts is the Nestlé Employee Plastics Collection Scheme, which encourages employees to bring their recyclables to the office for recycling . The initiative drives sustainable behaviour change and allows employees to actively support Nestlé’s vision of a waste-free future. It reflects the company’s belief that true circularity starts from within

Policy, Partnership, and Purpose: The Path Ahead

The progress achieved by FBRA, Nestlé, and other industry leaders underscores a vital truth: sustainability thrives where collaboration exists. Through shared responsibility, clear policy direction, and private-sector investment, Nigeria is gradually building the foundations of a circular economy, one capable of turning plastic waste into social and economic opportunity.

Yet, the journey is far from over. Without sustained action, plastic pollution could continue to outpace growth, threatening the very ecosystems that support communities and commerce. The path forward demands continued multi-stakeholder engagement, stronger enforcement of EPR regulations, and scalable innovations that make recycling accessible to every household.

Nestlé’s experience demonstrates that with commitment and collaboration, meaningful progress is not just possible,  it is already taking shape. What started as focused efforts in waste recovery has grown into a model of shared value creation, where environmental stewardship, business growth, and community development advance hand in hand toward a more sustainable future.

Distributed by APO Group on behalf of Nestlé.

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

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Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

Distributed by APO Group on behalf of Energy Capital & Power.

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Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

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Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

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Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

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Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

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