Connect with us

Business

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

Published

on

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.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

Published

on

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

Continue Reading

Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

Published

on

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

Continue Reading

Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

Published

on

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

Continue Reading

Trending

Exit mobile version