Qartani collects and recycles plastic waste.
Nigeria’s waste management and recycling industry has great potential. In Lagos alone, only 20% of the estimated 13 million tonnes of waste annually is properly collected. The result is infrastructure clogs, flooding, disease, and an estimated loss of $2.5 billion in potential recycling value each year.
We highlight three entrepreneurs who are capitalizing on waste recycling opportunities in Nigeria.
1. An Opportunity Worth Millions: Exporting Lagos Plastic Waste
Kaltani is an end-to-end plastic recycling business. The company collects and processes waste plastic and resells the recycled material for use in consumer packaged goods packaging and other items. “Nigeria’s plastic recycling market is a $10 billion market,” said Obi Charles Nanna, founder and CEO of Qalutani. “Unlike many companies in the recycling field, Kaltani covers the A to Z chain of plastic recycling: collecting plastic, processing it and reselling it. Many companies cover only one aspect of his I’m just focusing on that.”
“We have buyers not only in Nigeria, but also in Europe, the Middle East, the United States and Canada. Many of our buyers happen to be international companies, but many large local companies are also becoming more conscious and proactive about using recycled materials. We are starting to use it more and more,” he added.read more
2. Entrepreneur turning trash into cash with rubber recycling business
Ifedolapo Runsewe, founder of Freee Recycle in Ibadan, southwestern Nigeria, has started a waste management company that turns discarded car tires into usable products. His Freee Recycle facility, located in an industrial area of Ibadan, can process about 150 car tires per hour, and so far he has processed 250,000 tires. “Our plan is to expand to more than 1 million tires per year. To achieve that, we will need to set up other crushing facilities across the country,” he says Runsewe.
One of Freee Recycle’s main products is rubber tiles, which sell for about $45 per square meter. The company also manufactures mats, paving bricks, marine bumpers, curbs, insulation rolls and other rubber accessories.read more
3. Waste management in Abuja: Businesswoman discovers potential
Olufunto Boroffice, CEO of Chanja Datti, heads the waste recycling company based in Abuja, Nigeria. She returned to Nigeria in her 2014 after living in the United States and working for General Electric Company for many years. The company operates through her three main channels. We purchase waste from local waste pickers and provide collection services to corporate customers such as embassies, hotels, and donors. agents and banks. We recycle plastic waste into semi-processed raw materials for plastic manufacturers. We also recycle LDPE (low density polyethylene) and HDPE (high density polyethylene) into plastic resin and pellets.read more
