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HomeStartups & SMEsScrap Bank funds waste recyclers for sustainable growth 

Scrap Bank funds waste recyclers for sustainable growth 

Scrap Bank Africa (SBA) is providing funding support to the recycling industry for the efficiency and sustainability of their operations.

Speaking on the values of the organization, the SBA’s Operations Manager, Yemi Nofiu said, the company’s plan is to end poverty, empower women and girls, and combat climate change and its impacts. 

“All these are crucial issues we are dealing with globally, and particularly in Nigeria today,” he said.

According to him, the organisation is on-boarding waste collectors and aggregators. He said the company also  offers competitive rates, storage facilities, logistics and technology solutions to interested persons. 

The company disclosed that existing small businesses within the waste management industry can also benefit by accessing financial aid, with flexible and unconventional payment plans. Registrations can be done through the company’s website.

“Scrap Bank Africa enables unprecedented efficiency and cost reduction in supply chain, providing total visibility while delivering scraps and recycled products safely, on time and in full. It is a business of The Greenable Company Limited, an Investee Company of Seeder & Ash Capital,” the company said.

A new entrant into the waste management industry, Scrap Bank Africa (SBA) is ready to set new standards by providing end-to-end solutions for a healthier planet, whilst empowering Nigerians.

The company’s services go beyond only recycling, Scrap Bank Africa provides 360-degree services in the African waste recycling industry by supporting waste collectors and aggregators with all-round operations and distribution. These include recycling, warehousing, logistics, technology infrastructure and financing to help them achieve an efficient supply chain framework.

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