African Development Bank Group’s Post

DYK: MSMEs represent 80 percent of Africa's businesses, while the circular economy in Africa has the potential to generate 11 million jobs.   To encourage innovative #CircularEconomy solutions that foster sustainable and inclusive growth, the African Development Bank-supported AfriCircular Innovators Program will provide finance and technical assistance to 30 small and medium enterprises from Cote d’Ivoire, #Ghana and #Rwanda.   Ndintambwe Feeds Limited, a Rwandan company that produces affordable animal feeds using insects and maggots as an environmentally-friendly alternative to soybean and fishmeal, is one of the selected businesses. “As an SME, we face numerous challenges. The biggest ones include limited financial capacity to fully implement our project, and the lack of required skills to sustain a profitable recycling business without harming the environment," said founder, Jean Bosco Nshutiyimana, at a virtual onboarding event.   Koumbem Fatou Emilienne, representative of Siboré Luxury Hair, another beneficiary, said, “Joining AfriCircular's Innovators Program offers a valuable opportunity for Siboré Luxury Hair, aligned with our commitment to sustainability. Through this program, we will benefit from the expertise and resources needed to optimise our production processes, and reduce waste and improve energy efficiency. Financial support and access to cutting-edge technologies will strengthen our production capacity and positive environmental impact.”     Details: https://bit.ly/4fTc8xZ

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Dr. Alpha Grace

CEO/Haute école de la Naturopathie Africaine

1mo

So what is the story!

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