Coliba launches container-based collection kiosk in Cote D’Ivoire

Coliba Container

Frankfurt (Germany) and Abidjan (Cote D’Ivoire), October 2020. GreenTec is very pleased to report that our Cote D’Ivoire-based portfolio company Coliba has deployed their first plastic collection kiosk in Abidjan. The container-based plastic collection point expands on the company’s current model of collection with agents.

Coliba founders with container
Coliba co-founders Yaya and Genesis by their first kiosk in Abidjan.

Coliba applies circular economy principles to the collection and recycling of PET plastics in Cote D’Ivoire tackling the global problem of plastic waste. The company uses an innovative app that allow users to collect and trade bottles in exchange for airtime and fast-moving consumer goods coupons. The company then cleans and processes the bottles into flakes and pellets to be resold to industrial plastic producers. The addition of kiosk collection points expands the company’s reach and will allow more citizens of Abidjan to participate in recycling actively and conveniently. The kiosks will contain equipment to prepare PET plastics for further processing as well as provide additional jobs. Coliba plans to expand their collection kiosks beyond Abidjan shortly throughout Cote D’Ivoire and further contribute to sustainable solutions to combat plastic waste.

GreenTec is happy to be supporting Coliba in diversifying its collection steams and expanding recycling access in West Africa. The new kiosk model offers a novel and scalable solution that will expand the company’s social and environmental impacts. Following on recently being shortlisted for the Growth Stage Impact Ventures (GSIV) for Sustainable Development Goals (SDGs) initiative, Coliba continues to make impressive progress and exemplifies the successful combination of innovation, technology, and impact that we love to see. Check at the Coliba Website and Android app available in the Google Play Store

 

Links

Other Posts

Amitruck raises $4 million for scaling into Uganda and Tanzania

Frankfurt (Germany) and Nairobi (Kenya), February 2022. GreenTec Capital is very pleased to report that Amitruck, our Kenya-based logistics-tech portfolio company, has closed a US$4 million seed round. Amitruck will use the funds to bolster its operations, technical, and sales teams supporting its expansion in East Africa. The funding round was led by Better Tomorrow…

read more

Boreal Light begins project to provide 100% of Zanzibar’s water with renewable energy

Berlin (Germany) and Stown Town (Zanzibar), February 2022. GreenTec Capital is very proud to report that Boreal Light has begun work on their most ambitious project to date, providing 100% of Zanzibar’s water powered by renewable energy. On February 12th, the company broke ground on a water desalination plant at the Mnazi Moja Hospital in…

read more

PowerStove Wins US $100,000 in AllOn/USADF Off-Grid Energy Challenge

Frankfurt (Germany) and Abuja (Nigeria), January, 2022.  GreenTec is very pleased to share that PowerStove, its Nigeria-based cleantech portfolio company, is among 13 lucky African start-ups to win US $100,000 in an off-grid, energy challenge.   The annual challenge was hosted and founded by the United States African Development Foundation (USADF) in partnership with All On. …

read more