Africa debuts the first corporate circular economy bond

From the newsletter

The African continent has made history with its first corporate plastic- and carbon-linked bond driving investment into circular solutions. Nigeria-based clean-tech and waste-management company Kaltani has partnered with three local firms and an international development finance organisation to channel private capital into plastic recovery and carbon-reduction projects. 

• The multi-million-dollar bond links financial returns to verified environmental outcomes, making circular-economy projects, traditionally dependent on grants or pilot funding, bankable and investable.

• By connecting returns to tangible sustainability results, the bond could unlock broader private-sector participation, signalling that African projects are ready for mainstream investment.

More details