bolu - scrapays

Orange Corners Nigeria’s Scrapays secures Catalyst Fund investment

Exciting news from Nigeria! Orange Corners Nigeria and Orange Corners x Forward·Inc Alumni Accelerator participant Boluwatife Arewa and his Scrapays waste warriors have secured an investment from the Catalyst Fund. Many congratulations Bolu and team, we couldn’t be happier for you.

Managed by BFA Global, since 2015 this global accelerator has backed over 60 companies across 15 emerging markets. Their mission? To support entrepreneurs who use technology, finance and data innovation to tackle the biggest challenges and opportunities of our time.

Why they decided to invest in Scrapays?

As pioneers in enabling micro-entrepreneur-driven waste management, Scrapays is integrating the informal sector through technology instead of competing against it. Scrapays productises and coordinates the existing ecosystem of waste workers, consumers and recyclers to responsively meet urban material recovery needs. At an immense city scale, their asset-light approach unlocks household inclusion and youth livelihoods not possible through capital-intensive alternatives.

Catalyst Fund

Read the full article here.

Scrapays – training waste agents
Kingdom of the Netherlands