You would like to venture with your company into West Africa, but you lack the necessary information? Find information on the business environment and on funding and consulting opportunities for your way into the West African market in the publication "New Markets - New Opportunities: Waste Management in West Africa"!
About the publication
"New Markets - New Opportunities: Waste Management in West Africa" is a joint publication by Germany Trade & Invest (GTAI), German RETech Partnership and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, published in May 2022. Below we have compiled important aspects from the publication.
Possibilities for Investment
West Africa is characterized by strong population growth, which is accompanied by a corresponding increase in waste volumes, without the necessary capacities for orderly waste management being built up at the same time. A particular problem in West Africa is the increasing amount of electronic waste and plastic waste. Orderly waste management not only makes an indispensable contribution to climate protection and resource conservation, it is also a prerequisite for hygiene and thus maintaining the health of the population, creates jobs and promotes economic development. German know-how and technology can make a significant contribution to the development of sustainable waste management structures. Germany and its waste and recycling industry are regarded internationally as a role model and offer relevant, proven and competitive solutions due to their technological leadership.
The publication provides an overview of landfills, recyclables and biowaste in the countries of Nigeria, Senegal and Côte d'Ivoire. For more on the economic outlook, visit the GTAI country pages on Nigeria, Senegal and Côte d'Ivoire.
The region at a glance
Rapid economic development, population growth and increasing urbanization in West African countries have led to rising consumption and a dramatic increase in waste generation. For example, about 38 million tons of waste are generated annually in Nigeria, more than 3 million tons in Senegal, and about 6 million tons in Côte d'Ivoire. However, because waste management is still underdeveloped, only about 20% of waste is disposed of in official landfills, most of which do not meet international technical standards. In view of growing waste volumes and insufficient capacities, the modernization of the waste sector, including regulatory frameworks for waste reduction and increasing recycling rates for packaging and plastic waste, is increasingly on the political agenda. So is the construction of landfills. German companies can get involved in particular in the areas of recyclables, biowaste and landfill. As the West African countries listed above have limited funds, financing is increasingly to be provided via PPP (public-private partnership) projects and the awarding of concessions. Greater involvement of the private sector is desired.
Find interesting business opportunities at www.leverist.de
Example of business opportunities in the field of waste management
Your company is active in the field of waste management? Are you interested in African countries as a market? GIZ experts are looking for companies that would like to invest in waste management in Kenya or would like to take advantage of a consulting offer for German waste management companies in Southern Africa. Get in touch directly with the relevant contact persons.
Read more about West Africa and support offers for your company in the sector guide "New Markets - New Opportunities: Waste Management in West Africa".
Hero Image: Sigmund, Unsplash 2022