African Development Bank Group launches circular economy facility

Person sorting drinking bottle lids in assorted colours

The Board of Directors of the African Development Bank has approved funding of €4 million to establish an African Circular Economy Facility. The Facility will focus on three strategic areas: institutional capacity building to strengthen the regulatory environment for circular economy innovations and practices; providing support to the private sector through a business development program; and providing technical assistance to the African Circular Economy Alliance. Learn more about how the facility aims to drive integration of the circular economy into African efforts to achieve nationally defined contribution targets.

Photo by Krizjohn Rosales