A Nigerian waste management start-up has won the King Baudouin African Development award with a prize money of €200,000!
The King Baudouin African Development Prize rewards outstanding contributions made by individuals or organisations in the area of development in Africa.
WeCyclers, founded by Bilikiss Olawale Adebiyi, is a waste management firm based in Lagos.
According to media reports, the King Baudouin Prize (over 80 million naira) will help WeCyclers to develop further their business and increase their impact at national and international level.
“We are proud to grant WeCyclers for their unique model”, said Hervé Lisoir from the King Baudouin Foundation.
“We selected the enterprise out of 200 applications for its innovative approach to engaging the community turning recycles into an economic driver for communities and turning citizens into agents of change.”
Olawale Adebiyi, CEO of WeCylcers, said, “Giving back to the community is in the DNA of WeCyclers. We want to expand our business to other neighbourhoods. In the mid-term, we want to be big enough to build our own recycling plant. Growing more for WeCyclers means being able to give back even more to the community.”
With current growth projections, WeCyclers aim to collect 5k tons of recyclables by 2020 and could be serving 500k households by 2023!