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2024 KCP Application
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Waste Professionals Ltd
Org Type
For Profit
Year Founded
2020
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
Name of Project:
Year Project Originated:
Impact on Underrepresented Groups:
SWANET’s digital platform creates a basis in which waste stream content is traded daily on its payment service bank (PSB) platform. WastePro tracks waste from cradle to grave as waste from generators is on-boarded on our platform till it’s delivered to our confirmed end-buyers in the marketplace. SWANET impacts the planet and people by providing financial inclusion for underserved youths. It provides employment and means of income for 856 college dropouts and indigent youths and women as a platform to engage in waste collection is created in low-income neighborhoods that are never provided service. The platform thus replaces the use of open dumpsites which causes environmental pollution as it has the potential of removing 568,460.01 tons of CO2 equivalent/annum from the six(6) LGA of Ibadan Municipality where the initiative shall be initially engaged in the communities. SWANET has the potential to onboard 1,093,000 subscribers in Ibadan, Nigeria, and expects its customer base to reach 39,348,000 within 10 years. With the potential to trade 4kg of waste content (plastics, paper, glass, tin/metal, and organics) at an average of N50/kg, we create the potential for the movement of 4,372,000 kg of waste an equivalent of N218.6million (US$0.336million) daily.
Website:
http://www.wcpafrica.com
Mission Statement:
To engage superior waste collection and utilization technologies in the SWM sector of Nigeria and the Sub-Saharan regions.
Link: LinkedIn:
https://www.linkedin.com/company/91342828/admin/?lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3BZNNjR8q3RIGn9%2FaMY5aCyQ%3D%3D