This session gathers private sector experts to discuss how to scale up private financing for the circular economy in Africa. Many African circular start-ups and businesses struggle with initial financing, so the session explores paths to unlock capital flows to accelerate the circular transition. Finally, the session states what is clear: the current capital flows to sustainable business and circular ventures are still just a drop in the ocean compared to what is needed for the circular transition.
Organisers: African Development Bank Group, African Circular Economy Facility, UN Environment Programme, Ellen MacArthur Foundation, African Circular Economy Network and Global Green Growth Institute.
Watch the session recording with English captions:
Watch the session recording with French captions and interpretation:
Moderator
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Steve Kisakye
Global Managing Director, Dalberg Implement
Opening remarks
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Aissa Toure Sarr
Country Manager, African Development Bank
Video: Tools for circular economy financing
Panel: How to free up financing for the circular economy in Africa
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Abel Boreto
Associate Investment Director, Novastar Ventures
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Solape Hammond
Special Adviser to Governor on SDGs & I, Lagos State Office of the SDGs and Investments
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Jonathan Ikeolumba
Managing Partner, Officelord Consulting Services
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Ada Marmion
Director Partnership, Africa Enterprise Challenge Fund (AECF)
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Koen Rademaekers
Chair, ACEN Foundation and CEO, Trinomics
World Bank’s ambition on financing circularity
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Valerie Hickey
Global Director, Environment, Natural Resources and the Blue Economy (ENB), The World Bank
Dialogue on institutions’ role in catalysing private finance for the circular economy
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Dora Cudjoe
Senior Operations Officer, Climate Investment Funds
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Philipp Horn
Head of Circular Economy Division, European Investment Bank (EIB)
Closing remarks
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Steve Kisakye
Global Managing Director, Dalberg Implement