Africa: Eight More Nations Pledge New Circular Economy Roadmaps
[African Development Bank (AfDB)] The African Circular Economy Fund, a multi-donor trust fund administered by the African Development Bank Group, is expanding its reach to eight additional nations supporting the creation and launch of national circular economy roadmaps. This second cohort enhances a program that continues to demonstrate how the integration of circularity into public policy, can…
The African Circular Economy Fund, managed by the African Development Bank Group, has expanded its initiatives to eight new African nations with plans for circular economy roadmaps. This second phase of the National Roadmaps for the Circular Economy (NCER) program includes Angola, Liberia, Madagascar, Senegal, Benin, Chad, Ethiopia, and Mauritius.
Each nation will develop its roadmap, identifying priority sectors, aligning institutional efforts, and tailoring strategies to local productive structures. The African Circular Economy Fund, alongside the African Circular Economy Alliance, provides technical assistance to establish a supportive policy and institutional environment.
The continent faces an annual development financing gap of over $400 billion, and circular economy roadmaps can help countries leverage their domestic productive capacities and transform priorities into investment opportunities. This approach directly mitigates the structural loss of value from exporting unprocessed natural resources, hindering industrialization and limiting local job creation.
Written by urgent.news from AllAfrica's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
