Mini-snapshots
WHY CIRCULAR ECONOMY IN AFRICA
ABOUT US
The African Circular Economy Alliance (ACEA) and the Africa Circular Economy Facility (ACEF) stand together as the dual forces working on accelerating the circular transformation in Africa.
ACEF is the sole multi-donor trust fund dedicated to mainstreaming circular economy in Africa established by the African Development Bank Group to unlock the numerous opportunities of circularity for Africa
ACEA is a government-led network championing circular economy in Africa to foster sustainable growth and development across the continent. The African Development Bank hosts the ACEA’s Secretariat.
WHY is it urgent to ACCELERATE CIRCULAR TRANSFORMATION IN AFRICA?
The Triple Planetary Crisis
Media advisory
At the core of the Triple planetary crisis - climate change, biodiversity loss and pollution - is overconsumption : Global natural resource extraction has risen threefold in the last 50 years due to infrastructure expansion and high material consumption
In Africa, this is not a distant threat, but a dire reality, calling for an urgent circular shift
A GLOBAL IMPERATIVE
With a population projected to hit 2.5 billion by 2050 and urbanization racing ahead, the continent's energy and resource decisions will resonate worldwide:
if Africa hits emission rates like Egypt's or Botswana's today—by 2060, it could reverse the progress made elsewhere, potentially negate a 60% cut from China's current emissions
UNLOCKING AFRICA’s POTENTIAL
Africa is brimming with potential that a transition to circularity can unleash
Discover the advantages of a circular economy for Africa below
In Africa, each initiative, each dollar invested towards circularity contributes to :
- 60 %
in Greenhouse
gas emissions by 2030
11
million
of new jobs in Africa
$ 66
Clients
of Economic Growth, equivalent to 2.2% of Africa’s GDP ($ 3 trillion in 2023)
billion
16 SDG
out of the 17 positively impacted
Access to the
worth global circularity market
83 k GWh
of electricity annually
produced from waste-to-energy projects only
$ 526
million
₹21Cr
Net Income
2,534
Clients
THE YOUNGEST
POPULATION IN THE
WORLD
A unique opportunity for innovation,
entrepreneurship, and sustainable
industrialization
KEY GLOBAL
SUPPLIER OF RAW
MATERIALS
with the potential to revolutionize the material supply chains
AFRICA IS STILL
DEVELOPING AND
CAN SKIP HARMFUL
DEVELOPMENT
STAGES
Africa's Circular Assets: Catalyzing Sustainable Transformation
critical minerals
Localizing mineral production for the energy transition will slash global demand and carbon footprint while fueling Africa's economic and manufacturing growth.
Investment in recycling and remanufacturing, particularly for renewable energy equipment and infrastructure will unlock Africa's green industrial potential -spurring job creation, revenue, and significant emissions cuts.
5 big bets
The five industries that offer immediate opportunities for increased circularity in sectors that will improve the economy, jobs, and the environment in Africa in the long term
FOOD SYSTEMS
FOOD SYSTEMS
BUILD ENVironment
BUILD ENVironment
PACKAGING
PACKAGING
ELECTRONICS
ELECTRONICS
TEXTILE & FASHION
TEXTILE & FASHION
More on the 5 Big Bets here
Communications / Media inquiries
- Ms. Davinah Milenge
d.milenge@afdb.org
ACEA Secretariat
Ms. Aina Andrianalizaha
Principal Programme Coordinator
h.andrianalizaha@afdb.org
acea.secretariat@afdb.org
- Ms. Elisa Luotonen
e.luotonen@afdb.org
www.aceaafrica.org
ACEF Coordinator