Kaltani, a clean-tech startup in Nigeria, raises $4m for plastic pollution prevention in Africa

Kaltani, a Nigerian clean-tech plastic waste recycle company, has raised US$4million in seed financing to expand its operations throughout the country.

Engineer Obi Char Nnanna founded this Nigerian company. Kaltani aims to solve Africa’s growing plastic waste crisis by promoting the circular economy and recycling best practices.

A team of 100 employees work at the startup, which has its own collection centres, recycling factories, and offices. The collection centres collect plastic waste, which is then transported to its collection centers for aggregation, processing, and finally taken to its recycling facility. Plastics are hot washed at the factory and then made into PE and PP pellets. These pellets are sold to FMCG companies for their thermoform, packaging, labelling, and fiber applications.

Kaltani’s technology utilises data analytics, predictive analytics, and geo-mapping to ensure transparency and traceability throughout the value chain.

Now, the startup has raised US$4 million in funding. With this round, it plans to open 20 new collection centres and aggregation centers across Nigeria and increase its staff size to over 500. These updates will augment Kaltani’s capacity substantially, allowing the company to recycle up to 15,000 tonnes of plastic waste each year.

“The world has a plastic pollution crisis. Plastic waste is an environmental catastrophe that causes environmental degradation to the oceans, aquatic life, our health, and the air we breathe. The world needs scalable and actionable solutions to plastic waste, as it is expected that the number of plastics will continue to rise. At Kaltani, we have already proven that our solution and model works effectively and efficiently with a thorough A-Z value chain solution, and we are beyond excited to commence our expansion into other parts of Nigeria,” said Nnanna.

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