Recyclable waste collector WeCycle secures US$3m investment from Inside Capital

MAURITANIA – Inside Capital, an independent private equity manager, has invested US$3.1 million in the Mauritian recyclable waste collector company WeCycle, to drive its local and regional expansion. WeCyle’s core business consists of collecting paper and cardboard for export to recycling companies in India, Indonesia, South Korea and Madagascar. Inside Capital’s investment will support WeCycle to substantially expand its waste collection capabilites over the next three years. Furthermore, this investment will provide the company with the means to install paper and carton waste recycling facilities in Mauritius, transforming paper waste…

Read More