The transition towards a circular economy in Nigeria is gaining significant traction, fueled by the ingenuity and dedication of small and medium-sized enterprises (SMEs) that are moving beyond conceptualization to impactful on-the-ground operations. Recent engagements with dynamic players in this space offer a compelling glimpse into this evolving landscape, showcasing both the diversity of approaches […]
A Collaboration Between Circular Business Platform (CBP), Enterprise Development Centre (EDC) and the Netherlands Consulate. The Circular Business Platform (CBP), dedicated to fostering a solid foundation for circular businesses in Lagos and across Nigeria by offering access to knowledge, business opportunities, networks, and resources, is partnering with the Enterprise Development Centre (EDC) of Pan-Atlantic University, […]
A key aspect of circular procurement is procuring raw materials as inputs for manufacturing… Raw materials are essential for many types of business operations, yet if unchecked can pose significant challenges for sustainability. According to the World Economic Forum, over 90% of global biodiversity loss and water stress, along with approximately half of global greenhouse […]
Circular procurement, the strategic purchase of goods and services that reduce or eliminate waste, is emerging as a key market development approach for the circular economy. In Nigeria, where economic growth is intertwined with the challenges of waste management and resource conservation, embracing circular procurement is not just an environmental imperative but also holds potential […]
With a growing concern for environmental sustainability and resources conservation, circular procurement is an approach to purchasing works, goods and services to reduce reliance on virgin materials, keep materials in use for longer, reduce environmental impacts, promote sustainable business practices, and support businesses which promote circular business models. Asides the other benefits of integrating circular […]