Goodwell Investments and Alitheia Capital have invested in Hinckley E-Waste Recycling Ltd. to enhance e-waste recycling capabilities in Nigeria, demonstrating a commitment to environmental sustainability and social impact.
Target Company Overview
Hinckley E-Waste Recycling Ltd., based in Nigeria, is a pioneering company dedicated to responsible e-waste management. The award-winning recycler is committed to creating a healthier environment through socially responsible practices. With a vision to safeguard against the pollution associated with electronic waste, Hinckley has established itself as a leader in the industry, recognized as the Best E-waste Recycling Company in Nigeria in 2024 by the Lagos State Environmental Protection Agency and the Waste Management Society of Nigeria.
By sourcing e-waste through a network of local collectors, Hinckley not only focuses on environmental sustainability but also emphasizes social impact by empowering local communities. The company serves reputable clients such as Samsung and HP, playing a crucial role in the electric vehicle and renewable energy sectors by providing them with essential recycled materials.
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Industry Overview in Nigeria
The e-waste management industry in Nigeria is at a critical juncture, facing considerable challenges but also showcasing immense potential. With Nigeria being the largest e-waste producer in West Africa, generating around 500,000 tonnes annually, the n
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