The IFC – International Finance Corporation has provided Averda with a $30 million loan to support sustainable waste management in the Middle East and Africa. This loan is supporting the construction of a new plastics recycling plant in South...
International Finance Corporation (IFC) is providing a $30 million loan to Averda, one of the largest privately-owned integrated waste management companies in Africa and the Middle East. The ground-breaking agreement will help deliver...
Last year saw the UK government call on all businesses to sign up to the globally recognized UN Race to Zero Climate Commitment, by pledging to go One Step Greener during COP26. With 45% of global greenhouse gas emissions coming from the way we...
With the third wave of the pandemic now in full effect, healthcare facilities and staff are having to manage growing quantities of hazardous medical waste in addition to their life-saving medical work. While bigger health facilities generally have...
Averda, a leading waste and recycling company operating across the emerging world, is pleased to have concluded a successful refinancing of its $148m term loan, including a $30m Green Loan from syndicate leader HSBC. Green lending refers to a...
One of the biggest changes last year was how businesses globally re-evaluated their approach at facilitating their cleaning and hygiene regimes, including revision of waste management activities and protocols. This was due to the Covid-19 pandemic...
As the first high-hazardous landfill to be constructed in Vereeniging, Gauteng, in 24 years, Averda’s Vlakfontein Class A landfill has been built to the latest local and international standards. From planning through to operation, the Averda team...
With Africa’s municipal solid waste expected to double by 2025, the country’s waste sector is characterised by both threats and opportunities. The United Nations Environment Programme (UNEP) report states that 244 million tonnes of municipal solid...
