RecyclePoints

Startup
Summarized by Halo AI

RecyclePoints is a Nigerian waste recycling and social benefit venture that motivates consumers to recycle by operating a point-based incentive model, where everyday waste is collected and exchanged for rewards such as household items and cash.

Founded & HQ
Lagos, Nigeria
Company size
11-50 employees
Funding
~$230K
IP status
2 grants confirmed
Activity highlights
Emerged as first runner-up in the global Chivas Venture competition, securing $200,000, and partnered with the Mastercard Foundation to implement Project DORI in Nigeria.

RecyclePoints is a Nigerian waste recycling and social benefit venture that encourages post-consumers to recycle by transforming everyday waste into valuable resources. The company operates a unique point-based incentive model, collecting recyclable materials such as PET plastic bottles, used beverage cans, glass bottles, and paper products. These materials are gathered through drop-off centers and door-to-door collection, then processed at dedicated Collection and Sorting Hubs (CoSoHUBs). The collected recyclables are sold to manufacturing plants to be converted into raw materials for products like polyester fiber, aluminum ingots, and various packaging items. This system creates a clean, efficient supply chain that reduces contamination while providing a structured way for individuals to participate in the circular economy.

By rewarding consumers with points that can be redeemed for household items or cash, RecyclePoints solves the critical challenge of sustaining a consistent buyback system for recyclables. The model incentivizes responsible disposal and environmental stewardship, benefiting households, academic institutions, and corporate partners who engage with the platform. Beyond collection, the company provides waste auditing, recycling consultations, and community sensitization services. Their initiatives have gained recognition for their role in promoting sanitation and sustainable development, supported by partnerships with authorities such as the Lagos State Waste Management Authority and corporate organizations. Through programs like the iRecycle Network and WastePickers Initiative, the company has successfully integrated waste management with social empowerment.

AI summary generated on Jun 22, 2026
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