Egyptian startup Green Pan is planning to expand its operations into Alexandria, according to Thomson Reuters’ MySalaam.com. Green Pan, which collects cooking oil from households and converts it to biodiesel, launched last year under the umbrella of renewable energy and waste management firm Tagaddod. “With a five-litre minimum order, along with an incentive scheme offering one litre of soap for every five litres donated … the collection process became easier and more efficient,” co-founder Ahmed Raafat says. Supported by our good friends at Flat6Labs, Tagaddod now mass produces and exports biodiesel.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…