Private equity manager Inside Capital Partners has announced a $3.1 million investment in the Mauritian recyclable waste collector company WeCycle, to drive its local and regional expansion.

Today, WeCyle’s core business consists of collecting paper and cardboard for export to recycling companies in India, Indonesia, South Korea and Madagascar. With sales averaging 5,500 tonnes a year, the company is the largest recyclable waste aggregator and exporter in Mauritius.

Inside Cap...