GIIG Africa Fund invests in plastics recycling company

The GIIG Africa Fund has announced a seed investment in Scarabtech, a South African company that specialises in the production of small-scale plastic-to-energy units called ‘Beetles’. Developed using special software algorithms and design, these machines heat plastic waste, creating a vapor that is then captured and reconstituted into carbon-neutral fuel that can power generators and engines.

In this way the technology seeks to simultaneously address the burgeoning impact that single-use plastics have on the health of both local communities and the environment, while also creating a sustainable source of energy and job creation to address energy poverty and power micro-economies in under-served communities across southern Africa and the globe.