Magazine article African Business

Solutions&Co 2017: The Circular Economy

Magazine article African Business

Solutions&Co 2017: The Circular Economy

Article excerpt

For the third year running, African Business joins other business newspapers around the world to bring you stories about innovative companies as part of the Solutions&Co network.

While we can rejoice in the sharp rise of the global middle class, especially in emerging economies, the accompanying growth in consumption puts further pressure on raw materials and underscores the limits of our linear economic model--"take, make, dispose." According to the Global Footprint Network, it now takes the earth 18 months to regenerate the natural resources we use in one year. Obviously, this is not sustainable.

But there are promising developments underway, too, as innovators around the world pave the way for a "circular" economy to emerge at all levels, giving rise to new business models and economic opportunities.

Today, as a member of Solutions&Co, a network of 20 leading business newspapers from around the world, African Business brings you stories about the most innovative companies and initiatives accelerating our transition towards a circular economy.

Some companies are considering their products' life cycles, including recycling, as early as the design phase. Certain cities are organising industrial parks where the waste of one company becomes the input of another one. National governments have started banning plastic bags and experimenting with repair tax incentives. Consumers can rent blue jeans instead of buying them. And urban farms are sprouting out of plastic bottles in Cameroon. …

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