A new investor is interested in Sanergy. The American company promotes an innovative approach to the circular economy in developing countries, including Kenya. The Japan International Cooperation Agency (Jica) invests $ 2.5 million in the capital of Sanergy.
This equity investment will allow Sanergy to supply more fertilizer for agriculture and insect protein for animal feed. In Kenya, Sanergy already has a faecal sludge treatment plant with a capacity of 72,000 tonnes per year. “Kenya’s capital and largest city, Nairobi, had a population of 3.04 million in 2009 and is expected to reach 5.94 million by 2030. As the population increases, the volume of waste from the city is expected to drop from 1,848 tonnes per day in 2009 to 3,990 tonnes per day in 2030 ”, Jica explains.
To achieve this result, Sanergy will use a simple but novel technique. The American society breeds black soldier flies (BSF). The larvae of these insects are rich in durable and highly nutritious protein. In the adult larval stage, the insects are dried and supplied in bulk to food manufacturers for commercial use. At the end of the process, the waste is transformed into organic fertilizer. By supporting the activities of Sanergy, Jica also aims to improve food security in Kenya. Currently, the Nairobi-based company collects 12,000 tonnes of waste each year and recycles it into products for agriculture and animal husbandry.
Read also –
By developing a framework conducive to the circular economy in developing countries, Sanergy supports sustainable waste management. Co-founded by David Auerbach, Lindsay Stradley and Ani Vallabhaneni, the company is preparing to expand its operations to other countries, mainly in East Africa.