Arab Finance: Cairo-based circular economy platform Dawar has acquired a stake in consumer recycling app BekyaPay, accelerating its digital transformation strategy, according to a press release.
The transaction will enable Dawar to integrate BekyaPay's consumer-facing app into its operations, offering greater visibility into recyclable material movements across collection points, aggregators, and traders within a unified traceability system.
Launched to formalize Egypt's fragmented recycling sector, Dawar operates as a digital infrastructure platform that records, tracks, and verifies the movement of recyclable materials, recording over 90,000 verified tones across 22 governorates over the past three years.
By integrating with BekyaPay, Dawar aims to reinforce its position not only as a circular economy operator but also as a compliance infrastructure provider in an increasingly regulated market.
Launched less than a year ago, BekyaPay enables households to exchange sorted recyclable materials for cash. It connects over 30,000 users through a network of 500 collection points and 120 collectors across two governorates.
The integration enhances early-stage data visibility, supporting compliance as extended producer responsibility (EPR) regulations and ESG reporting standards tighten.
