Africa's Path to Inclusive Prosperity - Embracing the Power of Circular Economy

Its potential lies in the reimagination of conventional linear models of production and consumption, where a circular economy not only signifies a departure from the status quo but also opens up avenues for inclusive growth that permeate all levels of society.

Henry Roman, Regional Representative for Southern Africa at the International Water Management Institute , in a briefing to the media in Pretoria, said the circular economy represents a transformative opportunity. He said by prioritising local production, resource efficiency, and social equity, the circular economy has the potential to mitigate inequalities, empower marginalised communities, and foster resilient, self-sustaining economies across Africa.

To ensure water security, Mr Roman stressed the need to consider circular approaches to water management, encompassing water reuse, recycling, and resource recovery in the form of nutrients from wastewater.There was a problem processing your submission. Please try again later. The data shows the share of secondary materials entering the economy has decreased from 9.1 percent in 2018 to 7.2 percent in 2023.

Source: Financial Digest (financialdigest.net)

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