Inside Capital invests US$3.1-million in WeCycle (Mauritius)

Inside Capital has invested US$3.1-million in a Mauritius based recyclable waste collector, WeCycle. The company collects paper and cardboard waste for export to India, South Korea, Madagascar and Indonesia. The equity funding provided will expand the operations of the waste collection operations of WeCycle.

Inside Capital is a private equity firm that invests in high potential companies in Madagascar, Malawi, Mauritius, Mozambique, Tanzania and Zambia. The firm provides capital of between US$1-million and US$10-million and has invested in KCBricks (Zambia), The Latitude Hotels (located in Malawi, Zambia & Uganda), Reneworld (Mauritius) and Technopet (Madagascar) among others.

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