Jambaar Capital has announced an investment in Trashcoin, a digital waste management platform that converts recyclable waste into economic value for communities across Africa.
Trashcoin enables users to deposit recyclable materials and receive credits in a digital wallet, which can be withdrawn as cash or used to pay for utilities, healthcare, education fees, and mobile data.
The model aims to address multiple structural challenges at once, including waste pollution, weak recycling infrastructure, climate impact, and financial exclusion, through a technology-driven incentive system.
Jambaar Capital said it is backing the startup for its approach to turning environmental challenges into economic opportunity.
“We are drawn to founders who see broken systems as opportunities,” the firm noted, highlighting Trashcoin’s execution, clarity of vision, and ability to operate in complex environments.
Trashcoin is led by Nnodim Eliot Wogu, Phebe Ilesanmi, and Damilola Daramola, and aims to become a leading incentivised waste collection platform across Africa.
Jambaar Capital said it will support the company as it scales its operations and impact.