Access Bank partners with MEGA and Lokal for coffee capsule reuse project

Access Bank faz parceria com o MEGA e Lokal para projecto de reaproveitamento de cápsulas de café

Access Bank has established new partnerships with MEGA Distribuição de Moçambique, SA and the Lokal supermarket chain to strengthen its coffee capsule reuse project and reach more people.

With these collaborations, customers and the general public will have new collection points for used capsules, thus promoting more sustainable practices.

The expansion of the project includes the placement of collection points in Lokal stores in Dona Alice, Belo Horizonte, Feima, Vila Antúrio, Julius Nyerere and Triunfo.

These new partnerships complement the collection actions already underway at the Bank's five branches in Maputo and Matola, in collaboration with the company Reciclagem & Serviços Lda, which is responsible for collecting, processing the capsules and training the community in the process of transforming the dry waste.

The project to reuse coffee capsules is an innovative circular economy initiative. The capsules collected are sent to a cooperative in Bairro de Chiango, where they are separated and processed.

The capsules' aluminum and plastic containers are reused to create handicrafts and jewelry, providing a source of income for local artisans. In turn, coffee grounds are used as a natural fertilizer, benefiting urban agriculture and promoting more sustainable farming practices.

In addition, the project includes educational workshops in the communities, with the aim of raising awareness about the importance of recycling and reusing waste. It is hoped that this approach will not only reduce the environmental impact of coffee waste, but also create economic opportunities for local residents by encouraging the training of artisans and farmers.

The project will benefit more than 5,000 people in the Chiango community in Maputo.

"We are excited about the new partnerships signed with MEGA and Lokal. We believe that this collaboration will not only facilitate the process of collecting and reusing coffee capsules, but will also raise awareness about the importance of sustainability," said Marco Abalroado, Managing Director of Access Bank Mozambique.

"By expanding our network of collection points, we encourage our customers, employees and the general public to be an active part of this ecological initiative. We believe that, together, we can make a significant difference to the environment," added Tarcísio Mahanhe, Director of Wholesale banking at Access Bank Mozambique.

Access Bank is committed to innovation and social responsibility, constantly looking for ways to contribute to a more sustainable future.

With the project to reuse coffee capsules, the Bank is reaffirming its commitment to promoting ecological initiatives that benefit the community and the environment.

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