Terra Aqua Environmental Consultancy Limited operates Nigeria’s largest sustainable aluminum recycling plant in Otta, Ogun State, with over 15 years of experience in metal scrap recycling and trading. Its facility can produce 3,000 metric tons of aluminum ingots annually and holds certifications from the Environmental Permit and the Nigeria Export and Promotion Council. The company emphasizes climate‑smart recycling practices that achieve a reported 95% reduction in CO2 emissions compared with primary aluminum production. Terra Aqua plans to expand operations through climate finance to scale recycling capacity over the next five years, targeting the equivalent of recycling three Eiffel Towers in aluminum. The expansion is expected to generate roughly 200 local jobs and deliver significant environmental impact equivalent to removing 100,000 cars from the road. A $10M investment from TLG Capital and Wema Bank will fund the immediate growth and operational scaling.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024