Hinckley E-Waste Recycling, a pioneering e-waste management company based in Nigeria, has secured a $1.5 million equity investment from impact investor All On, a Shell-funded organization committed to accelerating access to clean, reliable, and affordable energy in Nigeria.
This strategic funding will enable Hinckley to establish Nigeria’s first lithium-ion and used lead-acid battery recycling facilities, marking a significant milestone in the country’s clean energy and circular economy journey.
As Nigeria’s clean energy sector continues to expand, so does the volume of electronic waste, particularly from solar products and battery-powered devices. The investment responds directly to findings from All On’s circular economy research, which highlighted the urgent need for sustainable battery disposal and recycling infrastructure.
Caroline Eboumbou, CEO of All On, stated:
As Nigeria’s clean energy sector expands, so does the volume of electronic waste. Our investment in Hinckley is a direct response to the findings of our circular economy research and reflects our commitment to building a sustainable battery supply chain that supports local value creation, environmental stewardship, and inclusive growth.
Hinckley’s new facilities will be designed to meet global environmental and safety standards, helping to formalize Nigeria’s largely informal e-waste collection sector. The company aims to transition thousands of informal waste collectors into a structured system that promotes safe handling, recycling, and reuse of hazardous materials.
Adrian Clews, CEO of Hinckley E-Waste Recycling, commented:
Through this investment, we aim to strengthen our commitment to both environmental care and livelihood enhancement, shifting informal e-waste collection into organized systems and building recycling facilities that comply with global standards. Our goal is to manage Nigeria’s growing and increasingly complex e-waste stream safely, responsibly, and sustainably.
He added that improving e-waste recycling infrastructure will not only reduce health and environmental risks but also support the economic empowerment of thousands of Nigerians working in the waste collection sector.
This partnership between Hinckley and All On represents a forward-thinking approach to energy transition, one that integrates clean energy growth with circular economy principles. By investing in battery recycling, the initiative aims to close the loop on energy product lifecycles, reduce environmental harm, and create new economic opportunities in Nigeria’s green economy.