Dawar Acquires Stake in BekyaPay to Expand Its Digital Waste Network Across Egypt

The Cairo-based circular economy platform Dawar has acquired a strategic stake in BekyaPay, a consumer-facing application that allows households to exchange sorted recyclable materials for cash.

The transaction extends Dawar’s digital oversight from midstream aggregation and trade layers directly to the point of waste generation, households.

Digitizing an Informal Economy

Egypt’s waste recovery sector has historically relied on informal collectors and decentralized trading networks. While efficient in many respects, the system lacks standardized reporting, verified recovery data, and digital traceability.

Rather than operating as a traditional recycler, the company functions as a digital infrastructure layer that records, verifies, and structures recyclable material flows across the value chain. Its platform connects collection points, aggregators, traders, and compliance reporting within a unified digital framework.

Recyclable Materials

Over the past three years, Dawar reports recording more than 90,000 verified tons of recyclable materials across 22 governorates. In practical terms, that means converting informal transactions into traceable datasets, a capability that becomes increasingly valuable as regulatory and corporate reporting requirements tighten.

Until now, Dawar’s system has largely focused on materials once they enter structured collection or trade channels.

Network

Launched less than a year ago, BekyaPay enables households and commercial entities, including schools and hypermarkets, to monetize sorted recyclables through a network of more than 500 collection points and 120 collectors across two governorates. It has onboarded more than 30,000 users.

By acquiring a stake in BekyaPay, Dawar integrates source-level collection into its traceability architecture, capturing data before materials move into the informal trade network.

Source: Press Release