DAWAR Acquires Strategic Stake in BekyaPay to Digitize Waste Recovery at the Source
DAWAR, a circular economy solutions provider, has announced the acquisition of a strategic stake in BekyaPay, an Egyptian startup specializing in waste management and recycling solutions. The move aims to expand DAWAR’s digital waste management network in Egypt and enhance traceability of recyclable materials from the source.
Egypt’s recycling system processes millions of tons of waste annually; however, a significant portion still relies on fragmented and informal networks, resulting in limited standard documentation and digital traceability. DAWAR seeks to address this challenge by structuring the sector through an integrated digital infrastructure.
Historically, waste recovery has depended on informal collectors and decentralized trading networks. While operationally efficient in many respects, these systems lack verified data and auditable reporting. DAWAR’s model was developed to bridge this gap.
Rather than operating as a traditional recycler, DAWAR manages a digital layer that records and verifies recyclable material flows across the value chain. Its platform connects collection points, traders, and sorting facilities within a unified digital framework.
Over the past three years, DAWAR has documented more than 90,000 tons of recyclable materials across 22 governorates, transforming informal transactions into traceable, verifiable data—an increasingly critical capability amid rising compliance and disclosure requirements.
Until now, DAWAR’s focus has been on materials already entering organized collection channels. BekyaPay, however, operates at an earlier stage in the value chain. Launched less than a year ago, the app enables households and commercial entities, including schools and supermarkets, to exchange sorted waste for cash. It manages a network of over 500 collection points and 120 collectors across two governorates and has attracted more than 30,000 users.
Through the acquisition, DAWAR integrates source-level waste collection into its traceability ecosystem, capturing data before materials flow into informal trading networks. This not only increases collection volumes but also significantly enhances early-stage data visibility.
The transaction comes amid growing requirements around Extended Producer Responsibility (EPR) and Environmental, Social, and Governance (ESG) disclosures, which increasingly mandate accurate documentation of recovery and recycling rates. As a result, verified data has shifted from being optional to becoming a regulatory necessity.
The deal reflects a broader shift toward embedding circular economy initiatives within data-driven, end-to-end systems. For DAWAR, integrating BekyaPay provides greater control over the first stage of the recycling chain, while for the market, it signals a transition from focusing solely on waste volumes to prioritizing accurate measurement and disclosure.
