Dawar Acquires Strategic Stake in BekyaPay to Expand Source-Level Recycling Traceability

Dawar, the Cairo-based circular economy platform, has acquired a strategic stake in BekyaPay, a consumer-facing application that enables households to exchange sorted recyclable materials for cash. The transaction expands Dawar’s digital oversight from midstream aggregation to the point of waste generation.

Egypt’s recycling ecosystem has long relied on informal, fragmented networks operating with limited documentation and minimal traceability. Dawar was established to address this structural gap by functioning not as a traditional recycler, but as a digital infrastructure layer that records, verifies, and structures material flows across the value chain.

Over the past three years, Dawar reports recording more than 90,000 verified tons of recyclable materials across 22 governorates, converting informal transactions into traceable datasets.

Until now, Dawar’s system primarily focused on materials entering structured collection and trade channels. BekyaPay operates earlier in the chain, enabling households, schools, and hypermarkets to monetize sorted recyclables through a network of 500+ collection points and 120 collectors across two governorates, serving over 30,000 users since its launch less than a year ago.

By integrating BekyaPay, Dawar captures data at source level, extending traceability before materials enter informal trading networks. The move reflects a broader market shift toward measurable and reportable recovery, as compliance and sustainability disclosure standards continue to evolve.