Coved plans to tap African markets

|
|

The French waste management company Covet has founded a subsidiary in Togo. Coved West Africa is to develop the company's activities on African markets and lead the implementation of its first contract in the region, Coved announced this week. The French company aims to increase the share of its revenue generated abroad to at least 25 per cent by 2025.

Together with Eiffage and GER, Coved was awarded the contract to build a new municipal waste landfill for Lomé, the capital of Togo. Ground was officially broken for the landfill in late October by Togo's president, Faure Gnassingbé, and the French prime minister, Manuel Valls.

The landfill, which is to meet international standards, is expected to begin accepting waste at the end of 2017. During the first five years of operations, 300,000 tonnes of waste per year are to be deposited at the 80 hectare site. Coved put the cost of the facility, which is being financed by the City of Lomé, the French development agency (AFD) and the West African development bank, at €26m.

- Ad -

Article categories
- Ad -