Hinckley E-Waste Recycling gets $1.5m from All On to build Nigeria’s first lithium-ion and lead-acid battery recycling plants, boosting clean energy sustainability

Hinckley E-Waste Recycling, a Nigerian electronic waste management company, has received a $1.5 million equity investment from All On, an impact investor focused on expanding clean energy access in Nigeria.

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The announcement, made on Thursday, marks a significant milestone in Nigeria’s clean energy and recycling landscape.

The funds will support the establishment of the country’s first high-tech lithium-ion and used lead-acid battery recycling and reuse facilities, a critical step toward managing the growing volume of renewable energy waste.

The move aligns with key findings from the ‘Market Research on the Circular Economy of the Renewable Energy Sector in Nigeria’, a study commissioned by All On.

The report flagged the dangers posed by improper disposal of solar components — particularly batteries — and called for sustainable, commercially driven recycling solutions.

“As Nigeria’s clean energy sector expands, so does the volume of electronic waste,” said Caroline Eboumbou, CEO of All On.

“Our investment in Hinckley E-Waste Recycling is a direct response to those findings. It’s a commitment to building a sustainable battery supply chain that supports environmental stewardship and inclusive growth.”

Oluseye Bassir, Investment Manager at All On, added that Hinckley’s model tackles both environmental threats and economic opportunities.

“This investment helps prevent pollution from the mass adoption of renewable energy, while enabling a circular economy approach,” he said.

For Hinckley, the funding represents an opportunity to scale impact on both environmental and social fronts.

CEO Adrian Clews noted that the new facilities would transition informal waste collection into a structured, safe and sustainable system aligned with global best practices.

“Through this investment, we aim to strengthen our commitment to environmental care and livelihood enhancement,” said Clews.

“Proper recycling infrastructure will reduce health risks, protect the environment, and uplift the thousands of Nigerians who currently work in unregulated e-waste collection.”

The project is expected to lower the cost of solar components, improve safety in waste handling, create employment opportunities, and encourage ecosystem growth within Nigeria’s clean energy and circular economy sectors.

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Founded to address Nigeria’s growing e-waste crisis, Hinckley E-Waste Recycling is positioning itself at the forefront of sustainable innovation by combining technology, compliance, and local empowerment to drive real impact.