Dawar Acquires Stake in BekyaPay to Digitize Egypt’s Waste Collection at Source

Cairo – February 18, 2026: Dawar by Environ Adapt has acquired a strategic stake in BekyaPay, expanding its digital waste traceability network to the household level and strengthening its position within Egypt’s evolving circular economy ecosystem.

Egypt’s recycling sector processes millions of tons of waste annually, much of it through informal and fragmented networks that lack standardized documentation and traceability. Dawar was established to formalize this system by building a digital infrastructure layer that records, verifies, and structures recyclable material flows across the value chain.

Rather than operating as a traditional recycler, Dawar connects collection points, aggregators, traders, and compliance reporting entities within a unified digital framework. Over the past three years, the company reports verifying more than 90,000 tons of recyclable materials across 22 governorates.

The acquisition of BekyaPay extends Dawar’s digital oversight upstream to the “first mile” of waste generation.

BekyaPay, launched less than a year ago, enables households, schools, and commercial entities to exchange sorted recyclables for cash. The platform operates through a network of over 500 collection points and 120 collectors across two governorates and has onboarded more than 30,000 users.

By integrating BekyaPay into its ecosystem, Dawar gains earlier visibility into recyclable material flows, capturing data before materials enter informal trading channels. The move enhances traceability rather than simply increasing collection volumes.

The transaction comes as compliance pressures intensify. Extended Producer Responsibility regulations and rising ESG reporting requirements are pushing manufacturers and brands to document verified recycling and recovery rates. In this context, digitized recovery systems are becoming compliance infrastructure, not just operational tools.

The acquisition signals a broader shift in Egypt’s recycling market from decentralized, volume-driven models toward vertically integrated, data-led systems. As sustainability reporting gains regulatory and commercial weight, verified traceability may become as critical as the recovered materials themselves.