Papyrus shares technology with African diplomats in Egypt

Papyrus shares technology with African diplomats in Egypt

Papyrus is pleased to announce key team members met with diplomats from Senegal, Côte d’Ivoire, Sudan and Egypt on Monday 17 October 2022.

The meeting was held at an event at the Australian Ambassador’s Residence in Cairo to showcase Australian solutions to environmental challenges in Africa, one of which was the significant opportunity that the Papyrus technology offers to African countries.

Papyrus’ patented technology converts banana plantation waste into high quality consumable products in a chemical free process.

With a potential 1.5b tonnes of unused agri-waste produced each year in Africa, Papyrus’ technology provides enormous potential to solve several key environmental issues that are of growing concern to the continent as a whole.

Firstly, implementing Papyrus’ world-leading technology throughout Africa would reduce greenhouse gas emissions by harnessing the 1.5b tonnes of readily available agri waste which would otherwise generate methane when left unused.

Secondly, the Papyrus technology provides the opportunity to convert this previously unused resource into high quality consumable products which can replace plastics and wood pulp used in packaging with the production of sustainable, biodegradable moulded food packaging products made from refined banana fibre.

Among the African Ambassadors present at the meeting there were also several other private companies, investors and representatives from the European Bank for Reconstruction and Development.

“The response to our presentation about the Papyrus technology and the enormous environmental and economic opportunities it presents in Africa were very promising,” said Papyrus’ Managing Director, Ramy Azer.

“At the suggestion of the relevant diplomats, we will now be opening discussions with the Ministers of Agriculture in Senegal, Côte d’Ivoire and Sudan to introduce the Papyrus technology to those countries.

“We are thrilled at the prospect of rolling out our technology across Africa, one of the major banana and plantain-producing regions in world,” Mr Azer concluded.