What Recyplast does

Recyplast is a privately held, for-profit waste management firm headquartered in Abidjan, Côte d'Ivoire. According to available firmographic records, the company was founded in 2019 and focuses on recycling plastic waste. The firm operates with a small team of 1-10 employees, characteristic of an early-stage venture. Its operational base in Abidjan positions it within the Ivorian recycling sector, though the available source material does not detail collection processes, recycling technologies, downstream buyers, or processing facility footprint.

A material data conflict exists between the firmographic profile and the content surfaced at the company's web domain (recyplast.ci). The scraped web content describes "MelBet Côte d'Ivoire," an online sports betting and casino platform operating under a Curaçao gaming license with reportedly 500,000+ registered Ivorian users, native mobile applications for Android and iOS, and integrations with Ivorian mobile money providers (MTN, Orange Money, Wave) and major Ivorian banks. It is unclear from the available material whether Recyplast operates this gambling platform, has licensed its domain for that purpose, or whether the scraped content is misattributed. The authoritative firmographic record characterizes Recyplast as a plastic recycling firm, not a gambling operator, and this analysis proceeds on that basis.

Capital formation to date is limited: a $100,000 award from the Government of Canada dated February 2022, and participation in the AcceliCITY powered by Leading Cities program in July 2023. No revenue figures, customer logos, named partnerships, or operational details specific to the recycling business (e.g., feedstock sources, recycling capacity, end-buyer relationships) are disclosed in the available material, materially limiting any deeper analytical conclusions.

Name

Recyplast

Legal name

MelBet

Website

https://recyplast.ci

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Recyplast is a small Abidjan-based waste management startup, founded in 2019, that focuses on recycling plastic waste. The firm operates with 1-10 employees, has received limited disclosed funding, and lacks publicly available revenue or customer data.

Ownership category

akta.pro rank

Product category

Plastic Waste Recycling

NAICS

Materials Recovery Facilities (562920), Waste Collection (56211), Solid Waste Collection (562111)

SIC

Refuse Systems (4953), Sanitary Services (4950)

akta.pro primary industry

Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA)

akta.pro secondary industries

Post-Industrial Plastics Scrap Recovery & Regrind (IMANAMAB), Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins) (IMANAAAH), Recycling Transfer & Consolidation (Single-Stream, Dual-Stream, Source-Separated) (EUAIABAC)

Keywords

• Plastic waste recycling
• Waste management services
• Circular economy solutions
• Plastic recovery operations
• Recyclable materials processing

Headquarters

HQ city

Abidjan

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel

Revenue model

1. Sports Betting Wagers: The platform takes a commission/house edge on sports betting wagers placed by users across 50+ sports disciplines. Revenue is generated from the spread between odds offered and true probability, plus settled bet margins.
2. Casino Gaming: Casino games including slots, table games (blackjack, baccarat, roulette), and live dealer games generate revenue through house edge on wagers. The platform offers 1000+ casino games.
3. Welcome Bonuses and Promotions: New user acquisition tool providing matched deposits (100% up to $300 standard, up to 130% with promo code) which encourages deposit activity and subsequent wagering volume.
4. Lottery and Toto Games: Lottery and toto betting products with house-edge pricing structure

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Recyplast is a waste management firm that recycles plastic waste, operating from Abidjan, Côte d'Ivoire. Founded in 2019 with 1–10 employees, the company is engaged in plastic waste collection, processing, or recovery activities within the Ivorian market. It has received grant funding (Government of Canada, February 2022) and accelerator support (AcceliCITY, July 2023) tied to circular economy and plastic recycling initiatives.

Product overview

No product and services information available for Recyplast. The source content pertains to MelBet Côte d'Ivoire, a sports betting and online gambling platform, which does not match the specified company name 'Recyplast'.

Differentiator

Problem solved

Functional benefit

Products and services

• Plastic Waste Recycling Services Plastic waste recycling and waste management services delivered to local customers in Côte d'Ivoire, focused on collection and recovery of plastic materials. The service supports circular economy and waste reduction objectives for municipalities, brands, and development partners operating in the Ivorian market.

Quantifiable outcome

• 500,000+ registered users in Côte d'Ivoire

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• MTN Mobile MoneycoreOthersMobile money payment integration enabling Ivorian customers to deposit and withdraw funds using MTN Mobile Money, one of the primary mobile money services in Côte d'Ivoire.
• Orange MoneycoreOthersMobile money payment integration supporting Orange Money transactions for deposits and withdrawals, providing another key local payment option for Ivorian users.
• WavecoreOthersMobile money payment integration with Wave, a popular mobile money service in Côte d'Ivoire, expanding payment accessibility for platform users.
• EcobanksupportingOthersBank transfer integration with Ecobank, one of the major banking institutions operating in Côte d'Ivoire, enabling standard bank transfers for deposits and withdrawals.
• Société Générale Côte d'IvoiresupportingOthersBank transfer integration with Société Générale's Ivorian operations, providing traditional banking channel options alongside mobile money solutions.
• Bitcoin/EthereumsupportingOthersCryptocurrency payment integration enabling deposits and withdrawals using Bitcoin and Ethereum, providing alternative payment rails for users preferring digital currencies.
• Curacao Gaming LicensecoreOthersPlatform operates under an official gaming license issued by Curaçao, providing regulatory oversight and licensing framework for the online gambling operations.

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Veolia Environmental Services: Veolia is a global environmental-services and waste-management incumbent operating across collection, materials recovery, and recycling in multiple African markets including Côte d'Ivoire. Overlaps with Recyplast in plastic recovery and MRF operations but at vastly different scale and as part of a much broader portfolio.
• Suez Recycling and Recovery: Suez is a global waste-management and recycling incumbent with significant operations across Africa. Comparable in plastics recycling and recovery-facility operations, and represents the kind of established player Recyplast would need to compete against for large municipal and industrial contracts.

Direct peers

• Mr. Green Africa: Mr. Green Africa is a Nairobi-based social enterprise that buys post-consumer plastic waste and processes it into recycled PCR pellets for sale to FMCG packaging buyers. Comparable business model (collection → sortation → sale to converters) and serves the same target end-market of brand-owner sustainability programs across East and West Africa.
• Chanja Datti: Chanja Datti is an Abuja-based plastic-recycling company that aggregates PET and other post-consumer plastic and converts it into flakes, pellets, and finished products. Comparable feedstock, comparable output products, and competes for the same multinational brand-owner offtake relationships in West Africa.
• Coliba: Coliba is an Abidjan-based plastic-recycling startup that collects post-consumer plastic packaging and channels it into recycling streams. It is the closest direct peer — same geography (Côte d'Ivoire), same feedstock (post-consumer plastic), and same collection/aggregation model — and represents the principal head-to-head competitor for Recyplast.

Emerging players

• RecyclePoints: RecyclePoints is a Nigerian waste-recovery and recycling-incentives platform that aggregates household and institutional recyclables, including plastics, and processes them into sellable commodities. Adjacent emerging player in the West African recovery space with partial business-model overlap.
• EcoBrixs: EcoBrixs is a Uganda-based plastic-recycling enterprise that converts post-consumer plastic into construction products. Comparable in feedstock and African emerging-market context but differentiated by its focus on building-product output rather than resin sale.

Regional players

• Wecyclers: Wecyclers is a Lagos-based household-recycling platform that incentivizes households to sort and recycle waste, including plastics, using a fleet of cargo bikes. Comparable in feedstock (post-consumer recyclables) and emerging-market urban context but geographically concentrated in Nigeria rather than Côte d'Ivoire.

Others

• United Nations Environment Programme — Africa Plastic Waste Initiative: UNEP's Africa Plastic Waste Initiative is a multilateral program supporting plastic-waste reduction and recycling ecosystems across the continent. Relevant as a funder, convener, and policy shaper for African plastic recyclers including Recyplast, rather than as a commercial competitor.

Market position

Strengths4 records

Weaknesses4 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/Recyplastci
• LinkedInlinkedin.com/company/recyplast-ci

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Recyplast