MTI Investment: Driving Change with Chanzi's Impactful Growth in Tanzania

Scaling Impact in Tanzania
Since opening Okota's Material Recovery Facility (MRF) in Arusha six months ago, Chanzi has achieved remarkable milestones:

• Employed over 75 former waste pickers, creating sustainable livelihoods.
• Diverted over 1,000 tonnes of solid waste from landfill, addressing critical waste management challenges.
• Recycled 15% of the city's garbage daily, showcasing the scalability of Chanzi's innovative waste solutions.

"At Okota, we know that Africa has a waste problem, and the world has a waste problem," said Andrew Wallace, Co-Founder of Chanzi. "But our team-comprising passionate individuals like Sune, Mayasa, and Beatrice-has proven that with dedication and innovation, even the most daunting challenges can be overcome. What we've achieved in six months is a testament to their hard work and our shared vision of creating sustainable change."

Collaborations and Strategic Backing Driving Growth
Chanzi's progress is fueled by a strong network of investors and collaborators. Apart from MTI Investment, which provided a USD 100,000 convertible loan note (see press release), Chanzi has attracted support from well-known backers like Anheuser-Busch InBev, FINCA Ventures, and Seek Impact, who have contributed funding and strategic expertise to scale Chanzi's innovative solutions in waste management.

Additionally, partnerships with organizations such as TakaTaka Solutions and the Sustainable Manufacturing and Environmental Pollution (SMEP) Programme have played a vital role in Chanzi's success:

• TakaTaka Solutions: Kenya's leading waste management company, TakaTaka Solutions specializes in sorting, recycling, and composting, successfully recycling over 95% of the waste it collects. This expertise has allowed Chanzi to replicate proven solutions in Arusha, enhancing operational excellence.
  Learn more about TakaTaka Solutions here.
  
  
• Sustainable Manufacturing and Environmental Pollution (SMEP) Programme: Funded by the UK Foreign, Commonwealth & Development Office, SMEP supported pilots in Nairobi and Mombasa that showcased the potential of Chanzi's integrated model. SMEP's focus on reducing industrial pollution and advancing sustainable practices complements Chanzi's efforts to scale sustainable waste management across borders.
  Learn more about SMEP here.

"Collaborations like these have allowed us to scale quickly while ensuring quality and innovation remain at the core of our operations," said Andrew Wallace, Co-Founder of Chanzi. "With proven techniques and strong partnerships, we're poised to replicate this success across Tanzania and beyond."

Looking Ahead: A Bold Vision for Tanzania
Chanzi plans to expand to 11 additional cities in Tanzania, reaching 5 million citizens. This expansion, requiring $12.25 million in funding, will create hundreds of jobs and further reduce landfill reliance and greenhouse gas emissions.

From Investment to Global Impact
Without shareholders like those who invest in MTI Investment, companies like Chanzi would not rise to tackle global challenges," said Pontus Engström, CEO of MTI Investment AB. "Your investment supports solutions that reduce methane emissions-a leading cause of global warming-and revolutionize sustainable agriculture through clean protein production. Together, we're shaping a better, more sustainable future."

Engström added, "Chanzi's innovative business model and the scalability of its solutions position it as a company with significant growth potential. With its rapid progress in tackling critical environmental challenges across Africa, Chanzi exemplifies the type of enterprise that could evolve into a game-changer-potentially even a unicorn-in the global sustainability space."

Join the Movement
Businesses and organizations are invited to partner with Chanzi.

"By investing in our initiative, you'll help divert waste from landfills, expand capacity, and turn waste into valuable resources," said Wallace. "The time for meaningful, scalable solutions is now."

To learn more about Chanzi's transformative work, watch their latest video here.

Why It Matters
Beyond its operational success, Chanzi is transforming lives and creating lasting social impact. By providing employment opportunities to marginalized groups, including former waste pickers, and fostering skills development, Chanzi empowers communities to participate in a sustainable economy. 

With urban waste in Africa projected to triple by 2050, Chanzi's scalable solutions demonstrate how waste can become an opportunity for sustainable growth and innovation.

For additional information
Pontus Engström, CEO, MTI Investment AB
[email protected]
+46 70 716 55 38

Andrew Wallace, CEO, Chanzi Ltd
[email protected]
+255 742 604 232

About MTI Investment AB
MTI operates at the intersection of venture capital and impact investing. Our goal is to become a leading investment company active in one of the foremost growth markets in the world, East Africa. With a diversified team rooted in both the Nordic region and East Africa, we have forged a unique position with capital and expertise from the Nordics, and a strong network and trust capital from local entrepreneurs in Africa. Founded in the Nordic financial industry, backed by capital-rich and experienced investors, as well as foundations owned by industrial families, MTI Investment brings significant competitive advantages to portfolio companies, sustainable transformation in the region, and high returns to our investors.

The MTI Investment share (MTI) is traded on the Nasdaq First North Growth Market.

Certified Adviser to MTI Investment is Mangold Fondkommission AB.

Read more on: www.mti-investment.com