The Mohinani Group has entered into a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to promote plastic recycling in West Africa.
Through this collaboration, the Group has secured financing to expand rPET production via  Poly Tanks (Gh) Ltd. and Sonnex Packaging recycling facilities, reinforcing the company’s commitment to sustainability, innovation, and economic growth in the region. This initiative will not only boost the circular economy but also create over 4,000 jobs across Ghana, Nigeria, and beyond while reducing the use of virgin plastics and promoting sustainable development.
A joint statement by the two parties’ states that the IFC will also provide advisory services to strengthen Mohinani’s environmental and social practices and its capacity for efficient and sustainable PET recycling operations.  
“This partnership is a testament to the Mohinani Group's commitment to environmental sustainability and its role as a responsible corporate citizen. We look forward to working with the IFC to promote plastic recycling, reduce waste, and create a more sustainable future for West Africa” says the Strategy and Transformation Manager of the Mohinani Group, Roshan Mohinani.
He further emphasized that the rPET project by the Mohinani Group was born out of a vision to close the bottle-to-bottle recycling loop in Africa.
The IFC’s Regional Director for Central Africa and Anglophone West Africa Dahlia Khalifa also intimates that “IFC's partnership with Mohinani underscores our dedication to promote environmental sustainability and economic development in Ghana and Nigeria” She observed that “by recycling up to 30,000 tons of PET waste annually, these new plants will protect the environment and substitute imports with locally recycled materials.”
“The project aligns with IFC’s strategies for Ghana and Nigeria which are focused on mitigating climate change, job creation, and economic transformation. It is also consistent with the World Bank Group’s Climate Change Action Plan 2021-2025, which aims to reduce the use of virgin plastic resins and greenhouse gas emissions in the packaging materials value chain” she added.
Meanwhile, Poly Tanks (Gh) Ltd. and Sonnex Packaging have started producing SARA rPET, Mohinani’ s premium brand of food grade rPET pellets and flakes designed to support a cleaner and more sustainable future.