Sage Grey Finance Limited (“SGFL”), Circular Business Platform (“CBP”) and Perazim Impact Consulting have executed a Memorandum of Understanding (MoU) for the development and implementation of a US$10 million Circular Economy Impact Fund, a dedicated financing platform designed to scale commercially viable, impact-driven circular economy projects.
The collaboration is anchored on a shared commitment to accelerating sustainable development through investments that promote resource efficiency, waste reduction, climate resilience, job creation and inclusive economic growth. The Fund is intended to support enterprises and projects across the circular economy value chain, while delivering measurable environmental, social and economic outcomes alongside sustainable financial returns.
Under the MoU, Sage Grey Finance will serve as Fund Co-Sponsor, Anchor Investor and Fund Manager, providing anchor capital, fund management services and portfolio oversight. Circular Business Platform will act as Fund Co-Sponsor and Fund Advisor, strengthening the Fund’s strategic positioning, ecosystem engagement and pipeline development across circular economy sectors. Perazim Impact Consulting will serve as the Sustainability and Impact Partner, leading the design and implementation of robust impact measurement, investment readiness approaches sustainability frameworks and monitoring systems to ensure credible, transparent and verifiable impact outcomes.
The Circular Economy Impact Fund is expected to deliver tangible benefits across multiple stakeholder groups. For small and medium-sized enterprises, the Fund will expand access to patient capital, sustainability-aligned financing and technical support required to scale circular solutions. For investors, it offers exposure to a professionally governed impact fund with strong risk management, clear impact accountability and alignment with global sustainability and climate standards. For communities and the environment, the Fund will catalyse projects that reduce waste, lower carbon emissions, enhance resource efficiency and strengthen inclusive local value chains.
The parties further confirmed that the Circular Economy Impact Fund is targeted for full public launch during Circular Economy Week in 2026, providing a high-profile platform to showcase the Fund’s investment thesis, early pipeline and impact ambition to investors, development partners, policymakers and ecosystem stakeholders.
The MoU was witnessed by the Consular-General and the signing took place at the Netherlands Consulate in Victoria Island, Lagos. The Netherlands Consulate’s role is limited to providing strategic guidance as it aligns with their goals and agenda to scale circular economy initiatives in Nigeria and beyond.

The Parties expressed confidence that this collaboration will contribute meaningfully to Nigeria’s sustainability transition while demonstrating the commercial viability of circular economy investments.