Business
Emirates To Launch onboard Utensils Made From Plastics Waste
By Ocheneyi Alli
Emirates Airline says that it will this month, launch onboard items such as plastic trays, bowls, snack and casserole dishes irecycled from Plastics waste nto fresh, ready-to-use Emirates meal service products.
In a statement to mark this year’s edition of the United Nations World Environment Day with theme, #BeatPlasticPollution, Emirates said that it will introduce the new recycled utensils onboard from June 2023.
The airline recently entered into partnership with deSter FZE UAE, to recycling millions of the onboard used items.
Emirates says that the project is in line with its commitment to consuming responsibly, adding that the new initiative is a transition to the principles of a circular economy, whereby items are reduced, reused, and recycled.
” Millions of old and damaged meal service items from Economy and Premium Economy Class dining will be collected after flights, washed and checked for damage, transported to a facility in Dubai to be ground down, reprocessed, and manufactured into new dishes, bowls and trays – before being sent to Emirates Flight Catering to be used again for thousands of meals in the sky,” said the Airline.
Commenting on the partnership with deSter FZE UAE, Emirates explains that deSter is a leading provider of service ware concepts to the aviation industry, and expert in closed loop manufacturing.
” Emirates will be reusing plastic materials that have already reached their end of life and would otherwise need to be written off.
The new trays, casseroles, snack dishes and bowls, potentially containing around 25% reused material (recyclate), will be brought back into service on aircraft across the globe, and the proportion will continue to increase over time.
” The team at deSter are members of the CE100 network, which includes some of the world’s leading circular economy companies and have also been awarded the ‘Gold’ Sustainability rating from Ecovadis – a globally recognized certification for sustainable practices.
Emirates elected to work with deSter once a facility in UAE was ready to facilitate the huge scale of Emirates’ requirement – substantially reducing the carbon footprint of sending the products to another country to be recycled.
The deSter factory also incorporates sustainable design principles focusing on solar power, efficient use of water and minimization of waste,” it said.
Emirates’ commitment to reducing plastic waste
Emirates Airline is committed to reducing plastic waste and has already implemented several initiatives in addition to the new closed loop recycling project.
Emirates has diverted over 150 million single-use plastic items from landfill each year by replacing plastic straws, inflight retail bags, and stirrers with responsibly sourced paper and wooden alternatives.
Blankets Recycled From Plastic Bottles
Economy and Premium Economy Class passengers can get comfortable with soft blankets onboard, where each blanket is manufactured from 28 recycled plastic bottles.
Over the course of one year, this initiative saves 88 million plastic bottles from landfill.
Emirates’ current range of inflight toy bags, baby amenity kits and plush toys are made from recycled plastic bottles, and over 8 million plastic bottles were repurposed during 12 months of amenity kit production.
The hygiene covers for bowls on Emirates meal trays and plastic tumblers are made from 80% recycled plastic (rPET).
Emirates Economy and Premium Economy amenity kits are made from alternative materials such as kraft paper, rice paper and recycled plastic, reducing the consumption of virgin plastic.
Emirates Cabin Crew segregate glass and plastic bottles for recycling in Dubai, diverting about 500,000 kilograms of plastic and glass from landfill in 2022.”
Business
TIME Names Moniepoint CTO Felix Ike Among 50 Global Executives of the Year
In its citation, TIME said Ike “has helped to establish the business as one of Africa’s leading financial platforms.
TIME magazine has named Felix Ike, co-founder and Chief Technology Officer of Nigerian fintech Moniepoint, to its inaugural Executives of the Year: Tech and Data list.
Ike is the only executive representing an African company among the 50 leaders selected for the 2026 list.
The list, unveiled on Tuesday, September 22, recognises chief information officers, chief technology officers, chief data officers and chief product officers whose decisions are shaping how major organisations deploy technology and use data.
Moniepoint is also the only African company represented on the inaugural list.
Ike was named alongside executives from Netflix, CrowdStrike, Dell, Duolingo, AT&T, OpenAI, Anthropic, Shopify and Reddit, among others.
In its citation, TIME said Ike “has helped to establish the business as one of Africa’s leading financial platforms.
“The recognition follows Moniepoint’s inclusion in TIME’s 2025 list of the 100 Most Influential Companies, giving the Lagos-founded fintech another global distinction.
Business
Naira Exchange Rates, Friday September 25
Black Market Rates
₦1382DOLLAR (USD)
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1000 DOLLAR (CAD)
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370DIRHAM (AED)
190YUAN (CNY)
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Official CBN Exchange Rates
DOLLAR (USD)₦1328.67
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CFA FRANC (XOF)₦2.31
WEST AFRICAN UNIT OF ACCOUNT (WAUA)₦1808.03
CHINESE YUAN (CNY)₦197.92
SAUDI RIYAL (SAR)₦353.86
SOUTH AFRICAN RAND (ZAR)₦81.09
Business
Djibouti, Ethiopia and Dangote to build $660 million petroleum pipeline
In Kenya, Dangote and the government are due to break ground on a new 700,000-barrel-per-day crude oil refinery in Lamu next week.
Ethiopia, Djibouti and Nigerian billionaire Aliko Dangote plan to build a $660 million refined petroleum pipeline that will connect Ethiopia and Djibouti, a spokesperson in Ethiopian Prime Minister Abiy Ahmed’s office said on Thursday.
The project will include a 120-km (75-mile) pipeline, as well as approximately 375,000 cubic metres of storage capacity at Damerjog in Djibouti and 800,000 cubic metres at Dewele in Ethiopia, the spokesperson told Reuters, adding it should become operational within 18 months.
Abiy said on his X account the project will be developed through a partnership between Ethiopian Investment Holdings and the Dangote Group, which separately is already building a $4 billion fertiliser pipeline and power plant, and a polypropylene packaging facility, in Ethiopia.
The project aims to reduce logistics costs and delays along the Ethiopia-Djibouti transport corridor, Abiy said.
Developers say the infrastructure will strengthen energy security and improve supply chain resilience for the two countries, he said.
Abiy is on a visit to Djibouti and made the announcement alongside its president, Ismail Omar Guelleh, and Dangote.
In Kenya, Dangote and the government are due to break ground on a new 700,000-barrel-per-day crude oil refinery in Lamu next week.
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