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Emirates To Launch onboard Utensils Made From Plastics Waste

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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

Afreximbank terminates credit rating with Fitch

Fitch cut Afreximbank’s credit rating to one notch above “junk” status last year, citing high credit risks and weak risk-management policies, and put it on a “negative outlook” – rating agency terminology for another downgrade warning.

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African Export-Import Bank (Afreximbank) has terminated its credit rating relationship with Fitch Ratings.

In an announcement on its website, Afreximbank explained that it’s decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s Establishment Agreement, its mission and its mandate.

The bank maintained that it’s business profile remains robust, underpinned by strong shareholder relationships and the legal protections embedded in its Establishment Agreement, signed and ratified by its member states.

Reuters, in an additional report , said that Afreximbank has been in a battle over whether it must take losses on loans to debt-defaulted countries, including Ghana and Zambia, which turns on whether it enjoys so-called “preferred creditor status”.

Fitch cut Afreximbank’s credit rating to one notch above “junk” status last year, citing high credit risks and weak risk-management policies, and put it on a “negative outlook” – rating agency terminology for another downgrade warning.

It has also said that any ‌weakening of preferred creditor status at institutions like Afreximbank “could lead to negative rating action.”


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Data Centers Attract $270bn Investments in 2025 — Unctad

France, the United States and the Republic of Korea led as host countries, while emerging markets such as Brazil, India, Thailand and Malaysia also attracted major projects.

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Image credit : Unctad

UN Trade and Development has reported that out of $1.6 trillion global foreign direct investment (FDI) in 2025, data centres attracted more than one fifth of global greenfield projects, with announced investment exceeding $270 billion.

In the report published this week on its website, Unctad, said that the demand for data centers investment was driven by AI infrastructure and digital networks.

The report reads:

” France, the United States and the Republic of Korea led as host countries, while emerging markets such as Brazil, India, Thailand and Malaysia also attracted major projects.

Similarly, the value of newly announced semiconductor projects rose by 35%.

By contrast, project numbers fell sharply by 25% in tariff-exposed, global value chain-intensive sectors.

Textiles, electronics and machinery were particularly affected.

While investment in technology-driven, capital-intensive projects lifts overall FDI figures, flows remain highly concentrated and generate limited spillovers.

Policies should aim to link digital infrastructure investment more closely to skills development, innovation systems and local value creation.

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Tony Elumelu Becomes Seplat Energy’s Non-Executive Director

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Seplat Energy Plc has appointed Tony O. Elumelu, the renowned Nigerian businessman and chairman of Heirs Holdings and United Bank for Africa (UBA), as a Non-Executive Director on its board with effect from January 22, 2026.

The appointment comes shortly after Elumelu’s investment entities, Heirs Holdings Limited and Heirs Energies Limited, acquired a 20.07% stake in Seplat Energy from French oil company Maurel & Prom (M&P) in a December 2025 transaction valued at approximately $500 million.

The deal positioned Heirs as the company’s largest single shareholder.In a related board change, Seplat announced the resignation of Mr. Olivier Cleret De Langavant, who had represented M&P as a Non-Executive Director since January 2020.

Both the appointment and resignation were disclosed in a filing to the Nigerian Exchange Limited.

Elumelu brings deep expertise in energy, banking, power generation, and pan-African investments.

His entry to the board is widely seen as a strategic move to support Seplat’s long-term growth ambitions and further strengthen indigenous participation in Nigeria’s upstream oil and gas industry.

The leadership transition underscores Seplat Energy’s evolving ownership structure and its continued focus on operational excellence and value creation in Africa’s energy sector.

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