 More than two billion phones are produced every year. Only five factories can recycle those they replace, but none of these are in Africa. For a continent with an explosive growth of the mobile industry, this creates a serious problem. Millions of phones become obsolete with no way to recycle them. Closing the loop empowers local partners to actively participate in a value chain. We buy scrap phones and ship them to Europe for proper recycling. Not only does this prevent environmental damage, but it fills a gap in the circular economy, which is about bringing resources back into the value chain instead of to the landfill. We are currently active in more than 10 African countries, from Guinea to Ghana, from Cameroon to Zambia, and we're actively expanding in the region. We support our local partners to help them grow their business and expand their business expertise. With a growing number of partners, we've now collected over one million scrap phones, and we've enabled over 2,000 people to financially benefit. Something to celebrate, for example in Cameroon, our partner achieved a great milestone. But this is just the beginning. We have a long way to go before phones become truly circular. With your help and the help of governments, the public and companies, we can work towards a world we all believe in, a world where waste is not wasted.