A group of entrepreneurs from a green startup in Ethiopia, expanding sustainable solutions beyond the country.
Ethiopia’s Kubik, which specialises in the transformation of hard-to-recycle plastic waste into affordable, low-carbon building materials, is planning to expand into more African countries next year after banking US$5.2 million in seed funding recently. Founded in August 2021 by Kidus Asfaw and Penda Marre, Kubik produces low-carbon, affordable building materials from plastic waste to tackle Africa’s housing and waste crises. Its products cost at least 40 per cent less per square metre than traditional cement-based development, and its low-carbon qualities yield five times less greenhouse gas emissions.