Kubik, an Ethiopian startup that recycles plastic waste into sustainable building materials, has partnered with the Industrial Parks Development Corporation to establish a recycling plant, backed by investment from Satgana.

Target Information

Kubik is an innovative startup based in Ethiopia that specializes in converting difficult-to-recycle plastic waste into sustainable, low-cost building materials. The company employs advanced technology to recycle and repurpose plastic waste, creating eco-friendly, durable construction solutions aimed at addressing the growing need for affordable housing and infrastructure in underprivileged communities. Kubik’s product line includes a variety of structures such as schools, clinics, affordable housing, storage units, public restrooms, paving blocks, and fencing materials.

Founded by Kidus Asfaw and Penda Marre, Kubik seeks to provide environmental dignity while responding to the challenges posed by rapid urbanization in Africa. With a significant rise in the continent’s population, their mission is pivotal in transforming the construction landscape in Ethiopia and beyond, while simultaneously reducing waste and carbon emissions by utilizing recycled materials.

Industry Overview

Africa is experiencing a significant rate of urbanization, with the number of cities doubling since 1990 and a cumulative increase of 500 million people residing in these urban areas. This urban grow