African startups face funding issues


Taking the lead: Workers sort through plastic waste at Kubik’s construction warehouse building in Addis Ababa, Ethiopia. The company is pioneering climate-friendly technology that recycles mountains of plastic waste into concrete blocks. — AFP.

KUBIK is proud of its pioneering, climate-friendly technology that recycles one of the world’s environmental curses – plastic waste – into construction blocks.

But for the award-winning Ethiopian startup to achieve lift-off has been no easy task. It has had to fight tooth and nail to raise funds, says its youthful boss.

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