Kidus Asfaw accepted the award for startup of the year at the Global Startup Awards in Copenhagen, Denmark. Kidus Asfaw and Penda Marre founded the Ethiopian-Kenyan company Kubik in 2021, which is a provider of environmental technology with offices in both Ethiopia and Kenya. The company employs cutting-edge technology for recycling and repurposing plastic waste into green, cost-effective, and long-lasting low-carbon building materials. Kubik and the Industrial Parks Development Corporation (IPDC) have reached an agreement for the company to lease space in the Adama Industrial Park to build a waste plastic recycling plant. Through the manufacturing of the construction materials, they hope to recycle about 10,000 tons of plastic waste annually.

Source: Ethiopian News April 05, 2023 12:47 UTC