Essuubi Development PBC
Welcome to Essuubi Development, a Delaware Public Benefit Corporation dedicated to creating affordable and sustainable housing in Africa while providing employment and skills development opportunities to local communities.
The purpose of the Company is to engage in any lawful act or activity for which a company may be organized under the Delaware General Corporation Law (DGCL).
Our mission is to make a positive impact on our owners, employees, clients, communities, and the environment by building affordable, sustainable, and high-quality housing in Zambia. With a goal of addressing Zambia’s need for approximately two million housing units, we will initially seek contracts from government entities and private companies aimed at developing affordable housing for low-income individuals and employees.
Our unique and innovative concrete construction methods will enable us to complete projects faster and build high-quality homes at affordable prices. Our housing construction system consists of four phases, including the construction of reinforced concrete foundation slabs, reinforcement and emptying of the house using the formwork system, roof placement and coarse finishes, and final touches.
The ESSUUBI WAY
Addressing Zambia's housing needs
The housing solutions provided by Essuubi Development will help low and middle-income families in Zambia in need of affordable, safe, and reliable homes.
Competitive skills development
The company will provide employment and skills development opportunities to local communities in Africa.
Locally sourced materials
The majority of materials used for construction will be sourced locally, made from natural and/or recycled materials, or sustainably produced.
Innovative construction method
The company will leverage its unique and innovative concrete construction methods for building houses and apartments in Zambia which will enable the faster completion of projects and building high-quality homes at affordable prices.
Business model
The company's business model will consist of seeking build and development contracts from government entities, such as local municipalities, as well as private companies to develop and build housing units needed for specific projects.
Gradual Expansion
Essuubi Development will focus on developing housing units in Lusaka, the capital and largest city of Zambia, in the first year of its operations and gradually expand its target area to include rural mining districts throughout the country in the next year.