Kigali, Rwanda
November 15th, 2023
In a historic move toward sustainable urban development, CPS Live Ltd (CPS) and the Charter Cities Institute (CCI) have formalized their partnership through a Memorandum of Understanding (MOU) signed on November 15, 2023, at the Africa’s New Cities Summit in Kigali, Rwanda.
Fumba Town, a groundbreaking urban layout established by CPS in the Fumba Free Economic Zone on the growth path of Zanzibar City, is set to undergo a transformative evolution into Fumba City. This expansion aims to create a modern city boasting a world-class business environment and infrastructure – including “Silicon Zanzibar” – guided by principles of sustainability and community development.
CCI will collaborate with CPS in the joint development and governance of Fumba City. This strategic partnership aligns with the shared vision of both organizations to unleash talent, foster economic growth, and generate new job opportunities within the charter cities’ ecosystem.
The partnership’s scope encompasses various activities, including engaging with government officials and stakeholders, allocating staff and financial resources, exchanging knowledge and information, facilitating introductions to key contacts, and supporting master planning and feasibility studies for Fumba City expansion.
“We are excited about the potential of Fumba Town to become a model for sustainability, affordability, and success in Zanzibar. This collaboration with the Charter Cities Institute represents a significant milestone in our commitment to sustainable development and social impact,” said Milan Heilmann, Project Developer & Manager at CPS Zanzibar
Kurtis Lockhart, Executive Director at Charter Cities Institute, also expressed enthusiasm, stating, “This partnership exemplifies the power of collaboration in creating new cities with better rules. Fumba City is poised to be a beacon of success in the charter cities ecosystem, lifting communities and fostering economic prosperity.”
The Parties look forward to a fruitful collaboration that contributes to the growth and development of Fumba City, Zanzibar, Tanzania, East Africa, and the entire continent.
For media inquiries, please contact:
Michael Holstein, Head of Communications at CCI
[email protected]
About the Charter Cities Institute
The Charter Cities Institute empowers new cities with better governance to lift tens of millions of people out of poverty. It was founded on the idea that a fresh approach was necessary to tackle humanity’s most pressing challenges: global poverty, rapid urbanization, and conflict and migration caused by poverty, war, and climate change. Charter cities—new cities granted a special jurisdiction to create a new governance system—are that solution. CCI is building the ecosystem for charter cities by creating legal, regulatory, and planning frameworks needed for rapid urban growth; advising and connecting key stakeholders including governments, new city developers, and multilateral institutions; and, influencing the global agenda through research and partnerships.
About CPS
CPS is a real estate developer that creates large-scale urban developments to provide safe and equitable homes for thousands of families in Tanzania and East Africa. Their goal is to transform lives and empower communities by developing inclusive projects that have a social impact. CPS aims to create homes and communities that are strong, safe, sustainable, and accessible to all. Their aspirational and successful real estate projects add value and help build an environment worth living in. They are proud to support the Zanzibar Ministry of Investment & Economic Development and leading African tech companies in the Silicon Zanzibar initiative. As part of this initiative, they are committed to providing quality spaces for these tech companies in Fumba Town, ensuring that they have the necessary infrastructure to thrive and grow.
