{"id":19261,"date":"2024-03-18T15:39:12","date_gmt":"2024-03-18T15:39:12","guid":{"rendered":"https:\/\/chartercitiesinstitute.org\/?p=19261"},"modified":"2024-03-18T15:39:16","modified_gmt":"2024-03-18T15:39:16","slug":"charter-cities-institute-and-cps-live-ltd-join-forces-to-propel-fumba-town-into-fumba-city","status":"publish","type":"post","link":"https:\/\/chartercitiesinstitute.org\/press-releases\/charter-cities-institute-and-cps-live-ltd-join-forces-to-propel-fumba-town-into-fumba-city\/","title":{"rendered":"Charter Cities Institute and CPS Live Ltd Join Forces to Propel Fumba Town into Fumba City"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"19261\" class=\"elementor elementor-19261\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4629153e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4629153e\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6ad51512\" data-id=\"6ad51512\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-46c213da elementor-widget elementor-widget-text-editor\" data-id=\"46c213da\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Kigali, Rwanda<br \/>November 15th, 2023<\/p><p>In a historic move toward sustainable urban development, <a href=\"https:\/\/cps.africa\/\" target=\"_blank\" rel=\"noopener\">CPS Live Ltd<\/a> (CPS) and the <a href=\"https:\/\/chartercitiesinstitute.org\/\">Charter Cities Institute<\/a> (CCI) have formalized their partnership through a Memorandum of Understanding (MOU) signed on November 15, 2023, at the <a href=\"https:\/\/africasnewcitiessummit.com\/\" target=\"_blank\" rel=\"noopener\">Africa\u2019s New Cities Summit<\/a> in Kigali, Rwanda.<\/p><p>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 <a href=\"https:\/\/fumba.town\/\" target=\"_blank\" rel=\"noopener\">modern city boasting a world-class business environment and infrastructure<\/a> \u2013 including \u201cSilicon Zanzibar\u201d \u2013 guided by principles of sustainability and community development.<\/p><p>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&#8217; ecosystem.<\/p><p>The partnership&#8217;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.<\/p><p>&#8220;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,&#8221; said <strong>Milan Heilmann, Project Developer &amp; Manager at CPS Zanzibar<\/strong><\/p><p><strong>Kurtis Lockhart, Executive Director at Charter Cities Institute<\/strong>, also expressed enthusiasm, stating, &#8220;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.&#8221;<\/p><p>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.<\/p><p><strong>For media inquiries, please contact:<\/strong><br \/><strong>Michael Holstein, Head of Communications at CCI<\/strong><br \/><strong>michael@cci.city<\/strong><\/p><hr \/><h5><br \/>About the Charter Cities Institute<\/h5><p><br \/>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\u2019s most pressing challenges: global poverty, rapid urbanization, and conflict and migration caused by poverty, war, and climate change. Charter cities\u2014new cities granted a special jurisdiction to create a new governance system\u2014are 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.<\/p><h5>About CPS<\/h5><p><br \/>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 &amp; 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.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eec9d92 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eec9d92\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d5ee56e\" data-id=\"d5ee56e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6295d5f elementor-widget elementor-widget-image\" data-id=\"6295d5f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"750\" height=\"536\" src=\"https:\/\/chartercitiesinstitute.org\/wp-content\/uploads\/2024\/03\/MOU-w-CPS-2-1024x732.png\" class=\"attachment-large size-large wp-image-19276\" alt=\"\" srcset=\"https:\/\/chartercitiesinstitute.org\/wp-content\/uploads\/2024\/03\/MOU-w-CPS-2-1024x732.png 1024w, https:\/\/chartercitiesinstitute.org\/wp-content\/uploads\/2024\/03\/MOU-w-CPS-2-300x214.png 300w, 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style=\"width:100%;height:71.45%;max-width:2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Kigali, RwandaNovember 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&hellip; <a class=\"more-link\" href=\"https:\/\/chartercitiesinstitute.org\/press-releases\/charter-cities-institute-and-cps-live-ltd-join-forces-to-propel-fumba-town-into-fumba-city\/\">Continue reading <span class=\"screen-reader-text\">Charter Cities Institute and CPS Live Ltd Join Forces to Propel Fumba Town into Fumba City<\/span><\/a><\/p>\n","protected":false},"author":15,"featured_media":19262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[49],"tags":[],"coauthors":[45],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Charter Cities Institute and CPS Live Ltd Join Forces<\/title>\n<meta name=\"description\" content=\"In a historic move toward sustainable urban development, CPS and CCI have formalized their partnership through an MOU signing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/chartercitiesinstitute.org\/press-releases\/charter-cities-institute-and-cps-live-ltd-join-forces-to-propel-fumba-town-into-fumba-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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