Diligence Brick & Block runs a factory in Ndola, Zambia that was commissioned in October 2014 and has been in continuous operation since then. Diligence produces hollow blocks and paver stones from limestone and cement, supplying the construction industry in the Copperbelt province.
Why construction products, and specifically blocks and pavers? The rapid economic growth of this region has created a shortage of high quality construction materials. Properly engineered blocks made with hydraulic press and pneumatic vibration are particularly hard to come by. By providing another option for local engineers and builders, we are able to remove one constraint on economic growth in the area. We use a labour-intensive operational design to help absorb some of the surplus unskilled labour in Ndola, offering fair compensation in excess of all minimum wages. In this way we provide another indirect stimulus to local economic growth.
After receiving a fair return on our original investment, we hope to reduce our holdings in Diligence Limestone in favour of our local Zambian partners, giving opportunity for the development of Zambian investment capital. In its place, we then hope in the future to recycle our original capital into starting or scaling up other Zambian businesses with local partners.
Diligence Limestone Limited is a private company and we are not looking for additional equity partners at this time. If you'd like other information about this venture, please contact Jerome.
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