What CPS does

CPS Africa (legal entity CPS Zanzibar Ltd.) is a privately held, German-founded family-owned real estate developer headquartered in Fumba Town, Zanzibar, with a regional office in Nairobi. The company specializes in large-scale, master-planned urban development on Zanzibar's West Coast, anchored by Fumba Town — a 149-acre integrated community planned for 5,000 residential units, a 1.5 km seafront promenade, hospitality, retail, and healthcare amenities. Core products span affordable studios (CheiChei Living from ~$50,900) through mid-tier apartments (Mwangani, Moyoni Bay), to luxury villas (Fumba Horizon, Bustani Villas) and the flagship Burj Zanzibar — a planned 27-storey hybrid timber tower marketed as the world's tallest.

The company's underlying technology is Cross Laminated Timber (CLT) and hybrid mass-timber construction, paired with passive climate-control design (sun-shading and cross-ventilation). It sources buyers internationally through a network of 50+ sales advisors across 10+ countries, organized investor trips, and a digital reservation/contract/payment flow on cps.africa. Revenue is generated via off-plan property sales with milestone-based payment plans, supplemented by recurring Town Operations Company (TOC) management fees and annual common-area fees (~$1.1/sqm/month). Customer segments include international property investors (with ZIPA-backed residency for purchases above $100,000), Tanzanian diaspora buyers (now served via a TCB financing partnership), and affluent lifestyle buyers. Strategic partnerships with Canopy by Hilton, Valor Hospitality, and Sauti za Busara extend the development into hospitality and recurring community revenue.

Name

CPS

Legal name

CPS Zanzibar Ltd.

Website

https://cps.africa

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Short description

CPS Africa is a German-Tanzanian family-owned real estate developer building the 149-acre Fumba Town master-planned community and other CLT timber developments in Zanzibar, selling off-plan residential units to international investors, diaspora buyers, and lifestyle buyers across 10+ countries.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Rental and Leasing Services (532)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Owner Services, Reporting & Portfolio Administration (THAMAKAI), Mixed-Use Property Management (BPAJAGAE)

Keywords

• Real estate development
• Residential property sales
• Sustainable timber construction
• Property management services
• Integrated community development

Headquarters

HQ city

Zanzibar

HQ country

Tanzania

HQ region

Africa

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Sales: One-time sales of residential properties (apartments, villas, townhouses) across multiple developments in Zanzibar. Properties sold off-plan with payment plans tied to construction milestones. Revenue recognized upon property handover.
2. Property Management Services: Town Operations Company (TOC) provides property management, rental schemes, and letting services for property owners. Management fees are revenue-share based on rental income.
3. Annual Town Operations Fees: Annual fees collected from property owners for maintenance of common areas, infrastructure, security, waste management, utilities provision, and community management.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

CPS Africa develops, sells, and manages residential real estate in Zanzibar, Tanzania, including apartments, villas, townhouses, and mixed-use properties across the Fumba Town master-planned community and other developments. The company constructs properties using Cross Laminated Timber (CLT) and hybrid timber construction technology for sustainable urban development, and provides property management, rental, and consulting services through its Town Operations Company (TOC).

Product overview

CPS is a real estate development company specializing in large-scale urban projects in Tanzania, primarily Zanzibar. The company operates as a portfolio of distinct residential developments under the Fumba Town master-planned community umbrella, including The Soul (residential resorts), Burj Zanzibar (luxury timber tower), and various neighborhood products (Mwangani, Moyoni Bay, Vizazi, Bustani, CheiChei, Fumba Horizon). The portfolio ranges from affordable studio apartments to luxury villas, all emphasizing sustainable timber construction and community-centric design. Property management is handled by the Town Operations Company (TOC), with additional hospitality services and investment trip programs supporting the residential offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Fumba Town Zanzibar's first fully integrated residential development and master-planned community on 149 acres, featuring apartments, villas, townhouses, commercial spaces, healthcare, shopping, dining, leisure facilities, and a 1.5 km seafront promenade. Over 700 units completed and 500+ under construction as of December 2024.
• Burj Zanzibar The world's tallest hybrid timber tower at 27 storeys, featuring a three-dimensional facade with extruded pods, private residences, and a spacious pool area offering 360-degree views of the Indian Ocean. Starting at $152,900 USD.
• The Soul Fumba A residential resort and oasis in Zanzibar's tropical paradise within Fumba Town, thoughtfully designed for both quick getaways and extended retreats. Features optional furniture packages and fully equipped kitchens. Starting at $149,900 USD.
• The Soul Paje A residential resort on Zanzibar's East Coast surrounded by lush greenery and the Indian Ocean breeze, featuring spacious apartments with access to resort facilities. All properties sold out.
• Paje Square A landmark mixed-use development in Paje Village on Zanzibar's East Coast, offering residences, boutique retail, restaurants, and cafes steps from palm-lined beaches and turquoise waters. Starting at $164,000 USD.
• Mwangani Apartments Apartments nestled among lush greenery within Fumba Town, offering views over treetops to the Indian Ocean. Features studios to 3-bedroom residences in 4-5 storey buildings with functional design and cosmopolitan elegance. Starting at $86,280 USD.
• Mwangani Skylofts Premium 1-bedroom apartments located atop existing Mwangani buildings, featuring spacious shared rooftop terraces and panoramic ocean views. Built in modern engineered timber with CLT construction. Starting at $224,900 USD.
• Moyoni Bay A residential cluster within Fumba Town designed to foster a vibrant community, featuring timber-built apartments surrounded by lush green landscape with pools and water features. Emphasizes sustainability through passive sun-shading and cross-ventilation. Starting at $160,900 USD.
• Vizazi Oasis Timber-based homes offering bespoke coastal living with flexible layouts and customizable spaces, featuring home-office adaptability. Available as row houses and corner houses. Starting at $279,900 USD.
• Fumba Horizon Luxury seaside villas within Fumba Town designed to capture Zanzibar's natural beauty and coastal breezes. Features private pools, lush gardens, sweeping ocean views, available as two-story or rooftop terrace villas. Starting at $419,900 USD.
• Bustani Villas An exclusive upmarket neighborhood within Fumba Town offering high-quality 3 to 5-bedroom villas set in lush parkland. Features spacious layouts, modern finishes, private parking, and access to private swimming pools. Starting at $456,900 USD.
• CheiChei Living A community-focused residential development offering a safe and welcoming environment for families, with modern, clean, and healthy living spaces designed for all ages. Includes both residential units and commercial DUKA shops. Starting at $50,900 USD.
• Property Management Services (Town Operations Company) Full-service property management, rental schemes, and letting services for property owners through the Town Operations Company (TOC). Includes maintenance of common areas, infrastructure, security, waste management, utilities provision, and community management, with annual fees of approximately 1.1 USD/sqm/month.
• Investor Trips Organized 3-4 day investment trips to Zanzibar offering guided property tours, sunset cruises, excursions, accommodation, meals, transfers, and investment itinerary consultations. Priced at $550-$875 per person.

Quantifiable outcome

• 15% annual tourism growth supporting rental demand
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core, flagship and major.

• TCB (Tanzania Commercial Bank)coreStrategic or Co-development Partner · 6 June 2026TCB and CPS Africa partnership opens new chapter for diaspora home ownership. The partnership enables Tanzanian diaspora and foreign nationals to access financing for property purchases in Zanzibar developments.
• Sauti za Busara / BusaraflagshipStrategic or Co-development Partner · 6 February 2026Five-year partnership agreement where Fumba Town provides core funding for the Sauti za Busara international music festival, one of East Africa's premier cultural events.
• Town Operations Company (TOC)coreStrategic or Co-development PartnerTOC handles all town and property management for CPS Africa developments including maintenance, security, utilities, waste management, and rental services for property owners.
• Canopy by HiltonflagshipStrategic or Co-development PartnerDevelopment of a Canopy by Hilton boutique hotel within Fumba Town, bringing international hospitality standards to the development.
• Valor HospitalitymajorStrategic or Co-development PartnerPartnership for hospitality management services at Fumba Town properties.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Aldar Properties: Aldar is a UAE-listed developer of large master-planned communities (e.g., Saadiyat, Yas, Alghadeer) with integrated hospitality and recurring asset management. Comparable to CPS on master-planning, hospitality tie-ups, and recurring community-fee revenue.
• Emaar Properties: Emaar is a global real estate developer (Burj Khalifa, Downtown Dubai, Emaar Beachfront) with branded residences, hospitality, and master-planned communities. Relevant as a broad incumbent with a comparable playbook of mixing luxury branded residences, hospitality (Hilton/Address), and integrated community management.
• Pam Golding Properties: Pam Golding is one of Africa's largest real estate agencies with cross-border residential sales across Africa and select international markets. Overlaps with CPS in international buyer intermediation, residency-linked sales, and Africa-wide residential brokerage.

Regional players

• Hass Consult: Hass Consult is a leading Kenyan real estate company offering property sales, valuation, and management. It overlaps with CPS's agent-driven sales model and property management layer (TOC) in the broader East African market.
• Two Rivers Development: Two Rivers is a large mixed-use development in Nairobi combining apartments, retail, and offices. Comparable to Fumba Town in mixed-use scope and East African location, though more urban than coastal/tourism-driven.
• Konza Technopolis Development Authority: Konza is Kenya's planned smart city, a publicly driven master-planned development with a dedicated regulatory authority. Relevant to CPS as a comparable large-scale, government-supported new-city project in East Africa.

Emerging players

• Tilal City (Qatari Diar / Al Sawari): Tilal City is a large Bahraini master-planned community developed with Qatari Diar, combining residential, retail, and hospitality on a greenfield coastal site. Conceptually analogous to Fumba Town as a greenfield, mixed-use, tourism-adjacent master plan.

Direct peers

• Rendeavour: Rendeavour is Africa's largest new-city builder, developing master-planned communities in Kenya (Tatu City area), Nigeria, Zambia, and DRC. It is the most direct comparable to CPS in terms of large-scale, mixed-use, greenfield urban development targeted at middle-class African and international buyers.
• Tatu City: Tatu City is a 5,000-acre Special Economic Zone in Kenya delivering mixed-use residential, commercial, and industrial development. It is structurally analogous to CPS's Fumba Town in scale, regulatory framework (SEZ), and buyer mix.
• Mi Vida Homes: Mi Vida Homes is a Kenyan master-planned residential developer targeting middle-income and diaspora buyers with modern, amenitized housing. It mirrors CPS's segmentation of buyers, payment-plan-driven sales, and focus on East African urban expansion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cpslive
• Facebookfacebook.com/CPSzanzibar
• LinkedInlinkedin.com/company/cps-tanzania
• Instagraminstagram.com/cps.africa

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CPS