Funding

Ethiopian Social Buying Platform ChipChip Secures 30 Million Birr in Grant

ChipChip, a social buying platform that connects customers directly to farmers, bypassing traditional supply chains and allowing group purchase has

Development Bank of Ethiopia to Disburse $43M for Youth, SME Support

Capping more than a year of collaboration Ethiopia’s policy bank, the Development Bank of Ethiopia (DBE) has partnered with the

Africa 118 Lands GSMA Innovation Fund for Third Time

Africa 118, a digital marketing and information service provider headquartered in Ethiopia, has secured funding from the GSMA Innovation Fund

Bantaba, Ethiopian Embassy Announce Partnership to Mobilize Global Capital into Ethiopian Startups

The Embassy of Ethiopia in Sweden and Bantaba, a platform connecting African startups with the diaspora, are working to mobilize

Kubik Gets Fresh $1.9 Million Funding

Sustainable tech startup Kubik announces raising an additional funding of 1.9 million dollars in seed extension. This latest funding round

Thur Biotech Secures $172K USAID CATALYZE Grant

Thur Biotech, an Ethiopian biotechnology firm, has secured 172,000 dollars in grants from USAID CATALYZE for its innovative approach to

Is Japan Becoming Ethiopia’s Startup Ecosystem Unlikely Hero?

Earlier this month, a high-profile delegation of 12 Japanese investors visited Ethiopia. Led by Yasuhiro Yoshizawa of Inclusion Japan (ICJ),

Ethiopian Investment Firms form Alliance to Connect Local Startups with Global Investors

Five Ethiopian investment firms have come together to establish the Madeg Partnership, which aims to source investment opportunities on behalf