Funding

Ethiopian Freelance Platform Skills.et Raises Seed Investment from Venture Addis

Skills.et functions as an intermediary, facilitating connections between businesses seeking skilled professionals and a diverse pool of Ethiopian freelancers.

Ethiopia’s Startups to Receive $750,000 in Grants at Landmark GRV Summit

The fund, raised through contributions from Ethiopian diaspora communities worldwide, will be distributed to over a dozen startups.

Innovative Finance Lab Selects 20 Ethiopian Enterprises to Receive $100K Grant from GIZ

Kamrach, Ankobot Books & Publishing, Lolite, Lemlem, and Wolfaby are among the enterprises selected to receive the funding.

EDI Launches Women Founders Program

A 2024 report by Disrupt Africa highlights a concerning trend in the gender divide among Africa’s startup founders.

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