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Africa 118
Funding News

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

Funding Must Read News

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

Funding News

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
Funding Must Read News

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

Featured Funding Must Read

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),

Madeg Partnership
Funding Must Read News

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

Featured Funding Must Read

In Stock Markets, Giants Roam; in Crowdfunding, Startups Are Born

Addis Ababa, Ethiopia  Since the news of the establishment of the capital market in Ethiopia was first announced, there has

Electric Vehicles (EVs) Funding Must Read News

Addis Ababa-based EV Startup Dodai Raises $4 Million in Series A Funding

Dodai, an Addis Ababa-based electric vehicle (EV) startup, has secured $4 million in its Series A round, marking one of

Funding News

Ethiopian Software Development firm Addis Software Secures Investment from Japanese VC, ICJ

Addis Software, a software development company focusing on custom software solutions, mobile apps, and web development, has announced a capital

Funding Must Read News

Ethiopian Startups, SMEs Receive $150,000 in Grants Preparing Them for Investment Readiness

The Innovative Finance Lab (IFL), funded by GIZ, has awarded $150,000 in grants to 30 startups and small and medium-sized