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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

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

VC in Ethiopia
Funding Must Read News

Ethiopia Welcomes VC-Backed Incubator Weventure

WeVenture, a newly established local venture capital-backed incubator, has officially opened its doors. Supported by a coalition of successful local

Jami.one
Funding News

Jamii.one Secures Investment from Renew Capital Angels

Africa-focused impact investment firm Renew Capital announced its angel investors’ investment in Jamii.one, a micro-insurance startup that aims to improve

Funding Must Read News

beU Delivery Raises $300,000 from Chinese Accelerator

beU Delivery, one of the largest food delivery platforms in Ethiopia, has raised $300,000 from the China-based accelerator MiraclePlus (formerly

Funding Must Read News

African VC, Jaza Rift Ventures backs YeneHealth as Lead Investor in Pre-Seed Round

Ethiopian femtech startup YeneHealth has announced Jaza Rift Ventures (JRV), a Nairobi-based health-tech-focused venture capital firm, has joined the company

Funding News

Maleda Innovative Financing Unlocks 1 Million Birr in Collateral-Free Loans for Startups, SMEs

Maleda, a collaborative initiative between Sumuni Creative Solutions, Partnership for Change, and Amhara Bank, is aiming to support startups and