Is Japan Becoming Ethiopia’s Startup Ecosystem Unlikely Hero?
Ethiopian startups have secured $11 million in funding over the past two years from Japanese venture capital firms (VCs). This influx of capital from a single source outpaces investment currently flowing into Ethiopia's startup ecosystem from other VC streams.
Additionally, over $10 million is slated for investment in the coming year. Why are Japanese VC firms increasingly eyeing Ethiopia?
https://shega.co/post/japan-venture-capital-vc-ethiopia-startups/
@shegahq
Ethiopian startups have secured $11 million in funding over the past two years from Japanese venture capital firms (VCs). This influx of capital from a single source outpaces investment currently flowing into Ethiopia's startup ecosystem from other VC streams.
Additionally, over $10 million is slated for investment in the coming year. Why are Japanese VC firms increasingly eyeing Ethiopia?
https://shega.co/post/japan-venture-capital-vc-ethiopia-startups/
@shegahq
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 producing biofertilizers.
https://shega.co/post/thur-biotech-secures-172k-usaid-catalyze-grant/
@shegahq
Thur Biotech, an Ethiopian biotechnology firm, has secured 172,000 dollars in grants from USAID CATALYZE for its innovative approach to producing biofertilizers.
https://shega.co/post/thur-biotech-secures-172k-usaid-catalyze-grant/
@shegahq
Did you know AI is replacing 85million jobs? But it is also creating 97million new ones.
Now is the time to skill yourself and not be left behind.
So we've partnered with Microsoft and O'Reilly to bring you the right AI skills.
Get skilled. And earn badges to add to your CVs.
Learn more at: https://gebeya.com/mslearnai/
Partner Content
Now is the time to skill yourself and not be left behind.
So we've partnered with Microsoft and O'Reilly to bring you the right AI skills.
Get skilled. And earn badges to add to your CVs.
Learn more at: https://gebeya.com/mslearnai/
Partner Content
Kenyan Insurtech Pula Makes First payout of 39 million Br for Ethiopian smallholder Farmers
Kenyan Insurtech firm Pula has made its first payout of 39.4 million birr to 51,000 smallholder farmers in Ethiopia.
https://shega.co/post/kenyan-insurtech-pula-makes-first-payout-of-39-million-br-for-ethiopian-smallholder-farmers/
@shegahq
Kenyan Insurtech firm Pula has made its first payout of 39.4 million birr to 51,000 smallholder farmers in Ethiopia.
https://shega.co/post/kenyan-insurtech-pula-makes-first-payout-of-39-million-br-for-ethiopian-smallholder-farmers/
@shegahq
Addis Ababa Close to Joining Billion-Dollar Timbuktu Startup Initiative
Addis Ababa is inching closer to becoming the ninth hub of UNDP’s Timbuktu Initiative, a pan-African program with a one-billion-dollar innovation fund to empower startups.
https://shega.co/post/addis-ababa-close-to-joining-billion-dollar-timbuktu-startup-initiative/
@shegahq
Addis Ababa is inching closer to becoming the ninth hub of UNDP’s Timbuktu Initiative, a pan-African program with a one-billion-dollar innovation fund to empower startups.
https://shega.co/post/addis-ababa-close-to-joining-billion-dollar-timbuktu-startup-initiative/
@shegahq
Reach for Change, IKEA Foundation to Incubate Green Entrepreneurs
Reach for Change and the IKEA Foundation are teaming up to support young Ethiopian entrepreneurs who are building businesses that reduce waste and promote a circular economy.
https://shega.co/post/reach-for-change-ikea-foundation-to-incubate-green-entrepreneurs/
@shegahq
Reach for Change and the IKEA Foundation are teaming up to support young Ethiopian entrepreneurs who are building businesses that reduce waste and promote a circular economy.
https://shega.co/post/reach-for-change-ikea-foundation-to-incubate-green-entrepreneurs/
@shegahq
Kezyas Provides Step-by-Step Guides for Ethiopian Bureaucracy
In Ethiopia, obtaining government services often requires patience and time. Limited access to clear and up-to-date information often forces people to rely on those who have already navigated the system. A new startup aims to bridge this gap, acting as "The Guide" to simplify such processes.
https://shega.co/post/kezyas-provides-step-by-step-guides-for-ethiopian-bureaucracy/
@shegahq
In Ethiopia, obtaining government services often requires patience and time. Limited access to clear and up-to-date information often forces people to rely on those who have already navigated the system. A new startup aims to bridge this gap, acting as "The Guide" to simplify such processes.
https://shega.co/post/kezyas-provides-step-by-step-guides-for-ethiopian-bureaucracy/
@shegahq
Kubik Gets Fresh $1.9 million Funding
Sustainable tech startup Kubik announces raising an additional funding of 1.9 million dollars in seed extension.
https://shega.co/post/kubik-gets-fresh-1-9-million-funding/
@shegahq
Sustainable tech startup Kubik announces raising an additional funding of 1.9 million dollars in seed extension.
https://shega.co/post/kubik-gets-fresh-1-9-million-funding/
@shegahq
Mobile banking has become Ethiopia's leading digital transaction channel, while mobile money is on the rise.
Check out the latest visual by AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative for bolstering the accessibility of information on DFS (digital financial services) in Ethiopia.
@shegahq
Check out the latest visual by AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative for bolstering the accessibility of information on DFS (digital financial services) in Ethiopia.
@shegahq
Ethiopia Launches National Geospatial Data Platform
The Ethiopian Space Science and Geospatial Institute (SSGI) has launched a new geospatial content management platform, facilitating the management and publication of geospatial data, as well as the deployment of spatial data infrastructure (SDI).
https://shega.co/post/ethiopia-launches-national-geospatial-data-platform/
@shegahq
The Ethiopian Space Science and Geospatial Institute (SSGI) has launched a new geospatial content management platform, facilitating the management and publication of geospatial data, as well as the deployment of spatial data infrastructure (SDI).
https://shega.co/post/ethiopia-launches-national-geospatial-data-platform/
@shegahq
3.2 Million Microfinance Borrowers to Receive Digital IDs
Local business outsourcing and software company, Africom Technologies, is working to register 3.2 million microfinance institution (MFI) borrowers for the Fayda Digital ID.
https://shega.co/post/ethiopia-3-2-million-microfinance-borrowers-to-get-national-id/
@shegahq
Local business outsourcing and software company, Africom Technologies, is working to register 3.2 million microfinance institution (MFI) borrowers for the Fayda Digital ID.
https://shega.co/post/ethiopia-3-2-million-microfinance-borrowers-to-get-national-id/
@shegahq
Addis Ababa to Administer Grade 12 National Exams Online
Addis Ababa has been selected as one of the pilot cities to conduct the grade 12 national university entrance exams online.
https://shega.co/post/addis-ababa-to-administer-grade-12-national-exams-online/
@shegahq
Addis Ababa has been selected as one of the pilot cities to conduct the grade 12 national university entrance exams online.
https://shega.co/post/addis-ababa-to-administer-grade-12-national-exams-online/
@shegahq
Enechawet Games Plows New Ground with Liku
Local gaming studio Enechawet Games launches Liku, an agricultural gamified education platform that equips players with knowledge about soil erosion and conservation.
https://shega.co/post/enechawet-games-plows-new-ground-with-liku/
@shegahq
Local gaming studio Enechawet Games launches Liku, an agricultural gamified education platform that equips players with knowledge about soil erosion and conservation.
https://shega.co/post/enechawet-games-plows-new-ground-with-liku/
@shegahq
Application Opens for $100,000 GoGettaz Agripreneur Competition
The 2024 GoGettaz Agripreneur Competition is now open, inviting African agrifood entrepreneurs across the continent to showcase their startup ventures.
https://shega.co/post/application-opens-for-100000-gogettaz-agripreneur-competition/
@shegahq
The 2024 GoGettaz Agripreneur Competition is now open, inviting African agrifood entrepreneurs across the continent to showcase their startup ventures.
https://shega.co/post/application-opens-for-100000-gogettaz-agripreneur-competition/
@shegahq
The Ministry of Innovation & Technology, FAO Office of Innovation, Salesforce, the Digital Public Goods Alliance, and UNOICT have teamed up to present the Reboot the Earth Ethiopia Hackathon.
The event unites a diverse group of innovators to develop technological solutions that address the climate crisis and sustainable development challenges.
Participants will leverage open data, AI, Salesforce tools, and other resources to develop solutions with local impact and global reach.
The winning team will receive financial support of up to $10,000. Additionally, a representative from the winning team will have the opportunity to travel to New York.
Sign up for our the 2-day Hackathon!
Click here to register:
https://docs.google.com/forms/d/e/1FAIpQLSchWrsslBYCxbBvrIZZ0Vk9tH_bv_lKnvujyLghToORgToFCw/viewform
The event unites a diverse group of innovators to develop technological solutions that address the climate crisis and sustainable development challenges.
Participants will leverage open data, AI, Salesforce tools, and other resources to develop solutions with local impact and global reach.
The winning team will receive financial support of up to $10,000. Additionally, a representative from the winning team will have the opportunity to travel to New York.
Sign up for our the 2-day Hackathon!
Click here to register:
https://docs.google.com/forms/d/e/1FAIpQLSchWrsslBYCxbBvrIZZ0Vk9tH_bv_lKnvujyLghToORgToFCw/viewform
Ethiopian Embassy Links Diaspora to Fund Local Startups via Bantaba
The Embassy of Ethiopia in Sweden, in partnership with Bantaba, a platform connecting African startups with the diaspora, is working to mobilize funding for local startups from the Ethiopian community in the Nordic region.
https://shega.co/post/ethiopian-embassy-links-diaspora-to-fund-local-startups-via-bantaba/
@shegahq
The Embassy of Ethiopia in Sweden, in partnership with Bantaba, a platform connecting African startups with the diaspora, is working to mobilize funding for local startups from the Ethiopian community in the Nordic region.
https://shega.co/post/ethiopian-embassy-links-diaspora-to-fund-local-startups-via-bantaba/
@shegahq
Safaricom Ethiopia Open to Listing on Ethiopian Securities Exchange
Safaricom has expressed openness to listing Safaricom Ethiopia on the Ethiopian Securities Exchange in the future.
https://shega.co/post/safaricom-ethiopia-open-to-listing-on-ethiopian-securities-exchange/
@shegahq
Safaricom has expressed openness to listing Safaricom Ethiopia on the Ethiopian Securities Exchange in the future.
https://shega.co/post/safaricom-ethiopia-open-to-listing-on-ethiopian-securities-exchange/
@shegahq
Gebeya has partnered with JICA and Safaricom Ethiopia to provide top-notch tech training courses through the Safaricom Talent Cloud.
Potential trainees can now sign up for exclusive early access before its launch here: safet.gebeya.com
Partner Content
Potential trainees can now sign up for exclusive early access before its launch here: safet.gebeya.com
Partner Content
Mastercard Foundation, Kifiya Partner on $100 Million Initiative to Unlock Finance for MSEMs in Ethiopia
The Mastercard Foundation, in partnership with Kifiya Financial Technology, launches a $100 million program that aims to make uncollateralized digital credit the new normal for micro, small, and medium enterprises (MSMEs).
https://shega.co/post/mastercard-foundation-kifiya-partner-on-100-million-initiative-to-unlock-finance-for-msems-in-ethiopia/
@shegahq
The Mastercard Foundation, in partnership with Kifiya Financial Technology, launches a $100 million program that aims to make uncollateralized digital credit the new normal for micro, small, and medium enterprises (MSMEs).
https://shega.co/post/mastercard-foundation-kifiya-partner-on-100-million-initiative-to-unlock-finance-for-msems-in-ethiopia/
@shegahq
$55 Million Investment to Empower Ethiopia with Security Printing
Toppan Gravity Ethiopia (TG), a joint venture formed between the Ethiopian government and Japanese conglomerate Toppan Gravity, has kicked off the construction of a security printing facility in Bole Lemi Industrial Park.
https://shega.co/post/ethiopia-invests-55-million-in-security-printing/
@shegahq
Toppan Gravity Ethiopia (TG), a joint venture formed between the Ethiopian government and Japanese conglomerate Toppan Gravity, has kicked off the construction of a security printing facility in Bole Lemi Industrial Park.
https://shega.co/post/ethiopia-invests-55-million-in-security-printing/
@shegahq