Home to 97% of Ethiopia’s startups, Addis Ababa has a vibrant startup ecosystem that is ranked 328 in the world.
In 2024, the startup scene of Addis Ababa developed considerably and increased in the Global Ecosystem Index by 89 spots.
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The health check tables allow you to look at the performance Addis Ababa has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Startup Funding in Addis Ababa 2017 - 2024
From 2022 to 2023, startup funding in Addis Ababa has remained stable%. During this period, the number of deals in Addis Ababa has remained stable%. Since 2017, total startup funding in Addis Ababa exceeded US$ $0.00.
Addis Ababa is ranked within the top 400 startup ecosystems globally.
Addis Ababa’s startups excel particularly in Foodtech where it ranks 86 and in Transportation, and Fintech. Find out more
Within Addis Ababa there is an increased attraction for entrepreneurs to set up their startups in industries such as Foodtech, Transportation, Fintech. These three industries represent about 33% of the startups represented on the Startup Ecosystem Map of Addis Ababa.
Addis Ababa is Ethiopia's 1st best startup ecosystem and is ranked 4th in Eastern Africa. With a population of 2M - 10M people, Addis Ababa is ranked 328th in the world. The city has some notable startup success stories including Chapa.
In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]
For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]