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The Startup Ecosystem of Addis Ababa

Home to 97% of Ethiopia’s startups, Addis Ababa has a vibrant startup ecosystem that is ranked 328 in the world.

CITY RANKING

In 2024, the startup scene of Addis Ababa developed considerably and increased in the Global Ecosystem Index by 89 spots.

National Ranking

1st
0
In Ethiopia

Regional Ranking

4th
+
1
In Eastern Africa

Global Ranking

328th
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89
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Addis Ababa Top Startup Industries

Foodtech icon
Foodtech
#86 worldwide

5 startups

Transportation icon
Transportation
#159 worldwide

6 startups

Fintech icon
Fintech
#162 worldwide

13 startups

Ecosystem HealthCheck

Addis Ababa Ecosystem Health Check

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...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global328194024

ECOSYSTEM

Browse the startup ecosystem database of Addis Ababa

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Startup Ecosystem Charts

Startup Funding in Addis Ababa2017 - 2024

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.

Ecosystem

The Startup Ecosystem in Addis Ababa

Startups in Addis Ababa excel in Foodtech, Transportation, and and Fintech. There are some notable success stories contributing to the city’s growing Foodtech industry. One of the most promising startups in Addis Ababa in 2024 is Chapa, EthioChicken, and Gebeya.

Global Rank

Addis Ababa is ranked within the top 400 startup ecosystems globally.

Top Industries

Addis Ababa’s startups excel particularly in Foodtech where it ranks 86 and in Transportation, and Fintech. Find out more

Top Cities for Startups in Ethiopia - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score
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Quantity Score
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Quality Score
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Business Score
No Data Available
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Download CSV file
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Startups

Notable Startups in Addis Ababa
Chapa startup icon
Chapa
EthioChicken startup icon
EthioChicken
Gebeya startup icon
Gebeya

ECOSYSTEM

Why should you join Addis Ababa's Startup Ecosystem?

Overview

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.

1st

National Rank

4th

Regional Rank

Overview

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.

ECOSYSTEM
Startup Infrastructure in Addis Ababa
With a large variety of initiatives, Addis Ababa's startup ecosystem stands out from other cities in Eastern Africa. Addis Ababa offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Addis Ababa's most prominent support initiatives:

BLOG

Recent Posts

Mon Apr 14 2025

From Service-Based to Product-Based Economy – Lessons from North Macedonia

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 […]

Wed Apr 02 2025

Corporate Startup Activity Index 2025

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, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

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 […]