The Startup Ecosystem of Ethiopia
Ethiopia has 1 city in the top 1000 and is one of Eastern Africa’s best countries for setting up a startup.
COUNTRY RANKING
Since 2024, Ethiopia lost 8 spots in the Global Startup Ecosystem Index, having now positioned itself as 111th worldwide.
Population
Million
Regional Ranking
In Eastern Africa
Global Ranking
Worldwide
Startups
Ethiopia Top Startup Industries
23 startups
Ecosystem HealthCheck
Ethiopia Ecosystem Health Check
The health check tables allow you to look at the performance Ethiopia 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
ECOSYSTEM
Browse the startup ecosystem database of Ethiopia
Become our Ethiopia Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Ethiopia2017 - 2024
Startup Funding in Ethiopia 2017 - 2024
From 2022 to 2023, startup funding in Ethiopia has remained stable%. During this period, the number of deals in Ethiopia has remained stable%. Since 2017, total startup funding in Ethiopia exceeded US$ $0.00.
Ecosystem
The Startup Ecosystem in Ethiopia
Global Rank
Ethiopia is ranked below the top 1000 startup ecosystems globally.
Top Industries
Ethiopia’s startup scene is best represented in Software & Data, Fintech, and in Ecommerce & Retail.
Top Cities for Startups in Ethiopia - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
No Data Available | ||||||
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 […]