72 Top startups in Ethiopia for January 2024

We rank EthioChicken, ArifPay and Gebeya in Ethiopia along with 69 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Ethiopia ranks #111 globally and #6 in Eastern Africa.

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Best Startups in Ethiopia for 2024

SB Score:450

EthioChicken is a leading poultry producer in East Africa, specializing in high-quality chicken products. Their innovative approach ensures sustainable farming practices and top-notch customer satisfaction. Join EthioChicken in their mission to provide fresh, delicious poultry to the region.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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SB Score:438

ArifPay is a versatile mPOS system for merchants, banks, and consumers in Ethiopia. Easily transfer money, create invoices, and pay taxes with this electronic payment platform. Simplify your financial transactions with ArifPay.

Industry:
Fintech
Subindustry:
Payments

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:412

Gebeya is an edtech company that provides specialized industry-specific training in software engineering, design, and digital while supporting in the vision and potential of Africans.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:397

BeU Delivery is an innovative app that connects users with a diverse selection of on-demand restaurants and dishes. It enables direct communication with stores, access to online reviews, and browsing of menus and photos, making dining choices easier and more enjoyable than ever.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:369

EthSwitch offers cost-effective, secure, and user-friendly e-payment infrastructure solutions. Enhance your payment process with our streamlined services.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:343

young start-up beverage manufacturer preparing to introduce new and exciting brands to the East African market

Industry:
Foodtech
Subindustry:
Food and Beverage

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Kacha Digital Financial Service provides a range of convenient digital financial solutions, including mobile account opening, bill payments, microcredit, microsaving, mobile money, and microinsurance. Experience seamless transactions and financial management with Kacha.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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ICL exists to contribute to the maintenance and enhancement of the quality of life throughout Ethiopia by encompassing a system of human and physical resource designed to meet the changing health care needs of the population it serves

Industry:
Healthtech
Subindustry:
Medtech

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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10th

Chapa
SB Score:322

Chapa is a financial service and a global data engineering technology-based service provider headquartered in Ethiopia.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Total amount:72

Top 22 Software & Data Startups in Ethiopia for 2024

The top three Software & Data startups in Ethiopia have raised more than USD 3.4M. Ethiopia ranks #84 globally for the Software & Data industry.
SB Score:397

BeU Delivery is an innovative app that connects users with a diverse selection of on-demand restaurants and dishes. It enables direct communication with stores, access to online reviews, and browsing of menus and photos, making dining choices easier and more enjoyable than ever.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:258

iCog Labs is a team of visionary software professionals, dedicated to advancing the frontier of artificial intelligence research and applications and delivering quality products to customers, based in Addis Ababa, Ethiopia.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:215

EPhone is a user-friendly dialer and SMS app that helps users efficiently manage their calls and messages while saving money. With smart notifications and instant package updates, EPhone ensures a seamless communication experience for all users.

Industry:
Software & Data
Subindustry:
Software

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Total amount:22

Top 13 Fintech Startups in Ethiopia for 2024

The top three Fintech startups in Ethiopia have raised more than USD 9.63M. Ethiopia ranks among the top 10 locations in the world for startups in Fintech, holding the 2nd position.
SB Score:438

ArifPay is a versatile mPOS system for merchants, banks, and consumers in Ethiopia. Easily transfer money, create invoices, and pay taxes with this electronic payment platform. Simplify your financial transactions with ArifPay.

Industry:
Fintech
Subindustry:
Payments

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

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SB Score:369

EthSwitch offers cost-effective, secure, and user-friendly e-payment infrastructure solutions. Enhance your payment process with our streamlined services.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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Kacha Digital Financial Service provides a range of convenient digital financial solutions, including mobile account opening, bill payments, microcredit, microsaving, mobile money, and microinsurance. Experience seamless transactions and financial management with Kacha.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

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Total amount:13

Top 9 Ecommerce & Retail Startups in Ethiopia for 2024

The top three Ecommerce & Retail startups in Ethiopia have raised more than USD 50K. Ethiopia ranks among the top 10 locations in the world for startups in Ecommerce & Retail, holding the 3rd position.
SB Score:184

Shemach is a B2B marketplace designed for small retailers, connecting them with suppliers to streamline purchasing and inventory management. By simplifying the sourcing process, Shemach empowers retailers to access a diverse range of products efficiently, helping them grow their businesses and enhance their customer offerings.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:143

addisber.com is an online shopping portal that presents different significant opportunities in providing a wide range of products to its existing and potential customers.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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Total amount:9

Most Funded Startups in Ethiopia for 2024

The top three most funded startups in Ethiopia have raised total funding of more than USD 45.6M. Komari has 1.43% more funding than Orbit Health.
SB Score:343

young start-up beverage manufacturer preparing to introduce new and exciting brands to the East African market

Industry:
Foodtech
Subindustry:
Food and Beverage

City Rank (Addis Ababa)

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Regional Rank (Eastern Africa)

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SB Score:295

Orbit Health offers a variety of products and services. Our systems can help bring efficient, quality, and timely care to those who need it most.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

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SB Score:450

EthioChicken is a leading poultry producer in East Africa, specializing in high-quality chicken products. Their innovative approach ensures sustainable farming practices and top-notch customer satisfaction. Join EthioChicken in their mission to provide fresh, delicious poultry to the region.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

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Global Rank (WorldWide)

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Total amount:72

Top Hiring Startups in Ethiopia by Employee Number

The top three hiring startups in Ethiopia have an median employee size that is between [1001-5000]
SB Score:450

EthioChicken is a leading poultry producer in East Africa, specializing in high-quality chicken products. Their innovative approach ensures sustainable farming practices and top-notch customer satisfaction. Join EthioChicken in their mission to provide fresh, delicious poultry to the region.

Industry:
Foodtech
Subindustry:
Agtech

City Rank (Addis Ababa)

0

View

Regional Rank (Eastern Africa)

0

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Global Rank (WorldWide)

0

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SB Score:397

BeU Delivery is an innovative app that connects users with a diverse selection of on-demand restaurants and dishes. It enables direct communication with stores, access to online reviews, and browsing of menus and photos, making dining choices easier and more enjoyable than ever.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

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SB Score:199

Kifiya Financial Technology PLC. (Kifiya) is a digital finance and payment services’ provider which leverages innovative technology to build and enable distribution channels that make financial and non-financial services affordable and accessible.

Industry:
Fintech
Subindustry:
Financial Technology

City Rank (Addis Ababa)

0

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Regional Rank (Eastern Africa)

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Total amount:72

Explore the Startup Ecosystem of Ethiopia

Population

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126.5 Million

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Regional Rank

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6th

0

Global Rank

(WorldWide)

111th

8

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Top Cities for Startups in Ethiopia - Ranked by StartupBlink
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