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Addis Ababa Angels

Addis Ababa Angels Network is Ethiopia's first angel investor group, established in 2020, focusing on early-stage technology and tech-enabled startups. The organization aims to foster economic development by providing financial resources and mentorship.

Founded
2020
Recorded stages
Seed
Recorded regions
Afghanistan, Africa, Ethiopia

Online destinations

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Overview

Addis Ababa Angels Network is a group of individual investors founded to promote economic development and sustainability in Ethiopia. The organization focuses on supporting early-stage technology and tech-enabled innovative businesses by consolidating financial resources and leveraging the members' experiences. They seek startups that have a technology-based product or service that addresses significant problems and has the potential to scale, emphasizing the importance of having a minimum of two co-founders with complementary skills and a validated business model.

Focus

The network invests in early-stage technology and tech-enabled startups that have the potential to scale. They prioritize businesses with a validated model and a minimum of two co-founders with complementary skills. The focus is on innovative solutions that can significantly impact the Ethiopian market.

Support

Addis Ababa Angels provides not only capital but also valuable expertise from its members, who are seasoned entrepreneurs and professionals. The network aims to fill the funding gap for early-stage startups in Ethiopia, offering mentorship and connections to help businesses grow.

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Check your startup’s fit with Addis Ababa Angels

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