Yesterday, the Ethiopian Capital Market Authority (ECMA) convened a thought-provoking panel discussion on “Aligning Startups With Funding Opportunities.” The session delved into crucial strategies and initiatives aimed at empowering startups in Ethiopia, with a focus on fostering growth, enhancing quality, and increasing early-stage funding. Here are the key takeaways: The discussion emphasized that any policy
In a significant policy overhaul, the Ethiopian government has implemented reforms that will result in extensive changes to longstanding investment regulations, permitting foreign involvement in key economic sectors such as export, import, wholesale, and retail trade. This shift marks the end of an era where these sectors were exclusively reserved for domestic entities. A new
Quick Takeaways: According to a study by Harvard Business School professor Shikhar Ghosh, approximately 75% of venture-backed startups fail. Yet some entrepreneurs manage to defy the odds and build thriving companies out of groundbreaking ideas. So what’s their secret sauce? In many cases, embracing the lean startup model is the key ingredient. Even startups in
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