Electric mobility startup Dodai has raised $13 million in a Series A financing round to accelerate the deployment of electric motorbikes and battery-swapping infrastructure across Ethiopia. The round consists of $8 million in equity and $5 million in debt, with participation from a mix of international investors including British International Investment (BII), Value Chain Innovation
Ethiopia has secured more than $13 billion in investment commitments across key sectors following the conclusion of the “Invest in Ethiopia 2026” forum, in a major boost to the country’s economic outlook and reform agenda. The agreements, signed during the forum’s closing ceremony in Addis Ababa, span manufacturing, agriculture and agro-processing, energy, construction and other
Ethiopia’s pension funds are approaching a pivotal shift, but this time the story is more nuanced than simply “low returns versus high inflation.” The numbers themselves are changing and so is the strategy. For years, institutions like the Private Organization Employees’ Social Security Administration (POESSA) operated in a system where government securities offered relatively low
When you think about stock markets, it’s easy to imagine investors directly buying and selling shares at will. In reality, there’s a crucial middleman making these trades possible: the broker. Brokers are the hidden engines of the financial markets. They connect buyers and sellers, provide market knowledge, and help ensure transactions happen smoothly. In Ethiopia,
Ethiopia has taken a giant step toward transforming its agricultural future. On Thursday, Ethiopian Investment Holdings (EIH), the government’s sovereign investment arm, and Nigeria’s Dangote Group signed a landmark shareholders’ agreement to build one of the world’s largest urea fertilizer production complexes in Gode, Somali Regional State. The $2.5 billion project is designed to change
When a company decides to raise money from the public by offering its shares or bonds, it isn’t just about listing on the exchange, it’s also about communication. Advertising plays a big role in telling potential investors about the opportunity. But here’s the catch: in Ethiopia, advertising a public offer comes with strict rules set
A well-functioning capital market depends on a range of specialized service providers who connect investors, companies, and governments. These institutions ensure transparency, efficiency, and trust in the financial system. In Ethiopia, the development of the capital market has introduced licensed players who are now shaping its growth. Below, we break down the major categories of
In a deal that signals Ethiopia’s aviation ambitions are about to hit full throttle, the African Development Bank (AfDB) has committed up to $500 million towards the construction of the Abusera Mega Airport — a project that could redefine air travel in Africa. When completed in 2029, this colossal hub near Bishoftu, just 45 kilometers
Ethiopian Investment Holdings (EIH), the country’s sovereign wealth fund, has made its first-ever international investment by acquiring a stake in Akobo Minerals AB, a Scandinavian-based Ethiopian gold producer listed on Euronext and Frankfurt Stock Exchange. Under the agreement, EIH will subscribe to 15 million new shares at USD 0.20 each, securing a 7.4% ownership stake
When we talk about capital markets, one of the first questions is: Who are the investors? In Ethiopia’s growing stock market, investors mainly fall into two groups—retail investors and institutional investors. Both play key roles, but they’re quite different! What is a Retail Investor? A retail investor is an individual person, who invests their own
Ethiopia has launched a comprehensive portfolio of investment projects valued at more than $13 billion, signaling a major push to attract private capital across agriculture, energy, manufacturing, finance, and infrastructure. The pipeline, outlined in the newly released “Invest in Ethiopia 2025” Deal Book, includes dozens of projects positioned as “investment-ready,” with financing models ranging from
Markets, But Make Them Emotional It’s 2021, and in the middle of a quiet day on the stock market, a single tweet from Elon Musk, just one word: “Gamestonk!!”, sends GameStop’s stock price flying up by 157% in just one day. Welcome to the markets of the 2020s, where emotions are assets, memes move billions,