GJO & Partners

Funding and investors in Ethiopia: market analysis

Who invests in Ethiopia, in which sectors, with which tickets and instruments: every figure below is computed from the funding deals recorded on the platform.

8

deals recorded

1

over 12 months

4.5 M$

median disclosed ticket

17

identified investors

Key findings

  • 8 funding deals recorded (Ethiopia) since 2020, involving 7 companies and 17 identified investors. 1 of them over the last 12 months (2 the previous year).
  • Median disclosed ticket: 4.5 M$; half of the deals fall between 3.5 M$ and 7 M$ (4 amounts disclosed out of 8, 23.9 M$ in total).
  • Where the money goes: Manufacturing (50 %), Energy (25 %), Media & entertainment (13 %).
  • Most frequent stage: Growth (38 %); most used instrument: Equity (100 %).
  • Most active investors: Cepheus Growth Capital (3), African Renaissance Partners (1), British International Investment (1).
  • 50 % of deals are syndicated (at least two investors around the table).

Sectors

  • Manufacturing4
  • Energy2
  • Media & entertainment1
  • SaaS1

Industries

  • Building materials2
  • Electric mobility2
  • Film, media production and entertainment1
  • Cybersecurity1
  • Home and personal care1

Stages

  • Growth3
  • Seed3
  • Series A2

Instruments

  • Equity8

Deals per year

YearDealsDisclosed amounts
20211—
202425.9 M$
202525 M$
2026113 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
DodaiElectric mobility · Ethiopia · Series AApr 202613 M$Value Chain Innovation Fundsource
Better AuthCybersecurity · Ethiopia · SeedJun 20255 M$Peak XV Partnerssource
BeemiFilm, media production and entertainment · Ethiopia · SeedMay 2025undisclosedRenew Capitalsource
KubikBuilding materials · Ethiopia · SeedApr 20241.9 M$African Renaissance Partnerssource
DodaiElectric mobility · Ethiopia · Series AMar 20244 M$Nissay Capitalsource
JP Textile Holding Company LimitedTextile and apparel · Ethiopia · GrowthMay 2021undisclosedCepheus Growth Capitalsource
Tabor Ceramics Products Share CompanyBuilding materials · Ethiopia · GrowthMay 2020undisclosedCepheus Growth Capitalsource
East African Lion Brands Manufacturing Share CompanyHome and personal care · Ethiopia · GrowthMay 2020undisclosedCepheus Growth Capitalsource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.