">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Wednesday, January 27, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Startups

Ethiopian Angel Investor Group Launches | Invests in Across Express

James Musoba by James Musoba
4 months ago
in Startups
4 min read
0

Angel investors in Ethiopia have created the Addis Ababa Angels Network, the first in Ethiopia in a move to provide adequate funding for early-stage innovative startups.

The launch of the Addis Ababa Angels Network bring to an end the reliance on bank loans as Ethiopia does not have Venture Capital entities willing to invest in high-risk ventures.

With the formation, the network members are motivated to drive the success of start-ups and, broadly, give back to society. They bring knowledge, skills, contacts and personal capital for Ethiopian Entrepreneurs.

“We are excited to announce that we have completed an investment in Across Express. An Ethiopian startup that has embarked on solving the critical freight transport and logistics problem in Ethiopia. Across Express is planning to modernize the freight booking and fulfilment process targeting mid and long-distance trucking,” said the Angel Network.

“We call upon bold start-ups with an entrepreneurial spirit, a business with a proven product, market fit and a visionary idea to take advantage of the opportunity to work with us.”

The Network will be led by Shem Asefaw who said that the team is looking for “crazy ideas and big dreams and want to help achieve the next big thing in Ethiopia.”

The Group was founded by Shem Asefaw, a serial investor in Canada, Ethiopia and Kenya. Other founding members include Addis Alemayehou, Chairman at KAZANA Group; Henok Assefa Founder at Precise Consult; Adam Abate CEO at PAGA Ethiopia; Joseph Kibur Founder and CEO at YAYA Investment; and Levi Girma Co-Founder at Nest Ventures.

READ  Workers.com.ng Launches To Provide On-Demand Artisans To Nigerians 

Related posts

Kenya’s Insuretech startup Pula raises $6m to scale up operations in 13 markets across Africa

January 26, 2021
0

Finnfund & Norfund double Starsight’s funding to $20 million for Ghana expansion

January 23, 2021
0

African tech startup funding passes $700m in 2020 despite COVID-19

January 23, 2021
0

Free money transfer service Taptap Send launches its services to Kenya

January 22, 2021
0

Across Express provides convenient, fast and reliable delivery service through strategically located drivers in Ethiopia, which enables us to reach the pickup location in short time, hence giving you shorter delivery time.

Readers 2,839

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

James Musoba

James Musoba

Studying Africa's startup and technology scene. I always look forward to discovering new exciting inventions and vibrant entrepreneurs. Ping me at [email protected]

Related Posts

Startups

Kenya’s Insuretech startup Pula raises $6m to scale up operations in 13 markets across Africa

January 26, 2021
0
Startups

Finnfund & Norfund double Starsight’s funding to $20 million for Ghana expansion

January 23, 2021
0
Startups

African tech startup funding passes $700m in 2020 despite COVID-19

January 23, 2021
0
Startups

Free money transfer service Taptap Send launches its services to Kenya

January 22, 2021
0
Health

54gene launches a genome sequencing lab to track infectious and non-communicable diseases prevalent in Nigeria

January 22, 2021
0
Startups

Uganda’s Innovex raises funding from Gaia Impact Fund to enable remote monitoring for solar companies

January 22, 2021
0
Startups

Aerobotics Raises $17 Million Led by Naspers To Scale AI for Agriculture Globally

January 21, 2021
0
Startups

Tanzanian money remittance startup NALA is launching in the UK

January 21, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Huawei Mobile to launch Huawei Y7a in Kenya early next month

January 27, 2021

Air Conditioner Maintenance Tips to Save Energy

January 27, 2021

Enjoy The Convenience of Washing & Drying With Ramtons Washer Dryer Combo 

January 27, 2021

Samsung, Safaricom partner to push Samsung Galaxy S21 pre-orders

January 26, 2021

Safaricom’s M-PESA Bill Manager brings digital receitps, bills and invoices to businesses & landlords

January 26, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: