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FCDO-backed Initiative targets de-risking early-stage investments in Ethiopia

Africa 1 source 1 country 🔦 Under-reported 15m ago

The UK Foreign, Commonwealth and Development Office (FCDO) is backing a new initiative in Ethiopia designed to de-risk early-stage investments and address the country's persistent startup funding gap.

As part of this effort, the UK Development Director has urged Ethiopian entrepreneurs to actively strengthen their links with potential investors and focus on building practical fundraising capabilities.

The initiative aims to support the local startup ecosystem by providing entrepreneurs with the tools and connections necessary to secure vital capital and foster business growth within the region.

In-depth summary · AI, neutral
Read the full story at the source The Reporter Ethiopia (Addis Ababa, Ethiopia) · ET
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