The capital city of Ethiopia, known for hosting significant international forums and discussions on development and innovation.
Africa Produces Promising Startups but Struggles to Help Them Scale
The Africa Development Impact Forum was held in Addis Ababa on June 11-12, 2026, to discuss transforming ideas into economic outcomes. Africa has a wealth of innovative ideas but lacks coordinated systems for financing and scaling successful solutions.
Ethiopian Startup Kubik Secures $1.9 Million in Seed Funding to Expand Operations
Kubik, an Ethiopian startup, has secured $1.9 million in seed extension funding. The investment was contributed by African Renaissance Partners, Endgame Capital, and King Philanthropies.
Ethiopia’s Kubik raises an additional $1.9 million seed to scale
Kubik, an Ethiopian startup, has raised $1.9 million in a seed extension round to expand its operations in recycling plastic waste into building materials. The funding comes from African Renaissance Partners, Endgame Capital, and King Philanthropies.
