Afreximbank backs 8 African startups through its innovation program
Each startup eligible for funding up to $250,000
Gebeya Inc. selected as Ethiopia’s representative
Program targets digital innovation, trade facilitation, and industrialization
Startups selected from multiple African countries after competitive screening
Funding includes mentorship, market access, and business development support
Initiative aligns with Afreximbank strategy to support intra-African trade and digital economy
Why it matters?
The funding expands access to capital for African startups and supports Ethiopia’s digital sector through Gebeya’s inclusion, with potential implications for skills, outsourcing, and tech-driven exports.