- EmpowerAfrica
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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
African Changemaker
Addis is the founder and chairman of Kazana Group, a holding company with a mission to promote economic prosperity in Africa by supporting companies making impactful changes and solving critical problems in the lives of communities around them.
Kazana, a Swahili name for ‘striving hard,’ has investments in more than a dozen early-stage companies across Africa. Addis believes in empowering African entrepreneurs and is one of the biggest cheerleaders for Ethiopia’s nascent tech ecosystem.
His passion for tech saw him Co-found Dodai, an Africa-focused technology company with a vision to make life in Africa hassle-free by localizing technologies.
Addis honed his entrepreneurial spirit in Canada before he moved back to Africa to help drive inclusive growth and development.
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Palm, a financial technology startup based in Egypt, has completed its pre-seed funding round.
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Sahel Capital, an investment company with a focus on agriculture and food sectors in sub-Saharan Africa, has finalized a $1 million loan agreement with Camino Ruiz, a Kenyan company that specializes in fish processing and distribution.
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The Africa Go Green Fund (AGG), overseen by Cygnum Capital, has approved an $18 million senior debt facility for Cold Solutions Kazi Limited.
