- 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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The African Development Bank Group has approved a one-year financing framework of up to $5.1 billion to help African countries manage rising energy and fertilizer costs, protect critical imports, and reduce their exposure to future supply shocks.
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Airnergize Capital, the clean technology investment platform within New GX Capital, has closed its first fund at approximately $239 million to finance energy, water and gas infrastructure businesses across Southern Africa and other African markets.
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Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.