# Addis Ababa Angels Network

Addis Ababa Angels Network is an Angel Network based in Addis Ababa, Ethiopia.

## Overview

- **Organization type:** Angel Network
- **Headquarters:** Addis Ababa, Ethiopia
- **Region:** Africa
- **Address:** Addis Ababa, Ethiopia
- **Assets under management:** Undisclosed
- **Website:** addisababaangels.com
- **LinkedIn:** https://www.linkedin.com/company/addis-ababa-angels

## Regulatory record

- **Reports private funds:** No

## About

Digital transformation, one startup at a time. | Addis Ababa Angels Network is a group of individual investors whose aim is to promote economic development and sustainability in Ethiopia. They strongly believe in the transformational capacity of a strong startup ecosystem on the Ethiopian economy. Hence, the members have come together to draw on their experiences and consolidate their financial resources to back early-stage technology, and tech-enabled innovative businesses.

## Sectors

- Venture Capital

## People

- Shem Asefaw — Founder
- Addis Alemayehou — Founder
- Henok Assefa — Founder
- Adam Abate — Founder
- Joseph Kibur — Founder
- Levi Girma — Founder
- Amaha Bekele — Business Partner

## Questions

### Who runs investment decisions at Addis Ababa Angels Network?

Shem Asefaw, Addis Alemayehou, Henok Assefa, Adam Abate, Joseph Kibur and Levi Girma act as the named founders. Amaha Bekele participates as a business partner. No single CIO or investment committee is disclosed.

### How does Addis Ababa Angels Network source proprietary deal flow?

The network maintains a partnership with blueMoon Ethiopia as an incubator. It also works with GIZ for ecosystem development. These relationships supply early-stage opportunities inside Ethiopia.

### Does Addis Ababa Angels Network participate in fund commitments or only direct deals?

The network focuses on direct investments into Ethiopian companies at seed and early stages. No fund commitments are referenced in available records.

### What investment stages does Addis Ababa Angels Network typically target?

The network targets early stage, seed, start-up and growth opportunities. All activity centers on Ethiopia.

## Related profiles

- [Ad Diriyah Asset Management](https://altss.com/profile/ad-diriyah-asset-management)
- [Addis & Hill](https://altss.com/profile/addis-hill)

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Last updated: 2026-06-03T20:00:00.000Z

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