Ethiopia: ICE Addis, Mastercard Foundation partner on e-commerce start-ups

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Ethiopia: ICE Addis, Mastercard Foundation partner on e-commerce start-ups
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Start-up incubator ICE Addis has partnered with Mastercard Foundation and the Ethiopian ministry of innovation and technology to back start-ups in Ethiopia with $4.5m available in the next 5 years.

Ethio Telecom employees stand next to a billboard during the launch of the 5G Internet service in Addis Ababa, Ethiopia, May 9, 2022. REUTERS/Tiksa Negeri

Start-up incubator ICE Addis has partnered with Mastercard Foundation and the Ethiopian ministry of innovation and technology to back start-ups in the country. The agreement makes $4.5m in funding from Mastercard Foundation available to early stage start-ups over the next five years, ICE Addis CEO Markus Lemma tellsThe government in 2020 launched its, which makes digital identity, digital payments, e-governance, e-commerce and cybersecurity priorities.Also receive offers from The Africa Report

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