By:
Kanto Kai Okanta
Ethiopia’s
Ministry of Innovation and Technology has announced plans to roll out new
programmes aimed at increasing the number of globally competitive startups and
strengthening the country’s innovation ecosystem.
The
initiative is designed to elevate the role of startup entrepreneurs in building
Ethiopia’s digital economy while creating a more conducive environment for
creativity and innovation.

Speaking
on the development, Minister of Innovation and Technology Baisa Beda emphasized
the importance of leveraging indigenous knowledge as a foundation for startup
growth. He noted that accelerating Ethiopia’s economic transformation requires
not only increasing the number of startups but also equipping them with the
necessary support, training, and modern technological capabilities.
According
to the Minister, integrating local knowledge systems with contemporary
innovation will enable entrepreneurs to develop solutions tailored to domestic
challenges, strengthening the country’s capacity to build a sustainable and
competitive digital economy.

The
Ministry indicated that ongoing efforts to develop Ethiopia’s startup ecosystem
are already yielding positive results, with increased participation and growing
interest from young innovators. It added that continued investment in
capacity-building initiatives, including training on regulatory frameworks and
technical skills, will remain a priority.
Officials
further called on stakeholders across the public and private sectors to support
the growth of the startup ecosystem, noting that a well-developed innovation
landscape will play a critical role in driving economic expansion and long-term
national development.