Addis Ababa's Tech Hub Incubates Innovation Across Industries

By : Melchior Koba

Date : mardi, 09 janvier 2024 17:33

Through its incubation and acceleration programs, it stimulates innovation and supports entrepreneurs across the continent. It has supported over 1,000 startups and created thousands of direct and indirect jobs.

xHub Addis, an incubation and acceleration center founded in 2014 by entrepreneur Tewodros Tadesse, is a hub for IT entrepreneurs, innovators, technologists, investors, technology companies, and coders in Ethiopia.

Based in Addis Ababa, the center offers a range of services for startups, including custom software development, IT management services, training, IT strategy consulting, and web development. It aids in the development of businesses and services across various sectors, including information technology, agribusiness, communications, health, transport, engineering, art, design, and education.

xHub Addis has established various incubation and acceleration programs, workshops, events, and networking opportunities to foster leadership and entrepreneurship across a wide range of industries. These efforts aim to cultivate successful innovators.

Among its programs is the Waka Tech Project, a 3 to 5-month initiative that invites companies specializing in technology, education, climate, sustainable solutions, fintech, and more. The center also served as a consultant to the Tifter Ethiopia program of the Ministry of Innovation and Technology and the UNDP, designed to find and support innovators creating solutions to prevent, detect, and control COVID-19.

In terms of impact, xHub Addis has incubated 1,500 companies and graduated 1,200 startups, creating 5,000 indirect jobs and 300 direct jobs. It is supported by several institutions, including UNDP, Mastercard, the British Council, Rotary International, Amref Health Africa, and Reach for Change.

Melchior Koba

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