Top 5 Food and Beverage VC (Venture Capital) Funds in Ethiopia in January 2026

Last updated: Jan 2026 A list of 5 VC (Venture Capital) funds that invest in Food and beverage startups based in Ethiopia. We rank investors based on the number of investments they made in Food and beverage companies from Ethiopia. We update this investor list every month.

Top 5 Food and Beverage VC (Venture Capital) Funds in Ethiopia in January 2026

Investor	Food and Beverage Ethiopia investments
Novastar Ventures	2
Oxfam’s Enterprise Development Programme	1
KFW DEG	1
Norfund	1
DEG	1

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Investor list

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Investment focus

Agriculture, Internet, Clean Energy
Series A, Funding Round, Series B
Kenya, Nigeria, United States

Portfolio highlights

BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
MoKo Home + Living — MoKo Home is Kenya's one-stop furniture company specializing in comfort & smiles, having served over 10000 smiley homes to date. Will yours be next?

Oxfam’s Enterprise Development Programme (EDP) is an innovative model that provides support to entrepreneurs in some of the world’s poorest countries to help them create and build viable, sustainable businesses. The resulting jobs and associated opportunities provide benefits for both the employees and the wider communities around them, liftingsome of the world’s poorest families out of poverty.

Investment focus

Retail, Blockchain, E-Commerce
Grant, Series A
Tunisia, Ethiopia

Portfolio highlights

Farm Trust — Farm Trust is an E-commerce platform for fruits and vegetables that provide traceability through blockchain.
GreenPath Food — Greenpath Food is a worldwide food supplier of the highest quality organic, regeneratively-grown produce from small-scale East African Farms.

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.

Investment focus

Financial Services, Finance, FinTech
Debt Financing, Funding Round, Grant
India, Kenya, United States

Portfolio highlights

ACCIONA — At ACCIONA we offer sustainable solutions to the most urgent challenges facing the planet, such as global warming, energy needs and water shortages
ACWA Power — ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation, renewable energy and desalinated water production plants.
CreditAccess Grameen — CreditAccess Grameen Limited is a leading Indian microfinance, focused on providing micro-loans to women customers predominantly in rural areas across India.

Norwegian investment fund for developing countries

Investment focus

Financial Services, Energy, Renewable Energy
Funding Round, Private Equity, Debt Financing
Kenya, South Africa, Nigeria

Portfolio highlights

OmniRetail — Get visibility of complete value chain and optimize processes end to end with our network of networks platform.
Wave Mobile Money — Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money. Wave Mobile Money is on a mission to make Africa the first cashless continent. On a continent where less than 10% of the population has a bank account, Wave is building the first modern financial network — no account fees, instantly available, andaccepted everywhere! It is building life-changing financial infrastructure. When mobile money succeeded in Kenya, it lifted about a million people out of poverty. And yet, over 10 years later, most Africans still lack access to affordable ways to save, transfer or borrow the money they need to build businesses or provide for their families. Wave is solving this problem by using technology to build a radically inclusive and extremely affordable financial network.
Arnergy — Arnergy is a trusted solar energy company that provides clean, reliable, and affordable solar power solutions for homes and businesses, helping you save money while enjoying uninterrupted energy.

DEG, a Merkle Company is a full-service digital agency purpose-built to meet clients in the moment with data-driven marketing, commerce, and collaboration solutions.