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Project News Details
Title:
Ethiopia – Financing the Missing Middle for Small and Medium-Sized Enterprises (SMEs)
Detail:
Ignite – Financing the Missing Middle is a technical assistance project implemented in Ethiopia with a total cost of USD 1.84 million. The project is financed by the African Development Bank through the Fund for African Private Sector Assistance (FAPA) with a grant of USD 999,250, complemented by co-financing from GIZ amounting to USD 358,400, and a contribution from Ignite Capital estimated at USD 479,632. The project supports Ignite Capital, a women-owned Ethiopian SME, to scale up an equity crowdfunding platform designed to mobilize domestic, diaspora, and impact investment for underserved small and medium enterprises (SMEs).
Country:
Source:
African Development Bank Group
Published Date:
05.02.2026
URL:
Regions:
Project News Details
| Title |
Ethiopia – Financing the Missing Middle for Small and Medium-Sized Enterprises (SMEs) |
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|---|---|---|---|---|
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| Detail |
Ignite – Financing the Missing Middle is a technical assistance project implemented in Ethiopia with a total cost of USD 1.84 million. The project is financed by the African Development Bank through the Fund for African Private Sector Assistance (FAPA) with a grant of USD 999,250, complemented by co-financing from GIZ amounting to USD 358,400, and a contribution from Ignite Capital estimated at USD 479,632. The project supports Ignite Capital, a women-owned Ethiopian SME, to scale up an equity crowdfunding platform designed to mobilize domestic, diaspora, and impact investment for underserved small and medium enterprises (SMEs).
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| Country | ||||
| Source |
African Development Bank Group
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| Regions | ||||
| Sectors | ||||
| Published Date |
05.02.2026
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| Original Url | ||||
| Share | ||||
| Title |
|---|
Ethiopia – Financing the Missing Middle for Small and Medium-Sized Enterprises (SMEs) |
| Detail |
| Ignite – Financing the Missing Middle is a technical assistance project implemented in Ethiopia with a total cost of USD 1.84 million. The project is financed by the African Development Bank through the Fund for African Private Sector Assistance (FAPA) with a grant of USD 999,250, complemented by co-financing from GIZ amounting to USD 358,400, and a contribution from Ignite Capital estimated at USD 479,632. The project supports Ignite Capital, a women-owned Ethiopian SME, to scale up an equity crowdfunding platform designed to mobilize domestic, diaspora, and impact investment for underserved small and medium enterprises (SMEs). |
| Country |
| Source |
| African Development Bank Group |
| Regions |
| Sectors |
| Published Date |
| 05.02.2026 |
| Original Url |
| View Original Url |
| Share |
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