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Angel Investors Travel to Ethiopia

By Emily Ziethen | Thu Feb 19 2015
2015 has already proven to be a busy year, with RENEW hosting an Econ-Tourism Trip for members of the Impact Angel Network from Atlanta, Georgia during the first week of February. The Atlanta trip was initiated by SignatureFD, a wealth management firm in Atlanta with a mission to help their clients "live confidently, live fully, live purposefully." The group met with many Ethiopian entrepreneurs and visited a number of businesses in and around Addis Ababa. All in all, the investors were introduced to a total of eleven companies, spanning multiple sectors – from textiles to healthcare to food production - seven of which are being considered for upcoming investments.
During the trip, the group also went on a tour of Addis Ababa, which included a bird’s eye view of the city from the Entoto Mountains and a look back in history, with stops at Tomaco Coffee and the National Museum of Ethiopia, home of the infamous Lucy skeleton - the oldest known hominid remains. The group also visited Mercato, the largest open air market in Africa, as well as enjoyed a reception at the Radisson Blu with partners and members of the business community.
RENEW is in the midst of planning the next Econ-Tourism trip, which is slated to take place this summer with a focus on a multi-generational experience. Contact us to learn more about scheduling your own Econ-Tourism Trip!
Renew Capital is an Africa-focused impact investment firm that backs innovative companies with high-growth potential. Renew Capital manages investments made on behalf of the Renew Capital Angels, a global network of angel investors, foundations and family offices who seek financial returns and sustainable social impact. For the latest on investing in Africa, subscribe and follow us at our social links below.

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