Digital Africa Backs Ethiopian Agri-Tech Startup ChipChip
ChipChip uses data and artificial intelligence (AI) to improve the distribution of agricultural produce between farmers and buyers, addressing challenges that can leave farmers earning less while consumers pay higher prices for food.
Digital Africa has made its first investment in Ethiopia, backing ChipChip, a technology platform that connects farms with buyers to improve food distribution and reduce inefficiencies in the agricultural supply chain.
ChipChip uses data and artificial intelligence (AI) to improve the distribution of agricultural produce between farmers and buyers, addressing challenges that can leave farmers earning less while consumers pay higher prices for food.
By connecting producers directly with buyers through a technology-driven platform, the company aims to reduce value lost between farms and households and improve the efficiency of food distribution.
Sokhna Mbaye, Investment Associate at Digital Africa, said the investment reflects confidence in ChipChip’s team and its ability to scale the business model.
“We believe the team has the skills and ground knowledge to make this model work at scale,” Mbaye said.
The investment marks Digital Africa’s entry into Ethiopia’s technology ecosystem, expanding its portfolio of African startups using digital solutions to address economic and social challenges.
ChipChip is led by Bruk Getahun, Yasin Aman, Hannes Garben and Amir Redwan, alongside its wider team.
The investment highlights the growing application of AI and data-driven technologies in African agriculture, particularly in improving supply-chain efficiency and strengthening connections between producers and consumers.
