Addis Ababa Angles Network has invested in Eshi Express, a delivery service firm.

Delivery services in Ethiopia are highly fragmented and predominantly done by company vehicles, personnel or informal players. This leads to high cost of goods, management headaches and inconvenience to people and organisations.

Founded by a group of investors in 2020, the Addis Ababa Angels Network is the first in Ethiopia to invest in startups and entrepreneurs in exchange for equity ownership.