RENEW Strategies

The Angel Investment Exchange

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Laura Davis
| December 6, 2016

Thursday evening brought a stellar crowd to RENEW's new office on the second floor of Galani Cafe in Jacros, where we officially launched RENEW's Angel Investment Exchange (also referred to as “The Exchange”), and kicked off the Accelerating Business Growth project that is undertaken with financial support of the Government of Canada, provided through Global Affairs Canada. Thanks to everyone who came out to celebrate the launch, and to the Embassy of Canada in Ethiopia for co-sponsoring the event.

The Exchange, the focal point of the five-year ABG project, will bring local SMEs through an intensive executive management-training program and help them connect with international investors and markets. The goal is for businesses to scale into market leaders, enabling them to play a stronger role in the Ethiopian economy and create sustainable job growth.

Whether you were able to attend the event to learn more about the project or not, we wanted to follow up with information about what's next...

City Partners: We are currently signing memorandums of understanding with City Partners in Addis Ababa and Hawassa. Other cities in Ethiopia will be coming soon. If you are interested in being a City Partner to learn about private equity and in turn help companies become investment ready, please contact Bethlehem Bogale at

Businesses: Want to learn more about our Investment Challenge? Plan to attend our Investment Challenge meeting on Thursday, December 8, 2016 at The Exchange. RSVP to Bethlehem Bogale at

CFO 100: Are you a senior accountant with your company? Interested in expanding and growing your business acumen and financial skills? Stay tuned for more information regarding how you can participate in CFO 100.

Investment Pitch: In February 2017, a select group of businesses will showcase their investment plan to members of the Impact Angel Network who will be visiting Addis Ababa. Interested in presenting? Be sure to attend an Investment Challenge meeting beforehand.

We look forward to working with you to accelerate business growth in Ethiopia!

The Accelerating Business Growth (ABG) program is undertaken with financial support of the Government of Canada provided through Global Affairs Canada. The Impact Angel Network (IAN) is the largest North American-based angel network for Africa. RENEW is an impact investment firm working in Ethiopia that manages the IAN and provides professional investment advisory and consulting services in support of its investments. Please see our blog concerning the ABG project under Global Affairs Canada for more details.

To find out more about RENEW or the Impact Angel Network, contact us at, follow us on Twitter @RENEWLLC or find us on Instagram @impactangelnetwork. And be sure to check out our upcoming events, including our December 2016 IAN Members' Pipeline Call, February 2017 Econ-Tourism trip and October 2017 Annual National Gathering.