Sunday, October 4, 2026

Netsanet Raya

Name: Netsanet Raya

Education: MA in Development management

Company name: Elbat Solution

Title: Founder

Founded in: 2016

What it does: Enabling and accelerating digital finance

HQ: Addis Ababa

Number of employees: 30

Startup Capital: 500,000 birr

Current Capital: Growing

Reasons for starting the business: Addressing the missing middle in the digital finance arena

Biggest perk of ownership: Space for innovation and flexibility

Biggest strength: Understanding and solution oriented

Biggest challenging: Finding professionals

Plan: To be operational at scale and innovation solution

First career: Officer in financial institute

Most interested in meeting: Entrepreneurs

Most admired person: My father

Stress reducer: Sports

Favorite past time: Reading books

Favorite book: Return on integrity

Favorite destination: Historical places

Favorite automobile: None

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