Transaction

Digital Africa invests in ChipChip's operations in Ethiopia

Announced

19 October 2026

Target

Chip Chip Ecommerce Platform P.L.C

Value

Undisclosed

Asset class

Venture Capital

Type

Investment

Instrument

Ordinary Shares (Equity)

Lead investors

Digital Africa (Paris)

Investors

Digital Africa (Paris)

Sector

Consumer / E-Commerce

Markets

Ethiopia

About the target

ChipChip E-commerce Platform PLC (ChipChip) is an Ethiopia-based agritech and social commerce company that operates a group-buying mobile app for fresh produce and fast-moving consumer goods. Customers on iOS and Android form or join buying groups, and ChipChip aggregates the orders, sources directly from farmers, cooperatives and suppliers, and delivers from central warehouses in Addis Ababa. The platform serves households and business buyers such as restaurants and hotels, and relies on community leaders to gather orders. ChipChip has extended farmer sourcing to the Sidama region through partnerships with regional agricultural bureaus, and signed a memorandum of understanding with the Ethiopian Agricultural Transformation Institute in November 2025. The company states that it processes more than 200,000 orders a month and plans to add supplier and customer financing services.