About Mekenet

Building the digital መቀነት for Ethiopia.

We are an Ethiopian fintech making insurance simple, transparent and trustworthy — for every citizen, and for every insurer that serves them.

Traditional Makenet woven belt

Why "Mekenet"?

In traditional Ethiopian culture, the መቀነት (Makenet) is a woven cloth belt — a corset where families kept their savings, close to the body, always protected. It is one of our oldest, most personal symbols of financial safety.

We took that idea into the digital age: a place where any Ethiopian can save themselves — from accident, illness, fire, theft, even war — by buying the right policy from the right insurer, in seconds, on their phone.

Mission

Make insurance accessible to every Ethiopian through one open digital marketplace.

Vision

An Ethiopia where buying insurance is as simple as sending money, and every claim is paid fairly and fast.

Values

Customer first. Insurer partnership. Honest pricing. Local engineering. Zero tolerance for fraud.

The team

Founders

Ethiopian operators with deep experience in insurance, engineering and product.

NZ

Nurelegn Zelalem

Co-founder & CEO

Leads strategy, regulatory relationships and partnerships with Ethiopian insurers.

NN

Getachew Atsbha

Co-founder & CTO

Architect of Mekenet's core insurance system and Fraud AI engine.

NM

Nebiyat Merid

Co-founder & COO

Runs operations, customer experience and insurer onboarding across Ethiopia.

We believe Ethiopian insurance deserves Ethiopian-built technology.

Talk to the team