Ethio Telecom And AfDB Collaborate to Advance Africa’s Digital Transformation
Ethio Telecom and the African Development Bank (AfDB) have embarked on strategic discussions to secure financing for Ethio Telecom’s digital transformation initiatives. This partnership aims to bolster Ethiopia’s digital economy and drive Africa’s broader digital advancement.
In alignment with this shared vision, H.E. Mr. Solomon Quaynor, Vice President of the Private Sector, Infrastructure, and Industrialization Complex at AfDB, alongside Dr. Leandre Bassole, Deputy Director General for the East Africa Region, and other senior officials, convened with Ethio Telecom’s leadership. The high-level meeting, led by CEO Frehiwot Tamru, centered on Ethio Telecom’s ambitious plans to realize a Digital Ethiopia while contributing to Africa’s digital development.
During the discussions, CEO Frehiwot Tamru emphasized Ethio Telecom’s pivotal role in Ethiopia’s and Africa’s digital transformation. By growing its customer base and introducing innovative digital solutions, the company is accelerating Ethiopia’s transition to a connected, technology-driven economy. Ethio Telecom is also actively addressing the digital divide, fostering economic opportunities, and championing a more inclusive and sustainable future for the continent.
Key Achievements and Initiatives
Ethio Telecom has achieved significant milestones, including:
- Developing robust telecom and digital infrastructure.
- Expanding rural connectivity.
- Establishing cloud services and data centers.
- Advancing mobile money and fintech solutions.
- Delivering enterprise digital solutions for businesses and governments.
This collaboration underscores the shared commitment of Ethio Telecom and AfDB to leverage technology for economic growth and digital inclusion across Africa.
