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Ethio Telecom and the African Development Bank (AfDB) are collaborating on initiatives to advance Ethiopia’s digital economy and support Africa’s broader digital transformation goals. The partnership aims to secure financing for Ethio Telecom’s ambitious digital transformation projects, driving technological innovation and inclusion across the continent.
Strategic Discussions for Digital Advancement
High-level discussions between Ethio Telecom’s leadership, led by CEO Frehiwot Tamru, and AfDB representatives, including H.E. Mr. Solomon Quaynor, Vice President of the Private Sector, Infrastructure, and Industrialization Complex, focused on Ethio Telecom’s roadmap for a “Digital Ethiopia.” Key participants also included Dr. Leandre Bassole, Deputy Director General for the East Africa Region, and senior AfDB officials.
During the meeting, CEO Frehiwot emphasized the company’s critical role in bridging the digital divide and fostering economic growth. Through customer base expansion and innovative digital solutions, Ethio Telecom is accelerating Ethiopia’s journey toward a connected, technology-driven economy while contributing to Africa’s overall digital progress.
Notable Achievements and Strategic Initiatives
Ethio Telecom’s efforts to promote digital transformation have already yielded significant accomplishments:
- Telecom and Digital Infrastructure: Development of robust networks to improve connectivity.
- Rural Connectivity Expansion: Bringing digital access to underserved areas.
- Cloud and Data Services: Establishing state-of-the-art data centers and cloud solutions.
- Mobile Money and Fintech: Rolling out innovative financial services to enhance economic participation.
- Enterprise Digital Solutions: Offering tailored digital services for businesses and governments.
Shared Commitment to Digital Inclusion
This collaboration underscores the mutual commitment of Ethio Telecom and AfDB to leverage technology as a catalyst for economic development and digital inclusion across Africa. By supporting initiatives like these, the partnership aims to build a more inclusive and sustainable digital future for the continent.
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