Ethio telecom and the African Development Bank are advancing discussions on major strategic financing and infrastructure partnerships aimed at accelerating Ethiopia’s digital transformation agenda.
During a high-level meeting held on May 21, Ethio telecom CEO Frehiwot Tamru and AfDB Vice President Solomon Quaynor reviewed ongoing collaboration tied to Ethio telecom’s “Next Horizon: Digital & Beyond 2028” strategy.
Related articles
The discussions focused on expanding and modernizing Ethiopia’s telecom and digital infrastructure, including investments in 4G and 5G networks, rural connectivity, cloud infrastructure, AI technologies, and green digital systems.
Ethio telecom also highlighted the growing role of its digital ecosystem platforms, including telebirr, Zemen GEBEYA, and znexus, which are expanding access to digital finance, e-commerce, and entrepreneurship services across Ethiopia.
AfDB acknowledged Ethio telecom’s transformation from a traditional telecom operator into a broader digital platform provider and reaffirmed its commitment to supporting sustainable financing frameworks for large-scale digital infrastructure and inclusion projects.
The partnership also aligns with broader continental goals around Africa’s digital integration and the development of a connected digital economy.
