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Digital transformation in Ethiopia: Ethio Telecom launches a strategy

28/08/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The public operator Ethio telecom has launched its new three-year roadmap, the “Next Horizon: Digital & Beyond 2028 Strategy”, alongside its annual business plan for the Ethiopian fiscal year 2018 (EFY), setting ambitious growth and investment goals to strengthen its position as a regional digital power.

The strategy that succeeds the LEAD growth strategy (2022—2025) recently concluded by the company, which Ethio Telecom is described as a transformation phase that expanded its subscriber base and consolidated its role in the country's digital economy.

Key elements of the plan include:

Subscriber growth: From 83 million today to 100 million users by 2028.

Network coverage: Increased 4G LTE coverage to 85%, extended service to 550 additional cities, and 5G deployment in 10 additional cities, bringing the total of 5G sites to 490.

Mobile Money: its Telebirr platform is rapidly expanding and now has 75 million users, with annual transactions expected to reach ETB 21.3 trillion and a turnover of ETB 49.1 billion by 2028.

Digital infrastructure: investing in data centers, cloud capacity, advanced AI-based platforms, and cybersecurity to support Ethiopia's digital economy and regional services.

Énergie verte: transition de 500 à 1 000 sites par an vers l' énergie solaire et le réseau électrique, réduisant ainsi la consommation de carburant de plus de 16% et réduisant les émissions de CO.

Financial goals: to reach a turnover of 842.3 billion ETB over three years (+154% compared to the previous strategic period), with projected foreign currency earnings of 976 million dollars. The company's assets are expected to reach ETB 851 billion by 2028

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The plan also includes inclusive access, gender mainstreaming, community engagement, and sustainability initiatives, including electric vehicle charging services and support for smart cities.

Provided by AWS Translate

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