Digital inclusion enables broader economic participation, from mobile payments to online learning and remote work. This initiative aligns directly with national policy goals and ensures that even low-income citizens can be part of the country’s digital transformation.
Ethio Telecom has launched an initiative to improve digital access by providing 2 million smartphones annually through long-term payment plans. The initiative, announced April 28, targets low-income and rural populations.
The company stated its goal is “to ensure inclusion by increasing smartphone penetration and supporting digital skill development.”
The program, developed in partnership with Siinqee Bank, is backed by a 4 billion Birr (USD 29.9 million) annual budget and aims to make smartphones more affordable for underserved communities. The initiative also supports digital skills development and is part of broader efforts to enhance digital and financial inclusion across Ethiopia.
Without broad smartphone access, millions of Ethiopians remain excluded from the digital economy and essential services. As of 2023, only about 19% of the population were Internet users, according to the Internet Society. Ethio Telecom’s new initiative could significantly enhance digital connectivity. By targeting underserved rural communities, the program has the potential to close the digital divide and empower more citizens to engage in the digital economy.
This move builds on Ethio Telecom’s earlier partnership with Siinqee Bank, which introduced 15 billion Birr worth of mobile financial and device financing services, underscoring the company’s commitment to expanding the benefits of the digital economy to all citizens.
Hikmatu Bilali
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Cameroon plans a CFA40 billion capital increase for BC-PME, pending regulator approval Funds will support lending to agriculture-linked sectors under...
IFC plans a $22.6 million guarantee to support private health projects in Abidjan Two specialized centers—oncology and ophthalmology—are set to...
BOA Senegal net profit rises 10.1% to 21.9bn CFA francs Growth driven by higher banking income and controlled loan losses Bank maintains dividend as...
Ghana faces strain on its electricity network due to about 1,000 overloaded transformers. Authorities plan large-scale replacement and capacity...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...