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
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million. The acquisition...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian businessman Abdul Samad Rabiu posted the largest...
Morgan Stanley forecast gold at $4,800 an ounce in the fourth quarter of 2026. The bank cited expected interest-rate cuts, Federal Reserve...
Electoral authorities declared President Faustin-Archange Touadéra the provisional winner with 76.15% of votes in the first round. Opposition parties...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...
The Vodun Days are a major cultural event held in Benin to celebrate, promote, and raise awareness of vodun, an ancestral religion deeply rooted in the...