Ethio telecom & Afreximbank Join Forces to Accelerate Africa’s Digital Future!
June 18th 2026
Ethio telecom hosted a high-level strategic engagement with senior executives from the African Export-Import Bank (Afreximbank) at its headquarters. The meeting served a powerful dual purpose: formally welcoming Afreximbank’s newly appointed Regional Director and Head of Mission for East Africa, Mr. Humphrey Nwugo, and exploring strategic financing partnerships to fuel Ethiopia’s digital transformation.
During the engagement, Ethio telecom’s CEO presented the company’s remarkable transformation journey and key achievements realized over successive strategic periods. The presentation highlighted Ethio telecom’s strong operational and financial performance, continued market leadership, expanding digital ecosystem, and its pivotal role in advancing Ethiopia’s national digital transformation agenda and inclusive socio-economic development.
Discussions focused on pairing Afreximbank’s robust continental financing capabilities with Ethio telecom’s ambitious “Next Horizon: Digital and Beyond 2028” strategy. Ethio telecom showcased its successful evolution from a traditional telecom operator into a regional tech powerhouse, highlighting the massive growth of its digital ecosystem, including telebirr, Zemen Gebeya, TeleStream, advanced cloud services, and znexus.
Impressed by Ethio telecom’s strong financial performance, leadership, and regional expansion goals, the Afreximbank delegation expressed strong interest in a long-term strategic financing partnership. Both institutions are committed to moving forward with tailored financing solutions that will drive digital infrastructure, support enterprise transformation, and foster sustainable economic development across the continent.
This milestone engagement marks an exciting step toward building a more connected, inclusive, and thriving African digital economy!
Back