Ethio telecom Partners with CDP to Secure Financing for Digital Transformation in Ethiopia
Ethio telecom's CEO and team met with CDP in Rome to explore funding for the 'Next Horizon: Digital & Beyond' strategy, aiming to enhance Ethiopia's digital infrastructure. The discussions included network expansion, digital services, and financial inclusion initiatives. CDP expressed interest in supporting various projects, including renewable energy and agricultural financing. A Non-Disclosure Agreement will facilitate further collaboration, focusing on project documentation and potential financing for digital initiatives.
Theia Market Signal Identification - AI Assisted
Ethio telecom engaged with Cassa Depositi e Prestiti (CDP) in Rome to discuss strategic financing for its 'Next Horizon: Digital & Beyond' strategy. The meeting aimed to enhance Ethiopia's digital transformation and infrastructure.
Ethio telecom outlined plans for telecom network expansion, digital and cloud infrastructure, and financial services like Telebirr. CDP showed interest in supporting projects related to network expansion, data centers, renewable energy, and digital agriculture. Both parties agreed to proceed with collaboration following a Non-Disclosure Agreement, with Ethio telecom prioritizing its project pipeline for CDP's appraisal, emphasizing a commitment to sustainable economic growth in Ethiopia and Africa.
Comments