Ethiopia's digital economy is expected to show significant growth contributing 1.3 trillion Br in the next four years, according to a latest report by Global System for Mobile Communications (GSMA). Dubbed "Driving Digital Transformation in Ethiopia," the report stated that investments in mobile technologies and telecom have contributed to the growth of agriculture, manufacturing and public services. The advances are set to create over a million jobs, contribute an additional 57 billion Br in tax revenue to the government, and connect over 50 million people through the internet by 2028. It indicates that the home-grown economic reform has contributed 700 billion Br to economic growth and increased mobile internet connections by 65pc with 4G network coverage expanding by eightfold. It shows a significant gap with 76pc of the population still lacking internet access, stating that targeted policy reforms are necessary to shrink the gap to 66pc. The report suggests the need to prioritise affordability, telecom reforms, device affordability, mobile money service, digital skills and governance services.
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