I’m Excited About The Future!

I’m Excited About The Future!

Sitting here in my hotel room after six great days with the ICSAddis COETAIL cohort that we kicked off this week and I can’t stop thinking about what an exciting time to be in Ethiopia. In fact what an exciting time to be alive! I have a lot running through my brain right now so this might be a bit disjointed…but it’s my reflection and thoughts….so deal with it. 🙂 Our Connected World We continue to talk about and try to understand just how connected our world is becoming and just how fast this change is happening around the world. Ethiopia is no different. This is a country prime for change, prime for the connection, and they are moving there quickly. Most people outside of Africa don’t give much thought to the development that is happening here. We hear about Asia, about the Middle East, but Africa and the changes that are affecting this continent are not mentioned much in the Western world. But make no mistake of it, Africa is primed and coming on fast. Let’s just look at the hard facts about Ethiopia. The GDP of Ethiopia has been in a double digit climb year over year since 2004. Even during the recession Ethiopia saw 8% and 7.5% growth of their GDP. In a recent news article while here Ethio Telecom (State ran Telecom company) released its latest numbers. Ethio Telecom’s customer base has reached 18.28 million people, registering a 59pct increase in the last fiscal year. Mobile services, which constituted the vast majority of the customer base, had anticipated reaching 21.9 million subscribers and in actuality attracted 17.28 million customers. This was an increase of 700,000 people, a 79pct achievement of the target. Fixed line numbers reached 805,000 people or 81.4pct of intended performance targets. Internet and data service customers reached 221,000, 89pct performance. This does not  include 2.44 million users who receive mobile Internet service. There were more than 4,000 SIM and Voucher card retail distributors by the end of the fiscal year, while the number of wholesalers increased from six to 45, as the number of points of sale in the country reached over 45,000. “The number of mobile phone subscribers we have currently ranks us in the sixth position in Africa and first in east Africa,” said Abdurahmin adding that prominent countries like Nigeria, South Africa and Egypt are the ones beating Ethiopia’s...

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