Politics
Frehiwot Tamru No Longer Ethio Telecom CEO
CIO Africa · 2 hours ago · Read the Full Story on CIO Africa
AI SUMMARY
Frehiwot Tamru, former CEO of Ethio Telecom, has been appointed as Ethiopia's new Minister of Innovation and Technology following parliamentary approval.
- Frehiwot Tamru has been appointed Minister of Innovation and Technology as part of a cabinet reshuffle for Ethiopia's next five-year government term.
- The House of Peoples’ Representatives approved her appointment alongside Prime Minister Abiy Ahmed’s new cabinet.
- She served as the leader of Ethio Telecom for more than eight years since 2018.
- During her tenure, Ethio Telecom expanded into digital financial services, e-commerce, cloud computing, and enterprise solutions.
- Ethio Telecom reported revenue of 215.8 billion birr for the 2025/26 financial year, representing a 33.2% increase from the previous year.
- The operator's customer base reached 90.1 million in the 2025/26 financial year.
- The telebirr digital financial services platform recorded 60.59 million customers and processed 4.19 trillion birr in transactions during the year.
- Ethio Telecom reported 10,613 mobile sites, 82.2% national 4G coverage, and 5G services in 33 towns.
- The company is currently executing its three-year Next Horizon: Digital & Beyond 2028 strategy, targeting 100 million customers and a revenue of 295 billion birr for the 2026/27 financial year.
- Ethio Telecom has supported national digital initiatives including Ethiopia's Digital ID programme and engaged with international technology firms such as Inspur Software Technology.
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