Overview of Digital Economy of Ethiopia_20240922_061536_0000.pdf

Ethiopia has developed a digital economy strategy to be implemented between 2020 and 2025. This is a brief summary of that and possible business opportunities.

1. Overview of Digital
Economy of Ethiopia
NURHASSEN
MENSUR
MSC FINANCIAL TECHNOLOGY
(UNIVERSITY OF GLASGOW, UK)
MBA - ENTREPRENEURSHIP
(UNIVERSITY OF CATTOLICA, ITALY)
BSC. ELECTRICAL & COMPUTER
ENGINEERING (ADDIS ABABA
UNIVERSITY)
> CHEVENING SCHOLAR
> MANDELA WASHINGTON FELLOW
> 14+ YEARS EXPERIENCE

2. Content
Digital Economy Strategy
Objectives
Pathways for Prosperity
Driving Forces
Opportunities

3. Digital
Economy
Strategy

4. How is
Digital
Economy
Created?

5. How is
Digital
Economy
Created?

6. Four Part
Digital
Economy
Framework

7. Pathways
for
Prosperity

8. Opportunities
for Prosperity

9. Driving
Forces

10. Key
Requirements
for Digital
Readiness

11. Key
Requirements
for Digital
Readiness

12. Key
Requirements
for Digital
Readiness

13. Timeline and
Stakeholder
Mapping of
the 22
Projects

14. Opportunities
1. E-Learning
Learning electronically through the internet takes advantage of
technology to allow tutors and other educators to reach broader
audiences. Through video chatting, document sharing through
cloud-based servers, and other technologies.
2. E-commerce
E-commerce is the buying and selling of goods and services, or
the transmitting of funds or data, over an electronic network,
primarily the internet. These business transactions occur either
as business-to-business (B2B), business-to-consumer (B2C),
consumer-to-consumer or consumer-to-business.

15. 3. Digital products
Most eCommerce sites sell physical items, but it’s also possible to
start an eCommerce store that focuses on digital items. Eg:-
software—SaaS (Software-as-a-Service), courses, ebooks, and
tutorials. Are a particularly significant part of the eCommerce
landscape.
4. Subscription businesses
A subscription-based business model is one in which customers
pay a recurring fee to get access to a certain product or service
on an ongoing basis.
Opportunities

16. 5. Digital Payment Processing Services
In a time where online retail and eServices are more popular than
ever before, there has never been a better time to launch a digital
payment processing services fintech company. Simply, online
payment solutions allow consumers to process transactions using
digital devices, with no required physical exchange of money.
Using an electronic mediums of monetary exchange merchants,
and consumers alike can empower convenience, speed, as well as
security. In fact, these services help vendors self-service, and
process invoices from any location. Certainly, a digital payment
processing services company is an excellent fintech business
opportunity .
Opportunities

17. Opportunities
6. Telecom tower operation
Tower operators that leases space on telecom towers to mobile
network operators. By owning and managing the towers, tower
operators allows the network operators to focus on their core
business, which is gaining new subscribers and improving their
services.

18. Recommendations

Elementary | High school | College University
Specialized Talent Development
Digital Ecosystem Development
Entrepreneurship
Incubation
Acceleration
Fund Managers/ Venture Capital
Investors / Angel Investors

19. Recommendations
Digital Ecosystem Development
Entrepreneurship
Incubation
Acceleration
Fund Managers/ Venture
Capital Investors / Angel
Investors

20. Immediate Tasks
Investor group
Professional group
Digital Payments
Ecommerce (Retail and Wholesale)
E-Logistics & E-Delivery
Private FOB/CIF Operators (5 to be
Licensed)

21. Schedule for Phase I