The post Cameroon, Ethiopia join hands for digital transformation appeared on BitcoinEthereumNews.com. Homepage > News > Business > Cameroon, Ethiopia join handsThe post Cameroon, Ethiopia join hands for digital transformation appeared on BitcoinEthereumNews.com. Homepage > News > Business > Cameroon, Ethiopia join hands

Cameroon, Ethiopia join hands for digital transformation

Cameroon’s state-owned telecommunications company, CAMTEL, has partnered with Ethiopia’s Ethio Telecom to drive digital transformation in the Central African country.

The two telecoms announced the new partnership in Cameroon’s capital, Yaoundé, as they presented their Master Service Agreement to Prime Minister Joseph Dion Ngute.

“We are here because CAMTEL and Ethio Telecom share a common vision, to digitally transform CAMTEL and also empower the Government of Cameroon through digital solutions that we have successfully deployed in Ethiopia,” Ethio Telecom Director General Frehiwot Tamru, told reporters.

The partnership aims to foster the growth of Cameroon’s digital economy, with projects that will include digitalizing the country’s public services, promoting digital financial solutions such as mobile money and expanding access to wireless networks. The two will also partner to upgrade networks to 5G and establish a sovereign government cloud.

The Ethiopian telco will work with CAMTEL to launch Blue Money, a new electronic payment service for Cameroonians.

Cameroon is not starting from scratch in digital payments and mobile money. According to a report by the regional central bank for Central African states (CEMAC), Cameroon accounted for 62% of all mobile money accounts in the six countries under the CEMAC bloc. It also represented over 75% of all the mobile money value transacted in the region.

But despite this high adoption, CAMTEL has remained away from the market, currently dominated by MTN and Orange. Blue Money will be its first attempt at penetrating the fast-growing market, which now accounts for most of the daily local and cross-border payments.

Replicating Ethiopia’s digitalization success

CAMTEL is seeking to tap into Ethio Telecom’s expertise in rolling out digitalization strategies, stated General Manager Judith Yah Sunday. By tapping a regional powerhouse, the Cameroonian telco is proving that “Africa does not need to import all its models as it can generate its own,” she added.

“Your institution demonstrates that a public operator can transform itself, scale digital adoption, sustain financial performance, drive national innovation, foster inclusion, and to do so while remaining fully aligned with the strategic vision of the state,” Sunday stated.

Ethio Telecom is Africa’s largest state-owned telco, with a turnover of over $2.8 billion this year from its 80 million users. It has played a key role in Ethiopia’s digitalization drive, including spearheading the rollout of the Fayda national digital ID. Last year, it pledged to issue at least one million digital IDs monthly.

Ethiopia remains one of Africa’s leaders in digitalization. This month, the Eastern African country adopted the Digital Ethiopia 2030 strategy, which will build on the government’s ongoing efforts to digitalize public services and boost the growth of the digital economy. The five-year roadmap is centered on the Fayda digital ID, which, at the start of the month, boasted 29 million users.

Africa outpaces global average in AI usage

Elsewhere, a new report has revealed that two in three Africans used artificial intelligence (AI) at work in the past 12 months, outpacing the global average.

The report by PricewaterhouseCoopers (PwC) revealed that 64% of African workers employed AI in 2025; the global average is 54%. However, only 17% reported using AI daily, while the weekly average of 18% had only improved slightly from a year earlier.

AI applications on the continent are still in their early stages and are limited to analytics and basic automation. Only a fraction of workers reported using AI agents extensively for advanced automation or scheduling.

Despite mounting global anxiety over AI replacing the human workforce and causing mass layoffs, African workers say the technology has boosted their income and job security. At least three in four workers also say AI has increased their creativity, productivity and the quality of their time.

Source: PwC.

“While most workers feel confident about job security, 30% of workers believe their current skills will stay relevant, as GenAI is projected to impact nearly half of roles across all levels in Africa,” PwC noted.

In order for artificial intelligence (AI) to work right within the law and thrive in the face of growing challenges, it needs to integrate an enterprise blockchain system that ensures data input quality and ownership—allowing it to keep data safe while also guaranteeing the immutability of data. Check out CoinGeek’s coverage on this emerging tech to learn more why Enterprise blockchain will be the backbone of AI.

Watch: Boosting financial inclusion in Africa with BSV blockchain

frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen>

Source: https://coingeek.com/cameroon-ethiopia-join-hands-for-digital-transformation/

Market Opportunity
Common Protocol Logo
Common Protocol Price(COMMON)
$0.003341
$0.003341$0.003341
-5.27%
USD
Common Protocol (COMMON) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Bitcoin (BTC) Rebounds Today: “This Level Must Be Broken for Major October Rally,” Says Analysis Firm

Bitcoin (BTC) Rebounds Today: “This Level Must Be Broken for Major October Rally,” Says Analysis Firm

The post Bitcoin (BTC) Rebounds Today: “This Level Must Be Broken for Major October Rally,” Says Analysis Firm appeared on BitcoinEthereumNews.com. QCP Capital announced that cryptocurrency markets are showing signs of recovery after last week’s selling pressure, paving the way for an “October rally.” The company’s report noted that Bitcoin (BTC) rose to $112,000 and Ethereum (ETH) to $4,100. Spot prices remained stable over the weekend, despite significant ETF outflows last Friday, suggesting that selling pressure was absorbed more strongly than expected. QCP Capital argued that quarter-end liquidations were the main driver of these outflows and that this week’s ETF flows will determine the direction of institutional demand. The report revealed that despite a challenging month, Bitcoin closed September with a gain of more than 3%. Analysts noted that the market is preparing for the seasonal rally known as “Uptober,” and that it is critical for BTC to surpass the $115,000 level to confirm the uptrend. Cautious optimism is prevailing in the options market. According to QCP Capital, investor confidence is slowly returning, bearish sentiment is diminishing, and open interest in both Bitcoin and Ethereum is beginning to stabilize. This suggests that a potential October rally is starting to be factored in among investors, according to the analyst firm. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-btc-rebounds-today-this-level-must-be-broken-for-major-october-rally-says-analysis-firm/
Share
BitcoinEthereumNews2025/09/29 22:35
WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence

WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence

The post WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence appeared on BitcoinEthereumNews.com. James Ding Dec 16
Share
BitcoinEthereumNews2025/12/17 17:32
OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement

OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement

PANews reported on September 17th that on-chain sleuth ZachXBT tweeted that OpenVPP ( $OVPP ) announced this week that it was collaborating with the US government to advance energy tokenization. SEC Commissioner Hester Peirce subsequently responded, stating that the company does not collaborate with or endorse any private crypto projects. The OpenVPP team subsequently hid the response. Several crypto influencers have participated in promoting the project, and the accounts involved have been questioned as typical influencer accounts.
Share
PANews2025/09/17 23:58