The new directions and reform undertaken by the government of Ethiopia (GOE) that liberalizes the telco sector and puts digitization at the forefront of the country’s development agenda have led to much optimism, but uncertainty remains as to their pace and impact that is further exacerbated by the COVID-19 pandemic and by instances of ethnic and political violence currently happening in the country. With 60% of Ethiopia’s 113 million population currently being under the age of 24, and projected to double by 2050, the high unemployment rate with more than 2 million youth entering into the workforce, restless youth, food insecurity and increasing urbanization is exerting a huge pressure on natural resources, infrastructure, the economy, services, and political stability.

Published in Insights