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/

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 service@support.mexc.com 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

BitMine Expands Treasury Holdings with $140 Million Ethereum Acquisition

BitMine Expands Treasury Holdings with $140 Million Ethereum Acquisition

BitMine has significantly bolstered its cryptocurrency treasury with the acquisition of 48,049 ETH, valued at approximately $140 million at current market prices. The substantial purchase positions the company among a growing cohort of corporations holding Ethereum as a strategic reserve asset, extending a trend previously dominated by Bitcoin treasury strategies.
Share
MEXC NEWS2025/12/17 17:19
Hyper Foundation Proposes Validator Vote to Burn Assistance Fund Tokens

Hyper Foundation Proposes Validator Vote to Burn Assistance Fund Tokens

The Hyper Foundation has put forward a proposal for validators to vote on burning the $HYPE tokens currently held in the project's Assistance Fund. If approved, the burn would permanently remove these tokens from circulating supply, representing a significant shift in the protocol's token economics and treasury management philosophy.
Share
MEXC NEWS2025/12/17 17:21
This Altcoin Could 1000x By 2026

This Altcoin Could 1000x By 2026

The post This Altcoin Could 1000x By 2026 appeared on BitcoinEthereumNews.com. The SEC has approved a framework for the streamlined adoption of digital asset products in the United States on Wednesday, allowing exchanges to list and trade commodity-based trust shares without requiring a rule change to be filed first. This marks a significant milestone, opening the door for a surge in spot altcoin ETFs in the coming months. As a result, anticipation is building around institutional liquidity flows to the altcoin market – but which projects could perform the best?  Many analysts are betting on Bitcoin Hyper (HYPER) as a potential 1000x opportunity. It has not yet launched on exchanges, so it’s not immediately eligible for a spot ETF like some of the larger altcoins. That said, its use case positions it at the forefront of blockchain innovation, which signals huge potential for price gains as institutional capital rotates through the altcoin market. The project is developing the world’s first ZK-rollup-powered Bitcoin Layer 2 blockchain, addressing Bitcoin’s key issues of slow speeds and limited functionality while maintaining its renowned characteristics of security and immutability. SEC Approves Generic ETF Listing Standards The SEC has approved a proposed 19b-4 rule change from Cboe’s BZX exchange, Nasdaq, and NYSE Arca to standardize listing requirements for crypto exchange-traded products (ETPs) and streamline the process for public trading. According to Bloomberg ETF expert James Seyffart, this move paves the way for a “wave of spot crypto ETP launches in the coming weeks and months.” WOW. The SEC has approved Generic Listing Standards for “Commodity Based Trust Shares” aka includes crypto ETPs. This is the crypto ETP framework we’ve been waiting for. Get ready for a wave of spot crypto ETP launches in coming weeks and months. pic.twitter.com/xDKCuj41mc — James Seyffart (@JSeyff) September 17, 2025 Under the new listing standards, commodities must meet one of three conditions…
Share
BitcoinEthereumNews2025/09/19 07:09