Sun, 08-Mar 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Ethiopia Set to Access Faster Network as Ethio Telecom Launches 5G

    Leah
    By Leah Wakarima
    - May 11, 2022
    - May 11, 2022
    African Wall StreetTechnology
    Ethiopia Set to Access Faster Network as Ethio Telecom Launches 5G

    Ethio Telecom, the state-owned telecom service provider in Ethiopia, on Monday launched a 5G mobile phone service making Ethiopia among the leading few African countries, including Kenya in eastern Africa, to roll out the technology.

    According to Ethio Telecom, the network will be available in hotspot areas in the capital Addis Ababa, including in the area around Ethio Telecom’s head office and at the premises of Bole International Airport, before being expanded to cover other parts of the country.

    “The 5G service is launched in selected places in Addis Ababa. In the coming 12 months, we will have 150 5G sites in Addis Ababa and in major cities outside the capital.” Ethio Telecom CEO Frehiwot Tamru announced during a launch ceremony.

    5G commercial networks have been launched in key countries such as Botswana, South Africa, Seychelles, Mauritius and Zimbabwe, but the technology remains largely underdeveloped in larger parts of Africa.

    According to a report by the East African Ethiopia has paid about $40 million to China’s Huawei company to deploy the network.

    Mobile network operator Safaricom launched its 5G network in Kenya in March 2021, trialling the tech in four towns with plans to expand it to others.

    “Perhaps next year we could see full commercial 5G services in Kenya,” the research director.

    The East African economy is set to benefit from the advances that 5G would bring to several sectors, including in agriculture, and called on governments to support 5G infrastructure projects. 5G network is currently the fastest and most robust technologies the world has ever seen. The network offers data speeds up to 100 times faster than 4G.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa