Fact and Assumptions
Fact and Assumptions
Fact and Assumptions
• Ministry of Innovation and Technology has a plan within the next two years
to enable a 2, 2, 2, 2 strategy which is 2 years, 2,000 tech statup companies'
creation, 20,000 jobs and 2 billion dollar revenue
• There are thousands of businesses and corporates that are looking for 24/7
guaranteed power connectivity, VPN & Internet connectivity and
infrastructure as a whole
• More and more Ethiopian companies are looking to focus on their core
businesses which open doors for more managed services, cloud services and
digital eco-system
• Most companies and firms in Ethiopia don't the capacity to start their own
disaster recovery and backup option which open doors for cloud services
• East African countries namely Djibouti, Somalia and Eretria are looking
for the same services from our preliminary studies
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• E-commerce and call center will be functional on the 2nd year of operation
• Low business risk due to the partnership with Alibaba, the 7th largest
company in the world, the massive pent-up market demand for cloud services
and the absence of competition.