By Eyasu Zekarias

As the need for data grows, more than 5 data centers have shown interest though submission requests to invest in Ethiopia, in the last three years alone, which has pushed the government to include such centers within the umbrella of the country’s “Investment Promotion Plan”.

According to sources, the government and private financial sector in Ethiopia will be able to access the data in one center at a benefit of operating it at a low cost.

In a forum held at Sheraton Addis on November 8, the Minister of Innovation and Technology, Belete Molla (PhD), stated that Ethiopia is working with various entities to develop data centers.

Among them is one, Wingu Africa, which is providing services in four African countries, and has invested in the country’s ICT Park.

Wingu Africa, which has been operating in Ethiopia for 18 months now, pointed out that its firm has become convenient to aiding work for financial and technology institutions since they get to use the center without spending a lot of money to build their own data center.

As analyzed data shows, about 90 percent of those who run data center are Ethiopians. This move has played an instrumental role in creating jobs for young Ethiopian in the field of technology engineering.

As Henok Ahmed, CEO of IT Park Corporation, signaled out, the corporation’s biggest objective is to create an environment that allows ease of doing business.

“We are also working with huge international technology companies such as Microsoft, TikTok and Meta (formerly Facebook) to come to this country,” stated Wingu Africa executives, whilst highlighting the company’s breadth and depth of experiece.