Itel Mobile Ethiopia disclosed it aims to generate 40 million USD from the export of mobile phones it assembles in the Horn of Africa Nation.

According to the Itel, in the last decade the company has managed to earn 35 million USD from the export of mobile phones. It aims to make 300 million USD by the year 2020.

Targeting this, the company entered into a construction agreement of factory in Ethio-ICT Industrial Park, Binyam Araya, deputy manager of Itel Mobile Ethiopia, explained

Source: Fana Broadcasting Corporation