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M-Pesa

A collection of 4 posts

Safaricom Ethiopia Secures Investment from World Bank Group

Safaricom Ethiopia Secures Investment from World Bank Group

Safaricom Ethiopia is set to receive funds from the World Bank Group following the closure of the transaction during a funding ceremony. The funds will come from the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), members of the World Bank Group in the form of equity investment,

Safaricom Ethiopia Gets Licence to Roll out M-Pesa Services

Safaricom Ethiopia Gets Licence to Roll out M-Pesa Services

Safaricom, East Africa’s telecom giant, has received central government approval to launch M-Pesa in Ethiopia. The telco’s official “payment instrument issuer licence” will allow it to launch mobile money services before the end of the year. The telco officially launched its Ethiopian service in 2022 with a ten-city

Safaricom hits over 1 million users in Ethiopia

Safaricom hits over 1 million users in Ethiopia

Telecommunications provider, Safaricom Ethiopia, a subsidiary of Safaricom has achieved a milestone of over 1 million users since its launch in the East African country in August of this year after obtaining an operating licence in July 2021 – disrupting the monopoly of Ethio Telecom. The telecom has spread its service

Kenya's Safaricom Partners Visa to Launch M-Pesa Virtual Visa Card for Global Digital payments

Kenya's Safaricom Partners Visa to Launch M-Pesa Virtual Visa Card for Global Digital payments

Safaricom, East Africa’s biggest telecommunication company and operator of the M-Pesa mobile money product, and Visa, one of the world’s major card payment companies, have announced the launch of a virtual card that allows M-Pesa customers to make digital transactions globally. The long-awaited M-Pesa GlobalPay Visa virtual card