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
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
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
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