Safaricom made inquiries to launch M-Pesa services in Ethiopia.

Safaricom made inquiries to launch M-Pesa services in Ethiopia.

Safaricom has formally inquired about the potential of introducing M-Pesa, its mobile money transfer service, in Ethiopia, as well as the additional license price that would be required. Safaricom’s CEO, Peter Ndegwa, has informed investors that he has written...
Safaricom to invest $593mil to Launch Ethiopian Operations.

Safaricom to invest $593mil to Launch Ethiopian Operations.

According to Ethiopian Communication Agents, Kenyan telco Safaricom plans to invest KES67 billion (USD593 million) in start-up costs for its Ethiopian affiliate, Safaricom Telecommunications Ethiopia. Through the Global Partnership for Ethiopia (GPE) consortium, the...