Ethiopia M-PESA

Artificial Intelligence

Safaricom Ethiopia Formalizes its Investment From the World Bank Group

Eva Sgroi - August 7, 2023

Ethiopia| Safaricom Ethiopia is set to receive funds from the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), members of the World Bank Group, following the closure of the transaction during a funding ceremony held at the...

East Africa

Ethiopia Changing Laws to Prepare for M-PESA Launch

Luis Monzon - April 26, 2022

Ethiopia has reportedly started changing certain national payments laws in an effort to clear the way for Safaricom to launch M-PESA, Africa's largest fintech platform, to the Horn of Africa country's virtually untapped market of 110-million people. The National Bank...

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