Safaricom Expands M-PESA Global Service to Ethiopia, Enhancing East Africa’s Financial Integration - News Summed Up

Safaricom Expands M-PESA Global Service to Ethiopia, Enhancing East Africa’s Financial Integration


Safaricom has extended its M-PESA Global service to Ethiopia allowing customers make mobile money transactions from Kenya to Ethiopia. Esther Waititu, Chief Financial Services Officer, Safaricom KenyaCustomers in M-PESA Kenya can now make mobile money transfers to M-PESA Ethiopia via the M-PESA International Remittance. Through this collaboration, customers in both countries will only require their M-PESA wallets. Elsa Muzzolini, Chief Financial Services Officer, Safaricom EthiopiaThis expansion of M-PESA Global to Ethiopia is a significant step towards strengthening financial integration in East Africa and promoting economic growth. In addition to Ethiopia, M-PESA customers can also send and receive money to over 190 countries making it the mobile-money proposition of choice catering for both individual and corporate transactions.


Source: Ethiopian News October 15, 2024 12:26 UTC



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