Kenyan and Ethiopian service provider Safaricom has extended its M-Pesa Global service – which enables M-Pesa registered customers to send and receive money globally – to Ethiopia, allowing customers make mobile money transactions from Kenya to Ethiopia. Customers of M-Pesa Kenya can now make mobile money transfers to M-Pesa Ethiopia via the M-Pesa International Remittance. Safaricom suggests that key beneficiaries of the latest development will include Ethiopians living and working in Kenya and Kenyans living and working in Ethiopia. In addition to Ethiopia, M-Pesa customers can also send and receive money to and from over 190 countries. Of course M-Pesa has long been a major part of Safaricom’s appeal, first in Kenya and now in Ethiopia where, according to the Connecting Africa news service, by May 2024 M-Pesa had 4.5 million total registered mobile money users.

Source: Ethiopian News October 15, 2024 15:40 UTC