Safaricom Plans to Launch Payment Service in Ethiopia - IT News Africa | Business Technology, Telecoms and Startup News

  • 📰 ITNewsAfrica
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Safaricom (NSE: SCOM) Telecommunications Ethiopia, a name synonymous with innovation and connectivity, has achieved yet another milestone...

Telecommunications Ethiopia, a name synonymous with innovation and connectivity, has achieved yet another milestone. In a groundbreaking move, the company was officially granted the license to operate mobile money services in Ethiopia on 11 May 2023.

The introduction of M-PESA is poised to revolutionize Ethiopia’s financial landscape, mirroring its trailblazing impact on Kenya’s financial inclusion. Safaricom is committed to progress. The company has already welcomed nearly 3 million customers to the Ethiopian market. It also boasts a robust distributor network of more than 114 outlets and an award-winning premium quality network across 22 cities and regions. The impressive network is supported by close to 1300 network sites and an operational staff of over 900, of which 81% are Ethiopians.In a recent announcement of Full Year 2022/2023 results, Mr.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 27. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TymeBank Joins PayShap Revolution - IT News Africa | Business Technology, Telecoms and Startup NewsIn an industry milestone, TymeBank introduces PayShap with zero fees for customers, setting a new standard for instant payment..
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

FSS Ignites Future of Payments with BLAZE - IT News Africa | Business Technology, Telecoms and Startup NewsBlaze is an advanced payments technology platform designed to cater to the diverse needs of banks and financial institutions......
Source: ITNewsAfrica - 🏆 27. / 59 Read more »