Free bank to M-Pesa, Airtel Money transfers for sole traders

400 SMEs in eight African countries, South Africa, Kenya, Egypt, Ethiopia, Mozambique, Tanzania, the Democratic Republic of the Congo, and Lesotho, were interviewed.

Through the agreement, individuals within Ethiopia will be able to receive remittances from different parts of the world through Safaricom’s M-PESA.

The areas of focus will include cloud solutions, cyber security solutions, internet for business, internet of things, and M-PESA for business.

The telco says it is focusing on scaling operations for the country.

M-PESA has 26,200 agents and 43,100 merchants, according to the company's third quarter 2023 update.

The African telecoms operator reveals quarterly results, passing a significant subscriber base milestone, and hails Egyptian operation.

The activation in Kenya is backed locally by Safaricom Fibre Optic network links, which provides the necessary download and upload speeds for Machine Learning models to function properly.

This is the second M-Pesa outage Safaricom has experienced this January.

The hubs will help develop the grassroots ICT sector which is vital in setting a stronger foundation for ICT-related development and the digital economy.

The certification is a worldwide data security standard set by the PCI SSC for firms that accept card transaction.

This is part of the Digital Explorers initiative, a project that encourages talent exchange in ICT between the Baltic republics of Estonia, Lithuania, and Latvia and the African nations.