Safaricom reports significant M-PESA growth in Ethiopia
M-PESA has 26,200 agents and 43,100 merchants, according to the company's third quarter 2023 update.
Staff Writer
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Safaricom registers 1.2 million M-Pesa customers in Ethiopia
Safaricom Ethiopia announced the total transaction value since the company's inception two months ago is now $288 million (Ksh. 43.7 billion).
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Safaricom creates start-up investment companies
Two new entities have been established to invest in early stage and growth stage start-ups in Kenya.
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CEO Anwar Soussa leaves Safaricom Ethiopia
Soussa joined Safaricom from Vodacom DRC in 2021, and he was in charge for two years.
1:30
Vodafone to sell M-Pesa holding company for a dollar
Completion of the transaction is subject to various approvals, which are expected to be obtained before or during July 2023.
1:50
M-Pesa hits $365 billion milestone
In the last financial year, international M-Pesa revenue was up 31.1% to R6.5 billion, contributing 24.6% of service revenue.
1:30
Ethiopia grants Safaricom's M-Pesa mobile money license
Mpesa is set to compete against EthioTelecom’s Telebirr mobile money offering.
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Data, smartphone use and Fintech anchor Safaricom’s market position
Company announced strong results this week, reinforced by increase in subscriptions, data use and Fintech.
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Operators consider M-Pesa expansion as growth hits new mark
Safaricom announces 30 million active subscribers in Kenya, 51 million across the continent.