MasterCard partners Ethio Telecom to boost financial inclusion

As East Africa’s largest country, Ethiopia’s economic growth comes with security risks.

The partnership hopes to accelerate financial inclusion and grow acceptance of mobile payments in the country.

The partnership sees M-PESA provide access to its open API to Ethiopian startups, to help drive financial inclusion in the country.

The aim of the project is to increase financial inclusion, streamline healthcare payments, and improve service delivery across the country.

The company asserts that by eliminating the need for costly on-premises infrastructure, it can provide a more agile, secure, and scalable solution.

Ethio Telecom ticked green on most of the key metrics during the period under review, hitting 90.7% of its revenue generation target.

The telco says the station, which has three charging modalities, can charge up to 32 electric vehicles at the same time.

The on going discussions follow Ethio Telecom's announcement at the start of its financial year that it plans to invest more than $1.1 billion in telecom and digital infrastructure expansion.

The deal allows Nyala Insurance customers to pay premiums, renew policies, and conduct other insurance-related transactions directly through M-PESA.

The Microsoft ISV Success program is aimed to help independent software vendors grow and scale their companies on Microsoft Azure.

The forum will gather a wide range of stakeholders to discuss issues that are shaping Africa’s digital landscape.

IGADO+ launched with 125 live television channels and thousands of hours of video on demand content.