Sitoyo Lopokoiyit

M-PESA offers $55m in credit, nonperforming loans daily

The mobile money platform provides more than $55 million in loans each day, with a nonperforming loan level of less than 2%.
Staff Writer
2:10
Jan 15, 2024

Safaricom launches accelerator programme for local startups

The Spark Accelerator Programme will use an ecosystem-based approach to find and accelerate firms, employing a team of specialists who understand market dynamics and new technologies.
3:00
Sep 7, 2021

M-Pesa notches up 50m customers

The number of transactions grew to 4.5 billion in the quarter - with a total transaction value of €63 billion.
2:10
Jun 23, 2021

Safaricom launches M-Pesa Super App

Company sees this as a pre-cursor to more widespread uptake of the product across the continent.
2:00
Mar 11, 2021

M-Pesa and Safaricom are not parting ways

Interim CEO M-Pesa Africa dismisses claims of intention to separate entities.
1:50
Jul 19, 2019

Safaricom expects DigiFarm to outperform M-Pesa in five years

Initiative one of several targeting Africa's agriculture sector with digitisation being the core objective.
1:50
Jun 25, 2019

Safaricom launches anti-fraud API for mobile transactions

Intention to formulate a framework to share user information with financial institutions.