M-PESA, Safaricom Ethiopia in joint effort to boost financial inclusion

The telco says M-PESA is now available in over 170 countries and serves over 70 million customers.

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

The M-PESA Jr. NBA initiative will offer basketball development and financial literacy training to over 10,000 boys and girls in Kenya.

The mobile money platform provides more than $55 million in loans each day, with a nonperforming loan level of less than 2%.

According to GlobalData, African telcos are shifting their focus to underserved regions in response to Starlink competition.

The police said the warning comes as complaints about the attacks have increased to the point that they should share with the broader public.

The telco, which is headed by CEO Peter Ndengwa, will also be the first in the country to invest in its own undersea cable.

The regulator says the adoption of 4G and 5G technologies has continued to grow, mainly driven by the growing demand for high-speed Internet

The telco says the offering enables customers to control, grow, and manage their assets and wealth through free deposits and withdrawals from their M-PESA wallet.

The award is based on the telco's performance in key HR categories such as people strategy, work environment, talent acquisition, learning, and well-being.

During her tenure, she helped shape Google's footprint in key markets such as Kenya, Uganda, Tanzania, Rwanda, and Ethiopia.