The National Bank of Ethiopia (NBE) issued a license to a new subsidiary, Safaricom M-Pesa Mobile Financial Service, allowing Safaricom to expand its services beyond Kenya where it was first ...

The National Bank of Ethiopia (NBE) has today issued a mobile money service license to Safaricom M-Pesa Mobile Financial Service Plc, making it the first foreign investor in the industry to get ...

Nairobi — Safaricom Ethiopia has been granted a licence by the National Bank of Ethiopia, allowing the telco to expand its lucrative mobile money business to the untapped Horn of Africa country ...

International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract more overseas investment ...

Ethiopia’s central bank said on Thursday it had issued a mobile money licence to Kenyan telecoms giant Safaricom, the first granted to a foreign company in Africa’s second most populous country.

(Bloomberg) -- Safaricom Plc, Kenya’s biggest company by market value, reported a drop in full-year profit as the costs of rolling out operations in neighboring Ethiopia weighed on earnings.Most ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Safaricom, Kenya’s biggest telecoms operator, is finally launching its pioneering mobile money service in ...

A Safaricom Ethiopia shop in Addis Ababa, Ethiopia, July 29, 2022. (REUTERS/Tiksa Negeri) The Ethiopian central bank, the National Bank of Ethiopia, issued its first mobile money service licence last ...

In a significant milestone for Ethiopia’s digital transformation, Safaricom Ethiopia has officially hit the 10 million 90-day ...

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