Safaricom launches M-PESA Global, enabling mobile money transfers between Kenya and Ethiopia.

Safaricom has launched its M-PESA Global service in Ethiopia, facilitating mobile money transfers between Kenya and Ethiopia. This initiative aims to enhance mobile money adoption, boost local economies, and create jobs. Benefitting particularly Ethiopians in Kenya and vice versa, the service promotes accessible and cost-effective cross-border transactions. This expansion aligns with recent foreign exchange reforms in Ethiopia, supporting regional economic integration and digital payment adoption.

October 14, 2024
7 Articles