ADDIS ABABA, Feb 20 (Reuters) - Ethiopia is proposing a $150 million license fee for mobile operators including Safaricom's SCOM.NR M-Pesa who want to invest in mobile money services in the country, ...

Safaricom launched M-Pesa in Kenya in 2007 - Copyright AFP WIKUS DE WET Safaricom launched M-Pesa in Kenya in 2007 - Copyright AFP WIKUS DE WET Ethiopia’s central ...

Safaricom is set to launch M-Pesa in Ethiopia following an announcement on Thursday evening that the Ethiopian government will grant the telco a mobile money licence. The news came hours after ...

Safaricom has borrowed $138 million (Sh17.8 billion) from Standard Bank to fund the expansion of its subsidiary in Ethiopia.Africa’s largest bank by assets, operating in Kenya as Stanbic, is the sole ...

ADDIS ABABA (Reuters) - Safaricom's M-Pesa mobile money service went live in Ethiopia on Wednesday, in a boost to the Kenyan telecoms operator as it seeks to kickstart growth in one of Africa's ...

Ethiopia has pledged to allow prospective owners of new telecom licenses to offer mobile-banking services at some point after entering the market, according to people familiar with the matter. The ...

ADDIS ABABA, June 8 (Reuters) - Kenyan President Uhuru Kenyatta on Tuesday urged Ethiopia to open up its telecoms sector to private mobile money business investors, a move that would complement a ...

Ethiopia's state-run telecommunications agency Ethio Telecom will launch a mobile money service next week, the company said in a statement released late on Thursday. May 7 (Reuters) - Ethiopia's state ...

As the world continued to focus on the unfolding impact of Covid-19 on every aspect of our lives, one important story was quietly developing and almost passed by unnoticed. In the end, it could turn ...

ADDIS ABABA — Long lines at gas stations aren't rare in the capital of Ethiopia; there are often shortages of fuel. But the lines two weeks ago weren’t fuel-related; they were cash-related. A new ...