×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Safaricom gets license to operate mobile money services in Ethiopia

The National Bank of Ethiopia (NBE) issued a license to Safaricom's M-Pesa to operate in Ethiopia. [Elvis aogina, Standard]

Safaricom has been granted the license to launch its mobile money service, M-Pesa, in Ethiopia.

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 launched in 2007.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902