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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
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.
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