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Uaxm Government to accelerate process of digital migration
Africa Kenya Safaricom taking M-Pesa to Ethiopia, sources sayStarted in 2007, M-Pesa has around 20 million active users in KenyaImage Credits : M-PesaReuters 18 July 2018, 07:12 [SAST]Kenya Safaricom is in advanced talks with the Ethiopian government to introduce its popular M-Pesa mobile money service, a major step towards establishing a toe-hold in the market of 100 million people, two sources said on Tuesday.M-Pesa could transform Ethiopia economy, as it has done in Kenya, by allowing people to sidestep a decrepit and inefficient banking system and send each other money and make payments at the touch of a button.As such, it could bolster the bold political and economic reform drive of new Prime Minister Abiy Ahmed against opposition from hardliners in the ruling EPRDF coalition.Started in 2007, M-Pesa has around 20 million active users in Kenya and has become the principal driver of profit growth for the dominant telecoms provide stanley cup (https://www.stanley1913.com.es) r in East Africa as rev stanley thermosflasche (https://www.stanley-cups.at) enue from traditional voice and text services has flattened off.Over the last decade, it has evolved from a basic money transfer service to a financial platform offering savings, loans and insurance products in conjunction with local lenders.The deal could also give Safaricom and its parent companies, South Africa Vodacom and Britain Vodafone, a head-start when the Ethiopian government follows through on its st stanley cup website (https://www.stanleycup.uk) ated intention to open up its telecoms sector to foreign comp Zpap FIFA World Cup 2022: Arasu Cable TV offers Sports18 feed to subscribers at no extra cost
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