March 27

M-PESA Safaricom, Onafriq Partner for Streamlined Remittances to Ethiopia

M-PESA Safaricom has signed an International Money Transfer Agreement with Onafriq, Africa’s largest digital payments network, operating in 40 African countries, to help streamline remittance flows to Ethiopia.

M‑PESA provides individuals with quick and easy financial services through a mobile phone. Users do not need a bank account, just a Safaricom sim card.

Photo courtesy of Scott Mainwaring.

Source: Tech Build Africa (link opens in a new window)

Finance, Technology, Telecommunications
digital payments, financial inclusion, remittances