Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
Safaricom’s (SCOM.NR) 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 biggest economies.
Safaricom, which is part owned by South Africa’s Vodacom (VODJ.J) and Britain’s Vodafone (VOD.L), launched its voice and data network in the Horn of Africa country last year and has signed up more than 2 million active users.
Photo courtesy of rogiro.
Source: Reuters (link opens in a new window)
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