Hello

Your subscription is almost coming to an end. Don’t miss out on the great content on Nation.Africa

Ready to continue your informative journey with us?

Hello

Your premium access has ended, but the best of Nation.Africa is still within reach. Renew now to unlock exclusive stories and in-depth features.

Reclaim your full access. Click below to renew.

Safaricom to launch M-Pesa services in Ethiopia

Ruto in Ethiopia

President William Ruto arrived in Addis Ababa, Ethiopia, for bilateral talks with Prime Minister Abiy Ahmed and the launch of Safaricom Ethiopia.

Photo credit: PSCU

What you need to know:

  • The firm switched on its mobile telecommunications network and services in Ethiopia’s capital, Addis Ababa, targeting to reach about 30 million people by April 2023.
  • President William Ruto flew to Ethiopia to witness the historic launch together with his host, Prime Minister Abiy Ahmed.
  • This came after Safaricom was granted a nationwide full-service Unified Telecommunications Service Licence in the neighbouring country, to compete with Ethiopia’s state-owned Ethio Telecom. 

Safaricom officially started its operations in Ethiopia on Thursday, with the Horn State granting the Kenyan telco the nod to also launch M-Pesa services in the country, marking the first actual step in the expansion of its wings into the country with a population more than double that of Kenya.

The firm switched on its mobile telecommunications network and services in Ethiopia’s capital, Addis Ababa, targeting to reach about 30 million people by April 2023.