Onlinebanking

Safaricom Ethiopia requested to pay $150 million for its M pesa program

Safaricom Ethiopia requested to pay $150 million for its M pesa program

"M Pesa" requested to pay $150 million to Ethiopia One of Africa's leading digital money service provider company, M Pesa, which started providing telecom services in Ethiopia, enters the Ethiopian market, requested by National Bank of Ethiopia to pay 150 million dollars for the license fee. Safaricom Ethiopia has requested permission from Kenyan government to launch M-Pesa, a successful mobile money service in Ethiopia. M-Pesa will be the first foreign money transfer service provider if it starts operations in Ethiopia. Kenyan newspapers reported that the National Bank of Ethiopia will consult today with officials from Ethio Telecom, Safaricom, BAMC sector…
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