Safaricom’s M-Pesa mobile money service went live in Ethiopia on Wednesday.
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Safaricom’s popular payments platform M-Pesa was offline on Thursday, causing significant disruption in the East African nation.
Vodacom Group has reported an almost 37% year-on-year jump in revenue to R35.7-billion in the quarter ended 30 June.
Ethiopia has launched a tender for a second new telecoms licence, opening one of Africa’s largest markets to further competition.
Union54 is entering the race to develop super apps as investors look to tap Africa’s increasingly tech-savvy market.
Vodacom Group affiliate Safaricom has appointed MTN’s Wim Vanhelleputte as CEO of its Ethiopia business.
The World Bank Group’s private investment arm and guarantee agency have pledged more support for Safaricom Ethiopia.
Ethiopia has reactivated the process of selling a 40% stake in Ethio Telecom and a separate plan to issue a second full telecoms licence.
Vodacom Group spent a record R5.8-billion on its network in South Africa in the past six months to fight load shedding and improve its network quality and performance.
Vodacom Group plans to roll out financial services products in its new market of Egypt, using the super app it is developing alongside China’s Alibaba Group.