Safaricom’s bid to operate M-Pesa in Addis boosted by mobile money services launch

Safaricom.

Safaricom Plc headquarters in Kenya's capital Nairobi. The telco is eyeing the Ethiopian Market. PHOTO | FILE | NMG

Safaricom is still hopeful that it will launch mobile money services in Ethiopia as it awaits the decision on the acquisition of a licence to operate in the country.

The telco’s bid for control of the Ethiopian telecommunication market seems to have received a boost ahead of the official acquisition of the licence with the news that the Addis administration plans to liberalise mobile money services next year.