Chapa, an Ethiopian fintech, has teamed with Safaricom M-Pesa Mobile Financial Services to offer M-Pesa services through its payment aggregator platform. The companies announced the yesterday, saying that it will make transactions easier for both merchants and M-Pesa clients in the Ethiopian market. Since its launch a few months ago, M-Pesa, Africa’s largest fintech platform,...
Ethio Telecom officially launched its commercial 5G services in Addis Ababa in September 2023. Until then, the capital and Adama are the only two Ethiopian cities to benefit from ultra-high speed. The historic Ethiopian telecommunications operator Ethio Telecom announced on Tuesday, November 28, that it had launched its fifth generation (5G) mobile services in Jigjiga,...
Ezra, a micro-lending fintech, has collaborated with Kacha Digital Financial Services S.C. and Global Bank of Ethiopia to develop an Ethiopian digital lending service. According to the parties, this new collaboration with Ezra illustrates both firms’ shared commitment to offering inclusive services that benefit financially underserved areas. Ezra collaborated with Kacha to create a Platform...
Orange had expressed, as early as July 2021, its interest in acquiring 40% in Ethio Telecom, but the process was postponed until March 2022 before finally being relaunched in November. Last March, the French company reiterated its interest in the Ethiopian telecoms market. French telecommunications company Orange has decided to withdraw from the race to acquire...
The process of awarding Ethiopia’s second private telecommunications license was launched in September 2021, then suspended in December of the same year. It was finally relaunched in November 2022. Ethiopia has canceled the procedure for awarding the second private telecommunications license (License B), Reuters reports . The news agency quotes Hinjat Shamil, a senior advisor at the Finance Ministry,...
M-Pesa, Africa’s largest fintech platform, has registered 1.2 million M-Pesa members in Ethiopia since starting the mobile money service two months ago. On Thursday, the telco confirmed this during the release of its 2023/2024 half year results. M-PESA went live in Ethiopia on August 16th, after the National Bank of Ethiopia’s approval of the licence....
Ethiopia launched its first two Earth observation satellites, respectively in December 2019 and December 2020. The country plans to launch ten space equipment by 2035. Ethiopia is expected to launch its third Earth observation satellite (ETRSS-2) within the next two years, reports The Ethiopian News Agency (ENA) . The state news agency quotes Abdisa Yilma (photo), director general...
Information Network Security Administration (INSA) has been effectively defending Ethiopia’s cyber-space from the ever growing cyber-attacks. This was disclosed at the launching ceremony of the first National Cyber Security Awareness Survey findings today as part of 4th National Cyber Security Month being underway since last two weeks with various events. On the occasion, Government Communication...
The Ethiopian mobile money market is shared between the M-Pesa services of Safaricom and Telebirr of the historic operator Ethio Telecom. Launched in May 2021, this latest platform had, as of June 30, 2023, 34.3 million users. The National Bank of Ethiopia (NBE) on Monday (October 9) issued a new directive on the issuance of payment...
South Sudan is looking forward to benefitting from Ethiopia’s telecommunication liberalization and digitization, South Sudan National Communication Authority Director General Gai said. South Sudan is avidly following Ethiopia’s telecom reform and digitization, the telecom liberalization, and technological innovations which benefit neighboring countries that share borders with Ethiopia, including South Sudan, the director general added. “The...
