Why M-PESA launch is set to revolutionise Ethiopia, one of Africa’s most populous countries
A recent report by the GSMA dubbed State of the Industry Report on Mobile Money 2023 underscores how mobile money has become a mainstream financial service. The report also highlights the remarkable growth and leadership of mobile money services in Kenya, particularly through the M-PESA platform, with the service recently being rolled out in Ethiopia. M-PESA went live in Ethiopia on August 16th and is expected to transform mobile money services, drive financial inclusion and revolutionise the digital landscape of one of Africa’s most populous countries. M-PESA in Ethiopia The country has had limited access to formal financial services, with a significant portion of its
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