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Safaricom is in "advanced talks" with the Ethiopian government to introduce its popular mobile money service M-Pesa to the neighboring country, a market of 100 million people, said Tuesday two sources.
A South African designer wins the Sh6m house in the M-pesa promotion
The British company Vodafone, Safaricom's parent company, will authorize the use of the M-Pesa trade name in an Ethiopian bank while Safaricom will host servers in Nairobi, a source-based telecommunications industry told Reuters.
The Ethiopian state telecommunications monopoly, Ethio telecom, will provide the service, the source added.
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