Ethiopians snub money transfers, use M-Pesa to buy airtime, data

A subscriber scrolls through the M-Pesa menu.

Photo credit: File | Nation Media Group

While Kenyans use M-Pesa to send and receive cash and pay for goods and services, Ethiopians have taken a different path.

Safaricom expected rapid adoption in a cash-based economy with low credit card penetration and many rural markets that needed to be connected.

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