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Ethiopia shields M-Pesa from licence freeze
Safaricom employee displays the M-Pesa money transfer service on a smartphone inside a mobile phone care centre in Nairobi on November 22, 2018. PHOTO | AFP
The suspension of bidding for a second telecoms operator permit in Ethiopia will not derail the introduction M-Pesa licence in the populous nation, clearing the way for Safaricom #ticker:SCOM to launch the mobile money service this year.
Safaricom licence, which was offered last year, was to be upgraded to include mobile financial service after completing bidding for its second telecoms operator permit.
