Tag: telebirr
Mobile Money Titans Clash: Safaricom’s M-PESA Hits 1.2 Million Users in Ethiopia, Challenging Telebirr’s Dominance
In the competitive landscape of Ethiopia's mobile money market, a significant development unfolded with Safaricom's announcement during its 2023/2024 Half Year Results. The Kenyan...
Telebirr Transactions Soar 22.6 Folds to 679.2 Billion Birr
Ethio Telecom's mobile money platform, Telebirr, has seen its transactions soar 22.6 folds to 679.2 billion birr ($2.8 billion) in the latest year. This...
M-Pesa to Launch in Ethiopia in September, Boosting Financial Inclusion
Safaricom, the Kenyan mobile network operator, is set to launch its M-Pesa mobile money service in Ethiopia in September 2023. The launch of M-Pesa...
Mobile money could add $5.3 billion to Ethiopia’s GDP
Monday 3 July, 2023| Central Insights | Mobile for DevelopmentToday GSMA launched its new report Mobile Money in Ethiopia: Advancing financial inclusion and driving growth. The much-anticipated liberalization...
Telebirr launch three financial services
Ethio Telecom launches three service offering from 10-100,000 birr loan credits to its customers. The service was launched in collaboration with Dashen Bank.Ethio Telecom...
Ethio Telecom earned 61.3 billion birr in the current fiscal year.
Ethio Telecom earned 61.3 billion birr in the current fiscal year.Mrs. Frehiwot Tamru stated that Ethio Telecom earned 61.3 billion birr in the fiscal...
