MoMo Rwanda and Mastercard launch virtual payment card

While it’s been a holiday season in many parts of the world, it’s been a busy week for Safaricom Ethiopia – at least in terms of significant announcements involving M-Pesa services and coverage growth.

Safaricom M-Pesa announced on Monday it is partnering with Ethiopian fintech startup LakiPay Financial Technologies to enhance digital payment services in Ethiopia.

Safaricom Ethiopia’s M-Pesa mobile money service has signed an international money transfer agreement with Onafriq, Africa’s largest digital payments network, which currently operates in 40 African countries.