🇪🇹Ethiopia
Payment trends and fintech news from Ethiopia
Esca Finance Partners with MANSA for Same-Day African Payment Settlements
Esca Finance has partnered with MANSA to enable same-day payment settlements across key African corridors, utilizing stablecoin-backed infrastructure. This collaboration aims to enhance liquidity and accelerate cross-border transactions for businesses, reducing the need to pre-fund accounts in multiple markets.
Safaricom to Implement Number Masking for M-Pesa Transactions in Kenya
Safaricom will begin masking customer phone numbers on M-Pesa transactions in Kenya from March 30, 2026, replacing them with anonymized identifiers to enhance privacy. The data minimization move in its home market occurs as M-Pesa expands its service portfolio in Ethiopia, recently securing a deal to facilitate digital tax collection for the Amhara region.
M-Pesa Ethiopia Partners with State Postal Service to Expand Network
M-Pesa Ethiopia has entered a partnership with the national postal service, EthioPost, to use its branches as agents for the mobile money service. The agreement aims to rapidly expand the physical network required for cash transactions in a key growth market.
Gebeya partners with M-PESA to offer AI tools via mobile payments in Ethiopia
Ethiopian AI platform Gebeya has partnered with M-PESA to allow customers to pay for AI tools and developer services via mobile money. The integration aims to increase access to artificial intelligence resources by using the widespread M-PESA payment network.
Safaricom's M-Pesa Partners with Gebeya to Offer AI Tools in Ethiopia
M-Pesa Ethiopia has partnered with tech talent platform Gebeya to launch the 'Dala AI Bundle,' a service allowing customers to pay for AI creation tools using mobile money. The move is part of Safaricom's broader strategy to expand M-Pesa's functionality and integrate advanced digital services into its payments ecosystem.
M-PESA Ethiopia Partners with Gebeya to Offer AI Tool Payments via Mobile Wallet
M-PESA Ethiopia and talent marketplace Gebeya have launched the 'Dala AI' bundle, enabling Ethiopian users to pay for AI tools and services on Gebeya's platform via M-PESA. The partnership, announced on February 27, 2026, aims to streamline payments for tech freelancers and businesses while expanding the utility of the mobile wallet in a competitive market.
Ethiopia Launches National Instant Payment Network EthioSwitch
Ethiopia has launched EthioSwitch, a nationwide instant payment network connecting financial institutions and mobile money providers for real-time transactions. The initiative aims to enhance digital payments and support financial inclusion in Africa's second-most populous country.
Ethiopia Freezes Accounts of Ten Payment Gateway Providers
Ethiopia has frozen the accounts of ten payment gateway providers, signaling a regulatory tightening in the fintech sector. The move highlights the regulatory uncertainty affecting African mobile payment and the need for clear frameworks.