Ethiopia | tecMAMBO

Bank of Abyssinia ATM and M-Pesa graphic illustrating cardless cash withdrawals.

A new Bank of Abyssinia integration gives M-Pesa Ethiopia customers another way to cash out, turning existing ATM infrastructure into part of the mobile-money network.

Tim Humphreys5 min read

Four Safaricom executives reviewing a green annual report at a company event.

MAMBO Take

Kenya Ethiopia

Safaricom's KSh 80.13 billion dividend is a victory for shareholders and a test for growth

The record payout shows renewed confidence after years of Ethiopia investment. It also raises the question of how much cash Safaricom should return versus reinvest.

Tim Humphreys6 min read

M-Pesa Ethiopia users can now turn wallet balance into cash at Bank of Abyssinia ATMs

Safaricom's KSh 80.13 billion dividend is a victory for shareholders and a test for growth