African money transfer company Dahabshiil has entered a strategic partnership with M-PESA Safaricom-Ethiopia.
The partnership will enable members of the Ethiopian diaspora to transfer funds directly to the M-PESA mobile wallets of their family members and friends in Ethiopia. This streamlined process will result in faster, more secure transactions, addressing critical concerns in the remittance sector.
Ethiopia's representative for Dahabshiil, Musse Mohamed, emphasized the importance of this alliance, stating, "This partnership allows us to fulfil our mission of delivering accessible and reliable financial services by leveraging M-PESA's growing customer base. Together, we're making it easier and safer for Ethiopians abroad to support their families back home."
Dahabshiil is recognized as a leading provider of foreign currency to significant banks in Ethiopia, and this new partnership further solidifies its commitment to the Ethiopian market.
Also Head of M-PESA Commercial Planning & Pricing, Anthony Kangethe, expressed enthusiasm about collaborating on the M-PESA Safaricom side.
