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Mpesa Ethiopia, Dahabshiil, sign diaspora remittance partnership


African money transfer company Dahabshiil has signed a partnership with M-Pesa Safaricom Ethiopia to facilitate remittances for Ethiopian diaspora

The partnership, signed in Addis Ababa will enable the Ethiopian diaspora to send money to their family members or friends directly to M-Pesa mobile wallets.

The two said in a statement that this collaboration will streamline the remittance process translating to faster transfers and increased security.

“We are thrilled to partner with M-PESA Safaricom,” said Musse Mohamed, Ethiopia Representative for Dahabshiil. “This partnership allows us to fulfill 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 a renowned global money transfer company that specializes in providing remittance services.

Founded in 1970, the company has its roots in Somalia and has since expanded its services to reach customers worldwide. The company primarily focuses on facilitating money transfers to and from various countries, with a strong emphasis on serving the African diaspora and supporting communities in Africa.

Anthony Kangethe, Acting Chief Digital Financial Services Officer for M-PESA Safaricom said the new partnership with Dahabshiil will offer Ethiopians a secure and convenient way to send and receive money

“We are delighted to partner with Dahabshiil, a leading player in international money transfers. Together, we share a vision of financial inclusion and driving economic development. This new service will offer Ethiopians a secure and convenient way to send and receive money, empowering individuals and families,” he said. 

‘’Dahabshiil and Safaricom Ethiopia share a vision of promoting financial inclusion and economic growth in Ethiopia. This partnership signifies our commitment to innovation and exceptional customer service.’’ the two partners added.

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Nixon Kanali

Tech journalist based in Nairobi. I track and report on tech and African startups. Founder and Editor of TechTrends Media. Nixon is also the East African tech editor for Africa Business Communities. Send tips to nkanali@techtrendske.co.ke.

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