Safaricom is the largest telecommunications company in Kenya, with a market share of around 60% in the mobile segment.
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New arrival in the market – and now the second national operator in the country – Safaricom Ethiopia and Commercial Bank of Ethiopia have signed an MoU.
Commercial Bank of Ethiopia says it has its own digital platforms like CBE Birr, mobile banking, ATM and POS services, but, according to Abie Sano, CEO of Commercial Bank of Ethiopia, “we look forward to our partnership with Safaricom Ethiopia to build our capacity with modern technology and connectivity”. Safaricom Ethiopia says it will assist the Commercial Bank of Ethiopia with technology, modern telecom infrastructure, and connectivity to facilitate the Bank’s efforts to reach more customers while providing quality services. New arrival in the market – and now the second national operator in the country – Safaricom Ethiopia and Commercial Bank of Ethiopia have signed an MoU.