Mpesa Ethiopia and Dahabshiil Sign Partnership for Diaspora Remittance Services

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

Streamlined Remittance Process

In a joint statement, the two companies announced that this collaboration will streamline the remittance process, resulting in 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’s Global Reach

Dahabshiil is a renowned global money transfer company specializing in remittance services. Founded in 1970, the company has its roots in Somalia and has since expanded its services to reach customers worldwide. Dahabshiil 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.

M-Pesa Safaricom’s Commitment

Anthony Kangethe, Acting Chief Digital Financial Services Officer for M-PESA Safaricom, highlighted the benefits of the new partnership. “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.

Shared Vision for Financial Inclusion

Dahabshiil and Safaricom Ethiopia emphasized their shared 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.