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Powering Ethiopia’s Digital Economy: M-PESA and LakiPay Join Forces

March 18, 2025
2 min read
Author: Aayushya Ranjan

Safaricom M-PESA and LakiPay partner to expand Ethiopia’s digital payments, empowering merchants and consumers with seamless, secure, and efficient financial solutions.

Safaricom M-PESA partners with LakiPay Financial Technologies S.C. (LakiPay) to enhance digital payment services in Ethiopia to enabling merchants and consumers to access seamless, secure, and efficient digital financial solutions.

Through this partnership, Safaricom M-PESA will integrate with LakiPay’s payment gateway, allowing merchants onboarding through LakiPay to accept M-PESA payments. This integration simplifies transactions, expands financial access, and fosters Ethiopia’s gr owing digital economy.

As a company that offers mobile financial services, we are committed to empowering businesses and individuals with secure and convenient digital payment solutions. This partnership with LakiPay strengthens our efforts to drive financial inclusion and digital transformation in Ethiopia by providing more options for seamless transactions.

– Elsa Muzzolini, CEO, Safaricom M-PESA Mobile Financial Services

M-PESA’s integration with LakiPay will allow more businesses to leverage mobile money, reducing reliance on cash and enhancing customer experience. By expanding payment acceptance points, Safaricom M-PESA aims to accelerate the adoption of digital financial services and support Ethiopia’s national digital economy ambitions.

By working together with Safaricom M-PESA, we are enabling merchants to integrate mobile payments into their businesses more efficiently. This partnership is a testament to our shared vision of making digital transactions more accessible and reliable for businesses and consumers alike.

– Habtamu Tadesse, Founder & CEO, LakiPay

This partnership reflects Safaricom M-PESA’s dedication to innovation, security, and convenience in mobile financial services. As Ethiopia embraces digital transformation, Safaricom M-PESA remains committed to playing a leading role in shaping the country’s digital payments landscape.

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