Afridigest Fintech Review: M-Pesa's Ethiopia entry endorsed

Week 40: October 2 - 8

The Afridigest Fintech Review is a weekly recap of what happened in African fintech.

Hello again, friends! Remember: this Fintech Review goes out on Sundays, the regular Week in Review goes out on Mondays, and the French-language Revue de la Semaine goes out on Wednesdays. (Assuming no delays.)

📌 Heads up: this is likely the last free edition of the Fintech Review — thanks for your support of a paid version in advance & feel free to reach out (Whatsapp, Twitter, Email) with any feedback or questions.

On to this week’s highlights:

• Three fintech-ish deals were announced for ~$6M in disclosed funding.

• After engaging in talks with the government since at least summer 2018, Safaricom received official approval to acquire a mobile money license in Ethiopia — Africa’s second largest market by population

• Nigerian neobank Carbon renews its commitment to transparency with the public release of its latest P&L statement

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