The Africa SMME Tech Report

Issue No. 4. AME small business tech news for 17 May 2021. This edition features Safaricom, Telkom Business, Mobicred, MFS Africa, Maviance, and more...

May 17, 2021

∙ Paid

Safaricom’s M-Pesa Revenues Surpass Voice

Safaricom’s recent FY2021 earnings results reveal an interesting milestone. For the first time, M-Pesa (mobile money) revenues surpassed, if only slightly, voice revenue for the East African telecom.

For the financial year ending 31st March, voice revenues totaled 82,552 million Kenyan shillings. M-Pesa accounte…

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