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...
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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