Awash Insurance Taps M-PESA for Digital Payment Solutions


Awash Insurance Taps M-PESA for Digital Payment Solutions

Safaricom M-PESA has entered a strategic partnership with Awash Insurance to integrate its services into the M-PESA payment platform. This collaboration would present customers with secure, efficient, and convenient mobile payment options for insurance-related transactions. Awash Insurance will now be able to receive payments like premium payments and other insurance-related transactions directly through M-PESA. It is believed that it will enhance the speed, security, and accessibility of payment and increase the adoption of mobile finance services in the country. Elsa Muzollini, CEO of Safaricom M-PESA, stated that Safaricom is simplifying the way businesses and customers interact by making an accessible, efficient, and time-saving mobile payment system. "Together, we are not just improving transactions; we are also contributing to the realization of Digital Ethiopia," said Jibat A. Faji, CEO of Awash Insurance, adding that the insurer is fostering innovation and empowering customers with the tools to secure their futures in a digitally connected world. He stated that the partnership aligns with their company’s strategic transformation plan, which emphasizes the need for products and services to be accessible, efficient, and real-time. He added that they have been investing in cutting-edge systems and communication technology that save restricted information customers time and money.

[ssba-buttons]

Radar

US Renews National Emergency, Sanctions on Ethiopia

The United States has extended the national emergency and sanctions on Ethiopia for another year under the African Growth & Opportunity Act (AGOA). Signed by President Donald J. Trump, the measure was first declared on September 17, 2021, through an executive order citing the conflict in northern region of the country as an "unusual and extraordinary" threat to U.S. national security and foreign policy. The extension, effective until September 17, 2026, keeps in place restrictions targeti...


Radar

Rockefeller Pitches Clean Cooking to Curb School Meal Emissions

A recent study has revealed the staggering environmental toll of school feeding programs. A single school serving 400 students can burn through the equivalent of 56 hectares of forest each year to fuel cooking. The Rockefeller Foundation flagged the health risks too, with most cooks, predominantly women, breathing smoke levels ten times higher than the World Health Organisation's safe limit. "If every school meal transitioned to clean cooking with electricity and solar, the emissions saved wo...


Radar

Sun-Powered Grid Brings Light to Qunbi District

A new 600KW solar mini-grid in East Hararge'sQunbi district has connected 2,200 households to electricity, marking a milestone in the recent rural electrification push. Ethiopian Electric Utility (EEU) laid seven kilometres of medium-voltage and 10 kilometres of low-voltage lines, installing four transformers to reach communities long cut off from power. Customers cover only meter and installation costs before accessing the service. The project is part of the national strategy to expand energ...