Moneta Technologies, SC – AmoleÔ, the leading mobile payment and commerce platform in Ethiopia with digital payment capability across aggregated digital products and services,has announced that it has partnered with Africa’s Talking, the leading communications, and API platform with simplified access to telco infrastructure across Africa.

A strategic move that will create more software development opportunities for businesses and software developers in Ethiopia to seamlessly build their solutions and create new sustainable and scalable enterprises.

Through this strategic partnership, Africa’s Talking will wrap its API infrastructure around Amole’s payment services API which will create a new unique platform for the Ethiopian and African market.

The ease and simplicity of building and monetizing digital services creates a new opportunity for entrepreneurs and enterprises to create powerful scalable solutions that cut across different sectors and geographical boundaries.

This will improve the potential value creation in the country and provide job creation opportunities across different markets and supply chains.

The powerful partnership between Amole which has consumers in 78 different applications and ecommerce sites will bag on Africa’s Talking’s platform which has over 37,000 developers in Africa across the 10+ markets they’re actively supporting.

Amole in conjunction with Africa’s Talking will enable more access to entrepreneurial opportunities for more than 73.5 million youth who are under 30 years old, which will eventually fuel economic growth in Ethiopia.

Moneta’s CEO Yemiru Chanyalew, was quoted saying, “The Ethiopian market is ready and needs to grow using new technology. Access to pre-ready technologies in the form of API and monetization remains to be the set-back, and by engaging in this partnership we become enablers and equalizers at the grassroots level that will create new jobs and new business models through greater automation capability, and we have seen the youth take advantage of this time and time again.”

Africa’s Talking’s COO, Anthony Thuku, was also quoted as saying that “ for Africa’s Talking, the true north has been the goal of empowering the African developer by lowering the barriers of access to the basic infrastructure needed to develop transformative digital solutions, this integration provides for peer to peer payments, virtual airtime purchases, utility payments and other merchant payments through Amole services.

In Ethiopia, we have already deployed communications APIs, but digital payment channels were a key missing ingredient to complete the essential tool kit to help developers build truly digital businesses.”

Keywords – Automation, monetization, inclusion, empowering, opportunities, unified platform, Communications APIs, payment APIs and software developers. About Moneta Technologies, SC Moneta Technologies, S.C. is a FinTech company, fully-owned subsidiary of Fettan Holdings, Limited of Kenya, the company is headquartered in Addis Ababa, Ethiopia.

Amole Ô Payment solution is a secure and efficient payment platform that links consumers, banks, merchants, mobile content aggregators and service providers into an electronic payment ecosystem.

Amole aims to deliver a collusive financial service to the unbanked and under-banked people of Ethiopia; enabling them access, aggregated financial services from their banks, service providers, agents and merchants at a single point of service.

Its mission is to deliver an effective, efficient, reliable, accessible and secure payment system that is relevant to Ethiopia’s environment and fully supports the customer and the country’s needs.


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