★★☆Ethiopia Permits Mobile Banking and Money Services

2012年11月23日 ★★☆, 2013年6月以前の記事, News Articles, VOA, World.

Read and understand the article. If you may have any difficult words to pronounce and words you cannot understand, always ask your teacher.

*Teachers will divide the article into 2-3 paragraphs to help you understand and check the pronunciation of the difficult words.


*Read the words carefully.

  1. micro /ˈmīkrō/ (adj.) extremely small
  2. coverage /ˈkəv(ə)rij/ (n.) the area reached by a particular broadcasting station or advertising medium; used to describe how much of an area or surface is covered by something
  3. telecommunication /ˌteləkəˌmyo͞oniˈkāSHən/ (n.) communication over a distance by cable, telegraph, telephone, or broadcasting
  4. contribution /ˌkäntrəˈbyo͞oSHən/ (n.) a gift or payment to a common fund or collection; the part played by a person or thing in bringing about a result or helping something to advance
  5. mobilize /ˈmōbəˌlīz/ (vb.) bring resources into use in order to achieve a particular goal


Ethiopia Permits Mobile Banking and Money Services

* Read the text below

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(1) Ethiopia is one of the last countries in Africa to permit mobile banking.

(2) Mobile banking has proved to be profitable in the developing world, where many people still do not use banks. Earlier this year, the World Bank reported that seventy-five percent of the world’s poor are “unbanked.” That is about two point five billion people. Banking through mobile telephones lets people take part in financial services even if they are not near a bank office.

(3) In Africa, only Ethiopia and Zimbabwe do not provide mobile money services. Now, that will change for Ethiopia.

(4) BelCash and M-Birr are mobile banking technology providers. They have been setting up mobile banking and mobile money services in Ethiopia for the past three years.

(5) Dutch company BelCash is working in partnership with banks to provide easier access to financing through bank accounts. Ireland-based M-Birr is a mobile money service that works with micro finance groups where no registration at a bank is needed.

(6) Ethiopia’s mobile industry is young. And wireless service coverage in the country is not well developed. The pressure on the wireless network is expected to increase.

(7) In the past four years, the number of mobile users grew from three to seventeen million. And Ethiopia’s telecommunications provider, Ethio Telecom, expects that number to grow to forty million in the next three years.

(8) The government closely controls Ethiopia’s telecommunications market. That means there is only one provider. Competition is not permitted.

(9) M-Birr General Manager Thierry Artaud says Ethiopia’s neighbors have several mobile providers.

(10) “If you look at your neighbors, Kenya, Tanzania Uganda, they all have multiple mobile operators and they all have mobile money services and even multiple mobile money services.”

(11) He says, if Ethiopia had no restrictions, his company would have to compete with larger companies.

(12) Ethiopia has looked at other developing countries with mobile banking. National Bank of Ethiopia officials visited Kenya, Pakistan and Brazil.

(13) Frezer Ayalew is with the National Bank of Ethiopia. He says mobile banking services will help the country.

(14) “For the economy it has great contribution in terms of mobilizing domestic savings with these services.”

(15) The National Bank of Ethiopia recently finished a draft order on how mobile banking services should be structured. This comes as more companies have shown interest in starting mobile banking services.


*Let’s talk about the article base on the questions below

  1. Do you use mobile phone? How will you feel if you lost your phone somewhere? How can a mobile phone improve your way of living?
  2. Have you ever tried checking your bank account using your mobile phone? Was it reliable? Do you think it is a safe way to know your financial acivities? Why do you think so?
  3. Have you ever experienced or heard about fraud? (Fraud is an act of deceiving people) What will the are the things you will do in case you will be a victim of fraud? What can you do to avoid fraudulent activities?


English Compositions

*Let’s make English compositions using the words from the article.

(1) coverage

EX) And wireless service coverage in the country is not well developed.

(2) contribution

EX) “For the economy it has great contribution in terms of mobilizing domestic savings with these services.”