Business

Flutterwave Strengthens US-Africa Business Ties with Agboola’s Appointment to US-Africa Business Center Board

Flutterwave, Africa’s leading payments technology company, continues to make significant strides in fostering stronger business relationships between the United States and Africa. In a recent development, the U.S. Chamber of Commerce’s US-Africa Business Center has appointed Flutterwave’s founder and CEO, Olugbenga Agboola, as the vice chair of its board of directors. This appointment highlights Flutterwave’s commitment to cultivating the ever-changing commercial links between the two regions and driving digital transformation on the African continent.

The US-Africa Business Center recognized Flutterwave’s leadership and vision in the digital economy sector, emphasizing the company’s role in positioning Africa as a critical player in the global economic narrative. The organization expressed its eagerness to collaborate with Flutterwave to explore Africa’s digital transformation and advance the US-Nigeria business initiative, which was announced at the United Nations General Assembly.

Agboola expressed his gratitude for the recognition, stating, “Joining the U.S. Chamber of Commerce’s US-Africa Business Center’s board as the new vice chair is a personal achievement and a fulfillment of our commitment to connecting Africa to the global economy. Africa is a key player in the global economic narrative, and we are eager to explore and advance the digital transformation on the continent.”

Flutterwave’s innovative spirit and dedication to transforming the payments landscape in Africa have not gone unnoticed. The company has been named Fast Company’s Most Innovative Company for Europe, Middle East, and Africa 2024, joining the ranks of industry giants such as Nvidia, Open A.I., and YouTube. This recognition is a testament to Flutterwave’s relentless pursuit of innovation and its impact on shaping industry and culture.

In addition to its global recognition and partnerships, Flutterwave has been actively enhancing its offerings to provide seamless and efficient payment solutions. The company recently partnered with Acquired.com to streamline domestic card payments on its flagship remittance product, Send App. This collaboration aims to provide faster and more secure outward remittance transactions for U.K. and E.U. cardholders sending money to their business partners or loved ones in Africa.

Flutterwave has also introduced new features to the Send App, including in-app customer support, voucher codes, and expanded geographical reach. Users in Canada and the U.S. can now send money to recipients in Africa seamlessly, with the App integrating popular payment methods such as Google Pay, Apple Pay, and International Card Payments. Furthermore, Flutterwave has introduced mobile money and cash pick-up options in selected destinations, catering to the preferences of Africans who prefer receiving cash remittances.

As Flutterwave continues strengthening its position as a bridge between the U.S. and Africa, Agboola’s appointment to the US-Africa Business Center board underscores its growing influence and role in driving economic growth and digital transformation across the continent. With its commitment to innovation, strategic partnerships, and expanding its global reach, Flutterwave is poised to make a lasting impact on the US-Africa business landscape, fostering mutually beneficial relationships and unlocking new opportunities for businesses and individuals alike.

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