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Flutterwave, led by Nigerian tech entrepreneur Gbenga Agboola, competes to buy British fintech Railsr

Hot News Omokolade Ajayi -
Flutterwave was co-founded in 2016.

Gbenga Agboola-led Flutterwave advances plans for NASDAQ IPO despite allegations

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Flutterwave is a San Francisco- and Lagos-based fintech group.

Billionaire Gbenga Agboola’s Flutterwave faces allegations of financial impropriety amid IPO plans

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Despite the allegations, the firm is continuing to prepare for its IPO.

Kenya’s apex bank: Olugbenga Agboola’s Flutterwave, Ham Serunjogi’s Chipper Cash not licensed

East Africa Mfonobong Nsehe -
The bank's statement comes after Flutterwave denied links to a $59-million money laundering scheme.

Tech billionaire Olugbenga Agboola’s Flutterwave says money laundering claims are false

East Africa Omokolade Ajayi -
The company reiterates that it adheres to the highest regulatory standards.
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Ahmed El-Sewedy’s ed-tech firm prepares to launch educational institution in Egypt

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Under El-Sewedy's leadership, the group’s ed-tech firm aims to establish universities that adopt innovative educational approaches.

Kenyan tycoon Baloobhai Patel transfers $1.62-million stake in Sanlam Kenya to Aksaya

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This comes shortly after Patel transferred his 4.12-percent stake in Bamburi Cement to Aksaya, his private investment office.

Nigerian billionaire TY Danjuma earns $500,000 dividend from pharma company

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TY Danjuma holds a 43.28 percent stake in May & Baker Plc, the oldest pharmaceutical company on the Nigerian Stock Exchange.

Nigerian billionaire Mike Adenuga’s stake in Conoil soars by $59.7 million

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Adenuga holds a majority 74.4-percent stake in the company, solidifying his position as a leading investor on the Nigerian Exchange.

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Swazi billionaire Natie Kirsh hit hard as year-to-date wealth losses surpass $170 million

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Kirsh's stake in Jetro Holdings is worth $4.76 billion, accounting for the majority of his $7.28-billion fortune.

Ahmed El-Sewedy’s ed-tech firm prepares to launch educational institution in Egypt

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Under El-Sewedy's leadership, the group’s ed-tech firm aims to establish universities that adopt innovative educational approaches.

Kenyan tycoon Baloobhai Patel transfers $1.62-million stake in Sanlam Kenya to Aksaya

East Africa 0
This comes shortly after Patel transferred his 4.12-percent stake in Bamburi Cement to Aksaya, his private investment office.

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