Flutterwave announces Initial Public Offering for broader long-term vision
One of Africa’s foremost financial technology companies, Flutterwave, has announced readiness for an Initial Public Offering.
The company’s CEO Olugbenga ‘GB’ Agboola speaking at Semafor’s World Economy Summit in Washington D.C. U.S. on April 18, explained the company’s long-term vision for a public offering which is part of a broader future agenda.
“Right now our goal is to be IPO-ready, ensuring we have the right corporate governance in place, making sure we are operating well. “We want to be a long-term company in Africa, for Africa – and so the goal is building the right infrastructure to be here for the next ten-plus years.” Mr Agboola said.
Despite the recent departures from key roles within the company’s corporate team, the company seems to be steadfast in its pursuit of a more strategic and profitable corporate governance as evidenced by the CEO’s confirmations about the company’s recent hires.
“Key among the milestones for being IPO ready are recent hires, including a new board chair, new independent directors, and experienced executives to fill roles needed to “translate tech speak” for directors,” he added.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Benue: Troops kill suspected terrorist in gunfight
“One terrorist was neutralised, while troops recovered one AK-47 rifle and two empty magazines from the scene,” Mr Zubairu said.
Sport
Egypt edge Australia on penalties to make historic World Cup round of 16 berth
Egypt will face the winners of the round of 32 match between Argentina and Cape Verde later today.
Health
Bundibugyo Ebola outbreak now largest on record as cases top 1,400: WHO
Mr Janabi described the outbreak as one of Africa’s most serious public health emergencies this year.
Health
Bauchi govt begins rural-based campaign against waterborne diseases
Mr Mohammed said health education officers in the state’s 20 local government areas had been directed to carry out the exercise.
Hot news Home top
INEC extends voter registration, launches self-service portal
INEC said the extension followed feedback received from its state offices, political parties, civil society organisations, and other stakeholders.
States
Wheelbarrow pusher killed in Rivers road crash
The spokesperson for the state police, ASP Blessing Agabe, said the driver had been arrested.
