Fintech powerhouse, Flutterwave and Dangote Group have been chosen as members of the Milken Institute’s Africa Leaders Business Council.
The newly formed council includes renowned thought leaders, entrepreneurs, investors, and professionals from a variety of fields, including business, technology, finance, sustainability, and innovation, according to Nairametric.
According to the institute release, the council’s goal is to expand the Institute’s network and engagement throughout Africa.
Their combined expertise seeks to provide unique insights into Africa’s changing business climate, thereby aiding the Institute’s efforts to increase engagement across the continent.
Flutterwave and Dangote Group, together with other Council members, are well-positioned to advance the Institute’s efforts by using their vast reach and influence to encourage long-term economic growth and innovation in Africa and beyond.
MIlken Institute identified the key roles the two Nigerian companies have been playing in the African continent as business leaders.
“Flutterwave, Africa’s leading payments technology company, plays a pivotal role in enabling global multinationals such as Uber, to expand seamlessly into African markets. Additionally, Flutterwave facilitates remittances from the African diaspora worldwide, supporting family, business, and other needs.
“Dangote Group is the largest manufacturing conglomerate in West Africa and one of the largest in Africa, with interest in oil and gas, cement, sugar, salt etc.,” the Institute stated.
Commenting on the development, Founder and CEO of Flutterwave, Olugbenga Agboola, said ”
Flutterwave’s role in facilitating seamless market entry for global enterprises into Africa, alongside empowering local businesses, perfectly complements the Milken Institute’s focus on leveraging technology and expertise to drive sustainable economic growth across the continent.
“We are excited to collaborate with the Institute to foster innovation and inclusive development in Africa.”
According to the Institute, other members of the Council include:
Africa Investment Forum
CrossBoundary Group
Lateral Frontiers VC
Lions Head Global Partners
Prosper Africa
Proxima Legal
RisCura
Sabi
Symbion Power
Tofino Capital
Ubuntu Group
Unified State Group
Women’s World Banking
YAATRA Ventures
According to the Milken Institute, the launch of the Africa Leaders Business Council strengthens its commitment to Africa and aligns with its strategic expansion across Africa, Europe, Asia, the Middle East, and Latin America.
Laura Deal Lacey, Executive Vice President leading the international program at the Milken Institute, stated “Amidst the rapidly intensifying geopolitical landscape, and given its tremendous demographic potential, Africa is poised to play an increasingly pivotal role in the global economy.
Africa’s innovation and ingenuity are unparalleled, positioning the continent to play a pivotal role in the global economy. Our Council will provide crucial guidance on navigating regional challenges and addressing global issues such as climate change, health, and energy transition.”
The Milken Institute is a nonprofit, nonpartisan think tank dedicated to speeding real progress towards a meaningful existence.
With a focus on financial, physical, mental, and environmental health, the Institute brings together the best ideas and creative resources to create blueprints for addressing some of our most serious global concerns now and in the future.
