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Business Watch: Olugbenga Agboola, CEO of Flutterwave, Is Recognized as a Private Sector Leader at Abuja Ceremony

Claire Jesse by Claire Jesse
in Technology
0
Business Watch: Olugbenga Agboola, CEO of Flutterwave, Is Recognized as a Private Sector Leader at Abuja Ceremony

Known as one of the more innovative unicorns doing work in the exploding fintech industry, Flutterwave has become revered as the single most valuable startup company in the continent of Africa.

Flutterwave is now valued at more than US$3 billion, following a major infusion to the tune of $250 million in Series D funding last February.

In recognition of Flutterwave’s stature in the industry, its CEO Olugbenga Agboola joined more than 24 leaders in the private sector to be awarded national honors by Nigerian President Muhammadu Buhari in October, during a ceremony that took place in Abuja, the nation’s capital.

Other honorees included foreigners, military officials, African leaders along with current and past officials from the government. Appearing at this ceremony with Agboola were chairman of BUA Group Abdul Samad Rabiu, Tony Elumelu, chairman of UBA Group, founder of Zenith Bank Jim Ovia and the head of Sahara Energy, Kola Adeshina.

About Olugbenga Agboola

Achieving greater prominence as the CEO of Flutterwave, Olugbenga Agboola has earned a reputation in the world of technology and finance as a serial entrepreneur with an eye on the future. One of his chief goals has been to make adjustments to how people make and process payments throughout Africa.

He has been recognized for achievements previously For example, Agboola was awarded the national honor of Order of the Niger (also referred to as OON).

His background includes more than a decade and a half in developing financial technology firms that can scale with demand. And his work with Flutterwave helps to underscore this strong reputation. To date, Flutterwave has processed more than 200 million transactions, whose value surpassed more than $16 billion. The number of businesses that participated in these Flutterwave transactions is more than 900,000.

About The National Honours Act of No 6

Ushered in in 1964, the National Honours Act of No 6 is what has empowered President Muhammadu Buhari to bestow such recognition on entrepreneurs such as Olugbenga Agboola.

Along with Agboola, President Buhari honored such luminaries as Abdullahi Abubakar, who hid more than 262 Christians in his mosque when there were attacks at the Yelwa Gindi Akwati village located in Plateau State. Another honoree was Damini Ebunoluwa Ogulu, AKA Burna Boy, who had received a Grammy Award in 2020 for his musical excellence.

Such Awards to Flutterwave’s CEO Help to Showcase the Valuable Efforts of African Leaders in Business, Government and the National Defense

The recent award honoring Olugbenga Agboola in light of his leadership and success guiding the unicorn enterprise operation Flutterwave helps point to what the future might hold for serial entrepreneurs across the continent of Africa.

It should be noted that in addition to the awards made to honor the recipients who were in attendance in October, national honors also were presented posthumously to such notable figures as the former Chief of Army Staff, Ibrahim Attahiru, and the former Chief of Staff to the President, Abba Kyari.

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