FG, MOFI, Flutterwave in talks to drive digital economy growth

The Federal Government has opened discussions with Flutterwave Technology Solutions Limited to explore a strategic partnership aimed at strengthening Nigeria’s digital economy and expanding financial inclusion.

The meeting, which took place at the Ministry of Finance headquarters in Abuja, was attended by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, with officials of the Ministry of Finance Incorporated (MOFI) and senior executives from Flutterwave, Africa’s leading financial technology company.

According to a statement from the Ministry, the engagement focused on how the government can leverage Flutterwave’s financial technology infrastructure to deepen access to finance, promote cross-border trade, and boost small and medium-sized enterprises (SMEs).

Flutterwave, which operates across more than 30 African countries, presented its suite of digital payment solutions designed to simplify cross-border transactions and enhance regional commerce. The company detailed how its platform is supporting entrepreneurs and businesses in connecting with customers across diverse markets, thereby stimulating job creation and economic growth.

Officials of MOFI and Flutterwave agreed to develop a roadmap for collaboration that aligns with national economic objectives, particularly in the areas of digital payments, technology-driven public finance solutions, and innovation-led growth.Once concluded, the partnership is expected to bolster Nigeria’s financial technology ecosystem, improve cross-border payment systems, and further strengthen investor confidence in the country’s digital economy.

FG, MOFI, Flutterwave in talks to drive digital economy growth - The Nation Newspaper