Dangote Group and the fintech behemoth Flutterwave have been named to the Milken Institute’s Africa Leaders Business Council.
Influential thought leaders, investors, entrepreneurs, and specialists from a range of fields, including business, technology, finance, sustainability, and innovation, make up the recently established council.
The institute said in a statement that the council’s goal is to expand the institute’s network and involvement throughout Africa.
In order to support the Institute’s efforts to increase involvement throughout the continent, their combined knowledge seeks to offer insightful information about the dynamic business climate in Africa.
Flutterwave and Dangote Group, along with other Council members, are in a position to make significant contributions to the advancement of the Institute’s projects. They will do this by using their considerable influence and reach to promote innovation and sustainable economic growth in Africa and beyond.
Reasons for choosing Dangote and Flutterwave
The two Nigerian businesses have been playing important roles as corporate leaders on the African continent, according to the Milken Institute.
“Africa’s top payments technology company, Flutterwave, is essential to the smooth expansion of international conglomerates like Uber into African markets. Flutterwave also makes it easier for the African diaspora to send money home, supporting their families, businesses, and other necessities.”
According to the Institute, “Dangote Group is the largest manufacturing conglomerate in West Africa and among the largest in Africa, with interests in cement, sugar, salt, oil and gas, etc.”
In response to Flutterwave’s appointment to the Council, Olugbenga “GB” Agboola, the company’s founder and CEO, stated:
“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 thrilled to work with the Institute to support inclusive development and innovation in Africa.”
Other Council Members
The Institute claims that additional Council members are as follows:
- Africa Investment Forum
- BES
- 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
The founding of the Africa Leaders Business Council, according to Milken Institute, demonstrates the organization’s dedication to the continent and fits with its strategic growth throughout Latin America, Europe, Asia, the Middle East, and Africa.
Executive Vice President Laura Deal Lacey, who oversees the Milken Institute’s worldwide programme, said that
“Africa is positioned to play an increasingly important role in the global economy given its enormous demographic potential and the continuously escalating geopolitical scenario. Africa is positioned to play a key role in the global economy due to its unrivalled invention and ingenuity. Important direction on managing local difficulties and tackling worldwide concerns like energy transition, health, and climate change will be supplied by our Council.”
Lacey also revealed that planned activities to enlist the council include a private investor meeting that takes place in conjunction with the UN General Assembly, a policy roundtable in Nigeria that addresses debt sustainability routes, attendance at the upcoming Milken Institute Middle East and Africa Summit in December, as well as some specially designed webinars and in-person and online conversations.
What to note
The mission of the nonprofit, unbiased Milken Institute is to expedite quantifiable advancement toward a fulfilling life.
The Institute, which prioritizes mental, physical, financial, and environmental health, brings together top talent and creative funding to create plans for addressing some of the most important global crises of the day while keeping an eye on the future.
