Microsoft And Flutterwave Collaborate To Revolutionise Payments In Africa

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Global technology giant Microsoft and international payment company Flutterwave have solidified a strategic alliance that will span five years. This partnership empowers Flutterwave to leverage Microsoft’s cloud and edge technologies to elevate payment innovations for businesses throughout the African continent.

The announcement of this collaboration took place during a press conference in Lagos, where both tech leaders emphasised the pivotal role that small and medium-sized enterprises (SMEs) play in Africa’s advancement. They stressed that this joint effort will significantly enhance payment solutions for merchants and SMEs across Africa.

It’s worth noting that approximately 90 percent of Africa’s population is employed within SMEs, making them a crucial engine of employment and innovation, addressing some of the region’s most critical societal issues.

Ola Williams, the Country Manager of Microsoft Nigeria, highlighted the positive impact this partnership will have on local businesses, saying, “To drive sustainable growth in Nigeria, small businesses need the ability to participate more actively in the local and even global marketplace.

“This begins with digital financial inclusion. If we want to build a more resilient country and ultimately a more prosperous continent, we must begin by giving these businesses the digital financial services they need, not just to survive, but to thrive.”

Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave, expressed his enthusiasm for the partnership, stating that throughout Flutterwave’s journey, they have consistently aimed to simplify payments and connect aspirations with opportunities.

Joining forces with Microsoft feels like a reunion of visionary minds and achievers. The team is buzzing with excitement because this partnership transcends transactions; it’s about transformation. He added that they are honored that Microsoft shares their vision and trusts in their capabilities. They are not just dreaming of a digitally inclusive Africa; they are actively shaping it.

 

 

 

 

 

 

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