• The announcement was made during the 3rd American Chamber of Commerce Business Summit in Nairobi.

• Flutterwave acknowledges Kenya for its crucial contribution to the East African region.

• Flutterwave’s vision is in line with East Africa to promote SMEs.

Nigerian fintech company, Flutterwave has announced the selection of Nairobi Kenya as its regional hub in East Africa. Flutterwave is a leading payments technology company in Africa. The company’s Chief Regulatory and Government Relations Officer, Mr. Oluwabankole Falade revealed this during the 3rd American Chamber of Commerce (AmCham) Business Summit held in Nairobi, Kenya.

The summit brought together the AmChams across East Africa, including a senior U.S. government delegation, U.S. investors convened by the U.S. Department of Commerce, and the U.S. Chamber of Commerce’s Africa Business Center, and East African businesses and officials to pave the way for enhanced US commercial engagement with Kenya and the East Africa Region. There were more than 500 American and East African representatives who participated.

According to Mr. Falade, Kenya is acknowledged for its crucial contribution to the East African region and also for the country’s business-friendly climate and technological prowess. “As a business with African roots, headquartered in San Francisco, we are aware of the importance of empowering the small business owners, an objective shared by the Kenyan administration”.

At the two-day event, U.S. Ambassador to Kenya Meg Witman anchored and delivered her opening remark on “Why Africa, Why Kenya. President William Ruto announced new measures to increase U.S. trade and investment in the country, including steps to support the SME sector, a part of Flutterwave’s business.

Flutterwave sponsored the AmCham event and is a member of AmCham in most markets where it conducts business, including Kenya, Tanzania, Rwanda, Uganda, and Zambia. It is also a U.S. Chamber of Commerce’s Africa Business Center board member

Mr. Falade said, “We are also glad of the support we have received from the Government of Kenya, AmCham stakeholders, and leadership across the region, and we are proud to have chosen to support the Summit and see many other global firms who we work with such as Amazon and Uber choosing to settle here as well. We are in good company”.

In line with the strategy of the East Africa region, Flutterwave guarantees that SMEs are given access to effective, straightforward, and cost-effective digital solutions that help their companies become profitable globally.