A Flutterwave IPO could be the boost Nigeria's stock exchange needs to attract younger investors
- Flutterwave executives visited President Bola Ahmed Tinubu to discuss a potential IPO on the NGX.
- Speculation about Flutterwave's IPO has increased following discussions with the Nigerian president.
- Investors are increasingly concerned about the lack of notable exits in the African startup ecosystem.
TechCabal - Feb 26, 2025
Nigeria has been courting Flutterwave to list on the NGX since 2023. Can it afford the fintech?
Nigeria is actively lobbying Flutterwave, its most valuable startup, to list on the Nigerian Exchang
The potential IPO of Flutterwave represents a significant moment for the African fintech landscape, but it also underscores the importance of regulatory compliance and financial performance. Investors will be watching closely to see if Flutterwave can navigate these challenges effectively, especially in a market that has seen limited successful exits. A dual listing could provide a strategic advantage, but it also introduces complexities that need careful management.
