The CEO and co-founder of Nigerian payments company Flutterwave, Olugbenga Agboola, flew into Kenya this week amid efforts to unfreeze his Sh6.6 billion and lift a Central Bank of Kenya (CBK) embargo on the firm.
In a space of just one year, the start-up has seen its Kenya operations — which was the second-largest market after Nigeria— brought to a halt, with the High Court freezing Sh6.6 billion on money laundering fears and the CBK ordering banks to cut links with the firm.
