On June 14, 2024, Flutterwave, Africa’s leading payments technology company, signed a Memorandum of Understanding (MoU) with the Economic and Financial Crimes Commission (EFCC) to establish a state-of-the-art Cybercrime Research Center.
Objectives:
– Intensify the fight against internet crime
– Enhance the security of business transactions
– Provide a sustainable lifeline to youths across the country
The center will focus on:
– Advanced fraud detection and prevention
– Collaborative research and policy development
– Youth empowerment and capacity building
– Technological advancement and resource enablement
This partnership aims to promote a fraud-free financial ecosystem, safeguard transactions across Africa, and combat financial crimes ¹ ².
