In a significant ruling, the High Court of Uganda’s Commercial Division has dismissed a summary suit filed by Flutterwave, Inc. against True African (U) Limited, citing a lack of jurisdiction due to the arbitration clause in the parties’ original agreements. The case stemmed from a claim by Flutterwave seeking UGX 517,781,538.69, allegedly owed by True African under a Bulk Collection and Payment Agreement signed in 2018. Flutterwave argued that delays in settlements led to the dispute, which escalated despite attempts at resolution. Flutterwave claimed the dispute fell outside the arbitration clause because it was based on a subsequent payment plan…
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