A second German hardware security firm enters the African market
Friday, 22 February 2019 15:15
(Ecofin Agency) - A distribution agreement has been reached by German firm Ultimaco and British Astel for the distribution of hardware security solutions in the financial sector.
The financial details of this agreement, as well as the countries where the services will be offered, have not been disclosed yet but this partnership will give Ultimaco access to the African market.
Ultimaco will rely on Astel, which offers IT solutions in Kenya and Nigeria. This agreement is signed after the one reached by German Bertelsmann, a media and education service provider, and Morrocan Saham.
Chamberline Moko
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