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A second German hardware security firm enters the African market

Friday, 22 February 2019 15:15
A second German hardware security firm enters the African market

(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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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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