Telecom

S. Africa: Gijima to acquire T-Systems Africa, under expansion plans

S. Africa: Gijima to acquire T-Systems Africa, under expansion plans
Monday, 02 November 2020 16:27

South African company Gijima (specializing in ICT services, including infrastructure development and systems integration) announced a plan to acquire T-Systems Africa (TSSA), a provider of ICT networks, applications, and systems. With this acquisition of the South African subsidiary of T-Systems International, Gijima wants to strengthen its local footprint.

“The transaction will enable Gijima to have access to international IP, expertise and best practices while ensuring Gijima’s current and newly acquired clients receive top-drawer innovation, best-in-class service delivery, business efficiencies, and security know-how, and lastly secure numerous jobs from the impact of Covid-19,” Gijima said in a statement.

Maphum Nxumalo (pictured), Gijima's CEO said: "The transaction is in line with our strategy of serving our customers in the new digital era. Our main focus remains the organic growth of Gijima, through working closely with our existing clients by continuously being innovative and increasing efficiencies.”

The transaction, which is subject to the approval of the Competition Commission, follows a successful turnaround strategy for Gijima and the strategic decision of T-Systems International to refocus on its key markets in Europe and America.

On the same topic
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Côte d’Ivoire plans 15 agri-tech hubs to support women in agribusiness The centers will focus on processing, training, and digital tools The project’s...
Kenya becomes the first African country to establish a formal digital dialogue framework with the European Union. The partnership targets...
Angola’s parliament unanimously approved a startup law to address legal gaps and support innovation. Authorities set a $3.5 million annual...
Most Read
01

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
02

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
05

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.