Forum Views ()
Forum Replies ()
Read more with google mobile :
IBM sees strong growth in Africa for IT sector
|
Edition:
U.S.
Article
Comments (0)
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Europe E.coli is toxic new strain, trade row grows
11:27am EDT
Romney charges that Obama has "failed America"
10:17am EDT
Google reveals Gmail hacking, says likely from China
|
8:08am EDT
Jobless claims fall as labor costs tepid
10:43am EDT
Blake Lively "nude" pictures fake, publicist says
|
01 Jun 2011
Discussed
64
150 economists back U.S. Republicans in debt fight
53
Speculation grows over Sarah Palin’s 2012 plans
52
Air France jet crashed nose-up after 4 minute ordeal
Watched
Tornado hits Springfield, Massachusetts
2:43am EDT
Massive Australian waterspout caught on film
Mon, May 30 2011
Scientists revive ancient spider in stunning 3D detail
Tue, May 24 2011
IBM sees strong growth in Africa for IT sector
Tweet
Share this
Email
Print
Related News
Recovery fears mount after slow jobs, factory data
Wed, Jun 1 2011
Dismal U.S. data stuns market; safe-havens soar
Wed, Jun 1 2011
Smart Money: Hedge funds sell faltering U.S. banks
Wed, Jun 1 2011
G8 pledges $20 billion to foster Arab Spring
Fri, May 27 2011
Google takes wraps off pay-by-phone system
Thu, May 26 2011
Analysis & Opinion
Is Ireland the same as Greece?
Are Americans really benefitting from TARP repayments?
Related Topics
Technology »
DAR ES SALAAM |
Thu Jun 2, 2011 10:37am EDT
DAR ES SALAAM (Reuters) - International Business Machines said on Thursday it expects Africa to be a strong growth area for the information technology business over the next five years, thanks to growth in banking and telecoms.
IBM, which signed a deal in September to manage Bharti Airtel's IT operations in 16 African countries, has embarked on an expansion program across the continent.
"Industry analysts are predicting a 10 percent growth year-on-year in IT over the next two to five years across Africa ... In east Africa, it's even probably higher than that," Tony Mwai, country general manager for IBM East Africa told Reuters.
"There is a very intense focus on Africa. There are growth opportunities in the banking sector, public sector and telecommunications."
IBM opened a subsidiary office in Tanzania this week, its 20th outlet in Africa as it continues to increase its footprint on the continent.
"We are seeing growth in the financial services sector, certainly in telecommunications because of the explosion of mobile technology and we are seeing growth in the public sector as governments transform to e-government type of operations and delivery of services to citizens," Mwai said.
In Tanzania, IBM has signed a deal with the country's biggest commercial bank, National Microfinance Bank (NMB), to provide technology services.
"The banking sector in Tanzania has seen a complete transformation over the last five years. This transformation has been driven mainly by technology," said John Ncube, NMB's chief information officer.
(Reporting by Fumbuka Ng'wanakilala; Editing by David Cowell)
Technology
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Social Stream (What's this?)
© Copyright 2011 Thomson Reuters
Editorial Editions:
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
United States
Reuters
Contact Us
Advertise With Us
Help
Journalism Handbook
Archive
Site Index
Video Index
Reader Feedback
Mobile
Newsletters
RSS
Podcasts
Widgets
Your View
Analyst Research
Thomson Reuters
Copyright
Disclaimer
Privacy
Professional Products
Professional Products Support
Financial Products
About Thomson Reuters
Careers
Online Products
Acquisitions Monthly
Buyouts
Venture Capital Journal
International Financing Review
Project Finance International
PEhub.com
PE Week
FindLaw
Super Lawyers Attorney Rating Service
Reuters on Facebook
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Other News on Thursday, 2 June 2011 Blast hits hotel in Libya's rebel-held Benghazi
|
Honduras readmitted to OAS after coup
|
Peru faces divisive election cliffhanger
|
Berlusconi backs minister amid new signs of rift
|
Belgian abuse victims to file suit against Vatican
|
Google reveals Gmail hacking, likely from China
|
Twitter CEO says 80 percent of advertisers renew
|
Nokia on the ropes as analysts slash targets
|
Netflix prepared to pay more for movie, TV deals
|
Expedia, Groupon create travel deal website
|
LightSquared near $2 billion a year Sprint deal: sources
|
UK's Royal Academy gives Ai Weiwei honorary title
|
Japan PM survives with offer to quit once crisis overcome
|
Blast hits hotel in Libya's rebel-held Benghazi
|
25 Pakistani forces killed after cross-border raid
|
Libya oil chief defects, NATO extends campaign
|
Bahrain lifts emergency law, military trials press on
|
Raul Castro turning 80, with future on his mind
|
India yoga guru anti-graft fast gains momentum
|
Google reveals Gmail hacking, says likely from China
|
Alibaba's Ma offers Yahoo some advice: break up
|
All aboard the privacy-breach gravy train
|
Cellphone study raises profile on safety lawsuits
|
Microsoft shows off new Windows 8 operating system
|
Sharp smartphone shift to help boost profit: Nikkei
|
Google has no agreement yet to digitize books
|
Samsung files LCD patent suit against AU Optronics
|
U.S. groups attack Rihanna's Man Down murder video
|
Cheryl Cole not the only sour note for Cowell's X Factor
|
Jane's Addiction looking to future with new album
|
Yemen fighting intensifies, U.S. envoy in talks
|
Syrian forces kill 13 in besieged town: activists
|
Mexican teens turn to kidnapping in drug war city
|
Venezuela housing shortage a headache for Chavez
|
Portugal votes under bailout cloud, centre-right ahead
|
Nigeria police break suspected baby-trafficking ring
|
Europe E.coli is toxic new strain, trade row grows
|
Mladic arrest revives Dutch angst over Srebrenica
|
Facebook, Zuckerberg say ownership contract forged
|
Cybersecurity becoming U.S. diplomatic priority
|
Internet addresses: Colombia's hottest export?
|
IBM sees strong growth in Africa for IT sector
|
Globalive urges Canada to open up telecom sector
|
New X-Men set to power back mutant film franchise
|
Story of baseball's Jackie Robinson heads to big screen
|
Beijing artists detained after homage to Ai Weiwei
|
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights