
TechCabal
February 5, 2025 at 08:07 AM
American technology company IBM has ended its operations in Nigeria, Ghana, and other key African markets.
It will transfer its regional businesses to MIBB, a subsidiary of the telecoms conglomerate, Midis Group, that operates across Europe, the Middle East, and Africa.
Increasing competition from companies like Dell and Huawei—both of which have expanded their footprint in Nigeria’s banking sector—has led to a shrinking client base for IBM.
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