LUANDA, Angola, September 19, 2011 /PRNewswire/ --
New subsidiary demonstrates company's increased footprint in key growth markets
IBM (NYSE: IBM) has announced the opening of a new branch office in Luanda, as part of the company's continued geographic expansion to increase its presence in key growth markets in support of its global strategy.
The Angolan arm is part of a broad programme of investment that IBM is making in Africa and follows the recent opening of new locations in Dakar, Senegal and Dar es Salaam, Tanzania. This gives IBM a direct presence in more than 20 African countries, including South Africa, Ghana, Nigeria, Kenya, Morocco, Egypt, Tunisia and Algeria.
The expanded presence in Angola will enable IBM to increase its level of service to clients and partners across the Central African region and deliver more advanced and high-value solutions across many industries.
IBM already serves a number of key clients in Central Africa, spanning sectors including telecommunications, oil & gas, finance and government. For example in Angola, IBM is working with one of the country's major banks to help transform the institution's core banking technology infrastructure and support business growth. With a new system based on IBM Power servers and software technologies, the bank has been able to upgrade its banking services.
IBM is also working closely with other local financial institutions and oil & gas companies in Angola to improve the accuracy and security of information in the country.
"Expanding into Angola offers IBM an important business opportunity as we expand our presence throughout the African continent," said Bruno Di Leo, General Manager, IBM Growth Markets. "This demonstrates IBM's commitment to expand into new markets to provide innovative solutions for our clients and partners. Luanda is one of more than 230 IBM branch offices across 55 growth market countries."
IBM is also engaged in an active programme of corporate citizenship across Africa. Since 2008, IBM has deployed 250 of its most talented employees on projects in Tanzania, Kenya, Nigeria, Ghana, South Africa, Morocco and Egypt helping to solve local problems with the aim of fostering economic development and job creation.
"By opening a direct presence in Angola and many other markets on the African continent, IBM overcomes one of the biggest barriers to entry in Africa, namely being able to offer local support and insights to their clients and business partners," says Hannes Fourie, Senior Analyst IDC, Middle East and Africa.
The Luanda office is part of IBM's Central Africa operations and will complement IBM's other branch offices in the region. IBM has supplied products and solutions to Central Africa since the 1940's, and IBM equipment was installed in Angola by the company known as Benguela Railways in 1955.
The new office was inaugurated this week at a ceremony for customers, business partners and government officials in Luanda.
For more information on IBM, please visit:
IBM External Relations, Middle East & Africa
Marie-Anne (Kui) Kinyanjui
IBM External Relations, Growth Markets Unit