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IBM: Wins major cloud deals in Africa

IBM: Wins major cloud deals in Africa

  • IBM announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities
  • Continue their work to develop digital-first solutions, ultimately broadening access to financial services on the continent
  • COVID-19 continues to accelerate the already rapid changes that were happening across the financial services sector in Africa
  • With over 475 million Africans expected to be mobile internet users by 2025 GSMA
  • As banks focus their efforts on open innovation, security, and high-value services, hybrid cloud solutions
  • Hybrid cloud and AI solutions are supporting their drive to accelerate digitalisation in different parts of the continent
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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