{"id":135,"date":"2025-02-10T11:09:24","date_gmt":"2025-02-10T10:09:24","guid":{"rendered":"https:\/\/techstream.getdev.co\/?p=135"},"modified":"2025-02-10T11:09:24","modified_gmt":"2025-02-10T10:09:24","slug":"tech-giant-ibm-exits-direct-operations-in-west-african-markets","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=135","title":{"rendered":"Tech Giant IBM Exits Direct Operations in West African Markets"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"171\" src=\"https:\/\/techstream.getdev.co\/wp-content\/uploads\/2025\/02\/img_4280-1-300x171.png\" class=\"wp-image-134\" srcset=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/02\/img_4280-1-300x171.png 300w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/02\/img_4280-1.png 390w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<p class=\"p1\">IBM is exiting direct operations in 36 African countries, including Nigeria and Ghana, by transferring its business to MIBB, a subsidiary of Midis Group. This transition, set to take effect from April 1, 2025, marks the end of IBM\u2019s 50-year presence in the region. MIBB will now oversee IBM\u2019s software, hardware, cloud services, and consulting offerings, ensuring continuity for existing customers while potentially expanding market reach.<\/p>\n\n\n\n<p class=\"p1\">IBM has been a key technology provider for Nigeria\u2019s banking, telecommunications, oil and gas, and government sectors, with institutions like Zenith Bank relying on its high-end computing solutions. However, increasing competition from Dell and Huawei, especially in banking, has challenged IBM\u2019s dominance.<\/p>\n\n\n\n<p class=\"p1\">The move also follows IBM\u2019s global financial shifts, including declining consulting and infrastructure revenues, though the company remains stable with software sales growth and a projected 5% revenue increase in 2025. While IBM is stepping back, its technology will still be available through MIBB\u2019s extensive African network, shaping the continent\u2019s evolving tech landscape.<\/p>\n\n\n\n<p class=\"p1\">Read the full news here: <a href=\"https:\/\/www.techinafrica.com\/tech-giant-ibm-exits-direct-operations-in-west-african-markets\/\">Tech in Africa<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IBM is exiting direct operations in 36 African countries, including Nigeria and Ghana, by transferring its business to MIBB, a subsidiary of Midis Group. This transition, set to take effect from April 1, 2025, marks the end of IBM\u2019s 50-year presence in the region. MIBB will now oversee IBM\u2019s software, hardware, cloud services, and consulting&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-135","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135"}],"version-history":[{"count":1,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/135\/revisions"}],"predecessor-version":[{"id":136,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/135\/revisions\/136"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}