One of the global tech giants, International Business Machines (IBM), is planning to quit a few markets in Africa from April 1, 2025.
According to reports, IBM will leave Nigeria, Ghana and other key African markets because of its declining sales in the region.
The company has struggled to impress consumers because of stiff competition from rivals like Dell, Huawei and others with attractive products.
Its operations in Nigeria and other African countries will now be handled by MIBB, a subsidiary of the multinational conglomerate, Midis Group.
MIBB will sell a wide range of IBM products and services in Africa like software, hardware, cloud solutions, and consulting services.
IBM has had a significant presence in Nigeria for over five decades, playing a crucial role in the country’s technology landscape.
The company provided infrastructure and consulting services to key sectors, including banking, telecommunications, oil and gas, and government.