Leapfrogging Africa’s innovation agenda with local cloud solutions
PRESS RELEASE
Kampala, Tuesday 25 June 2019. Pan-African connectivity provider, BringCom, in partnership with science and technology investor, Imprimatur Capital, and European edge cloud software company, GIG Technology, have together birthed what is to provide the African technology industry with cloud sovereignty – afriQloud.
Today launched in Uganda, afriQloud will provide, at internationally competitive rates, local and foreign customers with an innovative and secure distributed edge cloud service.
Hans van Linschoten, founding partner of Imprimatur Capital Africa and CEO of afriQloud “We see significant potential in the growing African cloud market where an estimated $2 billion is being spent in cloud this year, and we’re excited to bring this service to the continent. By the end of 2019 we will complement the few developed markets clouds with a powerful and local distributed cloud in at least 15 countries. This ensures data sovereignty for institutions and governments within Africa’s shores.”
Most of Africa’s content on the internet is currently hosted on servers outside the continent. Implementation of edge cloud computing services in Africa has been adversely affected by lack of reliable and secure connectivity from various service providers. The cost of setting up ICT infrastructure with improved data latency and minimized downtime has also contributed to the slow adoption of cloud solution across the continent.
Mark Simmonds, Chairman of GIG Technology: ”Although cloud adoption is predominantly private, the African markets are generating a growth of 30% in public cloud sales. Few other ICT market segments in the African tech ecosystem have the potential of adding an incremental $2 billion in top line revenue over the next 5 years.”
Fabrice Langreney, CEO of BringCom: “Opening up of the global market will require African companies and organizations to be equally competitive in deployment of e-solutions, scalability, secure data accessibility and connectivity in line with international standards.”
afriQloud is also building bridges to the African incubators and tech hubs. More than 440 tech hubs are available today and more funding is being raised by tech startups across the African continent. The aim of afriQloud is to have the Edge Cloud installed in cities and tech hub ecosystems which hosts a high number of startups and developers. Now present and operational in Uganda, afriQloud will be spreading its services further into the different regions of Africa this year.
Willem Hendrickx, CEO of GIG Technology: “We believe in partnerships and the creation of local economy using our cloud technology. Having assessed the cloud readiness of different African markets, we are thrilled to launch in Kampala.”
Hans van Linschoten: “We have hit the ground and we intend to keep up the pace. This service in Africa is long overdue. In a few months, we will expand our service in East Africa – Tanzania, Kenya, Rwanda and Ethiopia will be afriQloud active very soon. We are working through channels in Southern Africa as well – Zambia, Angola, Botswana, Namibia, Mozambique are our next target markets. And of course the West African region is good and ripe for the plucking. Nigeria, Ghana, Senegal, Ivory Coast and Cameroon – we’ll be present in all these countries this year! We’re very much looking forward to working with tech startups, MNOs, ISPs, government institutions, banks and financial institutions, universities – there is much to be done, and the time to begin is now.”
About afriQloud
afriQloud is a partnership of several selected hi-tech companies (mainly telco and Internet) with the aim of bringing their technology to emerging markets, Africa in particular. afriQloud has incorporated a subsidiary in Uganda – afriQloud Uganda Limited – from where it has started to build a business which is to expand throughout a minimum of 25 countries in sub-Saharan Africa.
About BringCom
BringCom Incorporated, headquartered in Sterling, VA, USA has built Pan-African Ethernet and MPLS networks with its own regional hubs (PoPs) in Los Angeles, Washington DC, London, Djibouti, Nairobi, Kampala and Lagos. BringCom has been offering international and last-mile connectivity solutions since 1992 to enterprises and government customers in the United States, Africa and the Middle East. It delivers secure and reliable Ethernet, MPLS, IPLC and DIA services for enterprise WAN and SD-WAN connectivity.
About GIG Technology
GIG is a high-growth European software company developing and employing a fully-automated edge cloud for companies looking to effectively scale their digital infrastructure at the Edge. GIG’s vision is to build the most distributed edge cloud where any applications can freely move as close as possible to the user, enabling industries to realize a true digital transformation.
About Imprimatur Capital
Imprimatur Capital is an international boutique science and technology investor. Imprimatur Capital specializes in medium and long term intellectual property (IP) opportunities, emerging from a unique international network, including leading universities and research institutions. Established in 2003 and headquartered in London, Imprimatur Capital is a direct investor and a UK FCA regulated fund management company. Imprimatur Capital collaborates and partners internationally with experienced investment, finance and technology professionals, including high-net-worth and institutional shareholders, to deliver a return on investment.
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