February 05, (THEWILL) – American technology company, International Business Machines (IBM), has announced plans to discontinue its operations across 36 African countries, including Nigeria and Ghana, transferring its regional functions to MIBB, a subsidiary of the Midis Group.
The handover, effective April 1, 2025, will place MIBB in charge of marketing and selling IBM’s software, hardware, cloud, and consulting services.
MIBB, a subsidiary of Midis Group, is a multinational IT and telecommunications conglomerate operating across Europe, the Middle East, and Africa.
IBM said in a statement that, “MIBB will market and sell IBM products and services in 36 African countries, thereby giving MIBB’s sales network direct access to IBM products, services, and support, further boosting innovation and growth in the region.”
The company’s presence in Nigeria spans over 50 years. Nigeria, one of its six strategic African markets, has hosted all five of the company’s main business divisions – services, hardware, software, finance, and consulting.