The JV is called TEAL Technology Services, and will initially support OCP in accelerating its digital transformation and enhance efficiencies in its business operations. The JV will implement advanced technologies, including analytics, cognitive and internet of things (IoT), and will develop customised services, leveraging OCP and IBM expertise, whilst also looking to generate employment in the IT sector.
In a joint statement, both companies said: “Serving the African market, the IBM-OCP partnership will create innovative solutions and services to drive digital transformation in industry and other sectors important to Africa’s economic growth.”
The Managing Director of OCP, Mustapha El Ouafi, said: “This JV with IBM is another step in OCP’s tested model of strategic partnerships with best-in-class organisations to promote economic transformation and human capital development in sectors that are key to Africa’s future growth. OCP and IBM’s TEAL Technology Services will help build and accelerate Africa’s digital transformation.”
In the statement, OCP claims that broad and inclusive economic growth in Africa will depend on the transformation of the continent’s agriculture sector and the expansion and diversification of its manufacturing, industrial and service sectors. Harnessing the full power of digital technologies and solutions will be key.
IBM Middle East & Africa General Manager, Takreem El-Tohamy, said: “This collaboration further demonstrates IBM’s commitment to bringing innovative solutions to African markets.
“This venture will provide an opportunity to further strengthen our commitment to our clients on the continent and help them accelerate their digital transformation.”
Both parties will also launch education, social and research and development programmes, reinforcing their commitment to fostering innovation and skills development on the continent.