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Benjamin Mophatlane Business Connexion CEO
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Business Connexion (BCX) has acquired
a 30% strategic interest in AppZone Limited, an information technology
solutions provider in Lagos, Nigeria. While the amount of the acquisition has
not been revealed, the company stated that the AppZone acquisition will
allow it to offer solutions for the financial services sector.
Matthew Blewett, Business Connexion
Chief Operating Officer, stated that, “BCX is pleased to be associated
with AppZone. They have a remarkable asset-base of e-payment software products
and intellectual property, and we’re looking to jointly seize the financial
services opportunities within Nigeria and ultimately across Africa.
Emeka Emetarom, AppZone chief
operating officer said, “AppZone responded to the growing need in emerging
markets for financial services accessibility to the masses.”
AppZone also automates internal
financial operations within financial institutions and business organisations
needed to effectively provide financial services.
IT NEWS AFRICA
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