The link between one of the world’s most powerful corporate leaders and a small bank in Ethiopia might not be immediately obvious. In this case, it’s an IBM server, which powers Awash International Bank. But soon it could be a lot more if Ginni Rometty (pictured) has anything to do with it.
Rometty, IBM’s chief executive, is spending a week in Africa with her top 15 executives. It’s the first time so many of them have been in one place outside New York. It’s also the first time IBM has convened its chief executives from all over the continent. Read more
Kenya’s ambitions to become Africa’s information-technology hub have received a boost from the US technology giant IBM, which is establishing a research laboratory in Nairobi’s Catholic University of Eastern Africa.
The project announced on Monday is a joint venture, with the Kenyan government’s ICT Board and IBM each contributing $10m of funding over the next five years. While the Kenyan government will cover overheads and local research staff, IBM will provide technology, senior scientists and access to intellectual property for the project which will come into operation in September. Read more