Kenya, which has quickly become a country on the telecom rise, gained another investor on Monday, with Wavetec announcing it was opening a new office in Kenya as part of its regional expansion plans. The goal, the company said, is to develop its technology solutions for customers in Africa.
“This will help Wavetec to augment customer service experience and information display solutions at a global level,” the company said in a press statement.
Analysts believe the new office will enhance Wavetec’s ability to enter the African market and penetrate into emerging markets with ease.
The Economist was quick to point out in a recent report that 6 of the 10 fastest growing economies were in Africa.
Wavetec added that it’s “unique capability to customize its systems according to the needs of its clients will benefit banks, airlines, telecoms, hospitals, sports arenas, stock exchanges and government utilities.”
Speaking to reporters, Manager of Africa Operations for the company, Sadiq Hassan, said that “East Africa is an untapped market with a rapidly growing banking and telecom industry.
“Our customized products will help these organizations to completely revolutionize customer service experience and digital displays,” he added.
Analysts believe the move will continue to push Kenya forward on ebanking solutions as well as buttress the telecom industry that has already gained notoriety globally for its successes.
Wavetec already has offices in more than 35 countries.
By Staff
