IBM to cease direct operations in Nigeria and across 35 African countries, transfers business to MIBB
- IBM plans to discontinue operations in 36 African countries, including Nigeria and Ghana.
- MIBB will take over IBM's regional functions, including marketing and selling its software and services.
- Nigeria's cloud usage is projected to triple over the next decade, potentially contributing ₦30.2 trillion to the economy by 2033.
IBM's withdrawal from Africa raises significant concerns about the sustainability of local tech ecosystems and the future of innovation in the region. While the transition to MIBB may present new opportunities, the uncertainty surrounding local partnerships and capacity building could hinder progress in a rapidly evolving market.
