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Dimension Data has entered the Angolan market with the acquisition of a 51 percent stake in Sistemas Redes e Communicações (SRC), an IT solutions company.
Dimension Data has an established track record of delivering technology services in Africa, said Bruno De Carvalho, Dimension Data's managing director based in Luanda. By combining this track record with SRC's strong client base and local knowledge and skills, Dimension Data Angola is able to provide more comprehensive services tailored to the local market, he said.
Incorporated in 1996, SRC Angola has provided technology and communication products in the local market for more than 12 years. Dimension Data hopes to benefit from SRC's experience to enable it to deliver specialized products and services in the oil-rich Southern African country.
"The Angolan economy has undergone a period of transformation and has emerged as the fastest growing economy in Africa due to its wealth of natural resources," said De Carvalho.
Dimension Data expects to serve the multinational corporations operating in Angola's oil industry, some of whom are existing clients at the international level.
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