IBM Wins Africa Cloud Deals as Banks Quicken Switch to Digital

  • Deals signed with six banks including Nedbank, Attijariwafa
  • IBM CEO Krishna is pivoting to the fast-growing cloud market
Photographer: Ben Torres/Bloomberg
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International Business Machines Corp. won hybrid cloud deals with a number of Africa’s largest banks including South Africa’s Nedbank and Morocco’s Attijariwafa Bank, as part of its strategy to pivot the business toward the fast-growing market of storing large amounts of data on the internet.