Zim Tech Firm Expands To Botswana,Mozambique.

Zimbabwean technology company, Tano Digital Solutions, has acquired tech group Altron which is headquartered in Botswana and Mozambique as part of its growth strategy.

The company turnover is expected to be worth half a billion rand’s after acquisition.Tano managing director Wallen Mangere confirmed the move as part of the entity’s expansion strategy.

According to Zimbabwe Independent, Mangere said the business was acquired last year in November.

“Tano took over the Botswana and Mozambique business on November 1, 2022 after approval by the competition authorities in both countries,”

“The takeover of Altron gives Tano regional presence. It also gives Tano a strong presence in the financial services sector, especially in Botswana and Mozambique, where all the major banks are now our customers,”

“The acquisition brings new product offerings in the form of various OEM partnerships like Oracle NCR, CISCO, XEROX,” Mangere said.

Altron is a holding company domiciled in South Africa and listed on the Johannesburg Stock Exchange (JSE). It is invested in the information and communications technology sector (ICT) and offers cloud computing, data management, security, enterprise application development, and training services.